15 ARLINGTON DRIVE
About This Property
This beautifully updated 2-bedroom, 2 bath residence with a bonus room-ideal as an OFFICE or THIRD BEDROOM-offers the perfect balance of elegance, comfort, and Florida lifestyle. Enjoy tranquil peek-a-boo views of the pond and golf course in a home designed for both relaxation and entertaining.
The double door entry welcomes you into a bright open concept great room with soaring 11.5 ft vaulted ceilings, crown and chair rail molding, and neutral coastal tones. Four pocketing sliding glass doors open seamlessly to the expansive screened lanai, where a heated pool, covered seating areas, and a 64 foot enclosure create a private resort style retreat.
The designer kitchen is a centerpiece, featuring granite countertops, rich wood cabinetry, FINGERPRINT RESISTANT stainless appliances (2019), a breakfast bar, and a cozy dining nook overlooking the pool. A convenient pass through window enhances outdoor dining and entertaining.
The primary suite is a peaceful retreat with a large walk-in closet, additional built in storage, and a sitting area or work out equipment area with direct pool access. The ensuite bath offers dual vanities, a makeup station, soaking tub, and walk-in shower with FLOOR TO CEILING tile. The guest suite includes a walk-in closet, private sitting area, and access to the pool, with the guest bath also serving as a convenient pool bath.
Additional highlights include HURRICANE IMPACT WINDOWS (2018), laminate flooring in main living areas, an interior laundry room with utility sink, and an oversized two-car garage with sliding screen panels.
Located minutes from The Links Golf Course, Don Pedro Island State Park, grocery stores, and restaurants. Residents enjoy quick access to beaches, boating, and world-class fishing at Boca Grande. Boca Grande Causeway is approximately 3 miles away, and Englewood Beach is less than 10 miles.
This home offers a rare combination of quality, comfort, and location-ideal for year-round living, a seasonal retreat, or a luxury investment property. The pricing thoughtfully reflects the opportunity for updates, allowing the next owner to tailor the home to their personal vision.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 20, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Price Decreased |
$389,600
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$399,600
↓ $20K
(4.7%) | |
| Price Decreased | |||
| Jan 2, 2026 | Price Decreased |
$419,400
↓ $10K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017