1530 PINE BAY DRIVE
About This Property
Step inside to soaring vaulted ceilings, expansive windows, and a warm, transitional aesthetic that exudes both comfort and sophistication. The thoughtfully designed open floor plan flows effortlessly from the spacious great room to the dining area and gourmet kitchen-perfect for entertaining or relaxing in style.
The chef's kitchen is a showpiece, outfitted with JennAir Pro Series stainless steel appliances, full-height designer backsplash, custom cabinetry, and a walk-in pantry.
The main-level primary suite is a private retreat, featuring dual walk-in closets and a spa-like bath with separate vanities, a freestanding soaking tub, and a glass-enclosed shower with dual shower heads, a bench seat, and designer tile details. Also on the first floor are a guest bedroom and a versatile office or den. Upstairs, a generous bonus room and two additional bedrooms provide ideal accommodations for family or guests.
Step outside and enjoy the best of Florida living. The screened lanai offers travertine pavers, a custom pool with sun shelf, gas-heated spa, and a full outdoor kitchen with built-in grill and exterior-grade cabinetry. Hurricane-rated electric roll-down screens, a whole house generator, and a 500-gallon propane tank offer year-round peace of mind and comfort.
Every detail has been thoughtfully curated with high-end finishes throughout: wide-plank hardwood floors, porcelain tile, plush carpeting, 8' solid-core interior doors, impact-rated Low-E insulated windows, custom wood cabinetry, and a stunning mix of quartz and granite countertops. The oversized three-car garage is complete with insulated doors and epoxy flooring.
Located West of the Trail in one of Sarasota's most desirable communities, this home offers unmatched quality, comfort, and coastal charm.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017