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1421 MEREDITH DRIVE
About This Property
Two secondary bedrooms sit privately at the front of the home, sharing a full bath. It's a smart layout that balances comfort and function. From there, the home unfolds into a stunning kitchen anchored by a large center island, quartz countertops, upgraded soft-close cabinetry, and a full suite of stainless steel appliances, including an eSTAR® side-by-side refrigerator. A generous pantry and sunny kitchen nook flow seamlessly into the expansive Great Room, creating an open, connected space built for both quiet evenings and lively gatherings.
Just off the Great Room, a private Den behind double French doors provides flexible space for a home office, study, or reading room, while access to the covered lanai extends the living space outdoors for effortless indoor-outdoor enjoyment.
Tucked privately at the rear of the home, the Primary Suite is a true retreat, complete with a spacious walk-in closet and a Deluxe Primary Bath featuring an oversized tile shower with glass enclosure. A well-placed laundry room sits just behind the kitchen with direct access to the 3-car garage, adding everyday convenience to the home's smart, efficient design.
Additional highlights include architectural shingles and professionally installed landscaping with irrigation, elevating both curb appeal and low-maintenance living.
This home also comes equipped with a built-in Smart Home Package, featuring a Ring Video Doorbell, smart thermostat, keyless entry smart door lock, and Deako smart switches, bringing modern convenience and peace of mind to daily life. Backed by a full builder warranty, the Drexel delivers lasting confidence in a home crafted for today's lifestyle.
Location adds even more value. Enjoy quick proximity to the Veterans Expressway and US-19, connecting you effortlessly to Downtown Tampa, Clearwater, and St. Petersburg, while the Suncoast Parkway provides a direct route north toward Homosassa and US-98, making regional travel simple and stress-free.
Set within a vibrant, established community lined with mature trees and beautifully maintained landscaping, this is a neighborhood where roots are already grown and a warm welcome awaits. Experience the craftsmanship, modern finishes, and thoughtful design of this exceptional new construction home. Schedule your private tour of The Drexel today. We can't wait to welcome you home!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2026 | Listed by NEW HOME STAR FLORIDA LLC | $399,900 | |
| Listed by NEW HOME STAR FLORIDA LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017