50
Map
154 LOOKOUT POINT DRIVE
About This Property
The heart of the home is a completely renovated kitchen featuring quartz countertops, soft-close cabinetry and drawers, built-in organizers, pull-out spice storage, a specialty appliance lift for a mixer or blender, a new refrigerator and dishwasher, and abundant functional storage. The main living area is anchored by a fully functioning wood-burning fireplace with an elegant travertine stone surround, adding warmth and character to the home.
All four bedrooms are exceptionally spacious and feature large walk-in closets with custom organization systems. The primary suite and a guest bedroom are conveniently located on the first floor, providing an ideal layout for family and guests. Additional conveniences include a whole-home central vacuum system and a spacious two-car garage with an already-installed Tesla EV charging station.
Major recent improvements provide additional peace of mind, including two brand-new air-conditioning systems and brand-new hurricane-rated windows installed in August 2026.
The outdoor living space is truly a standout. More than 1,500 square feet of screened lanai and outdoor living area surrounds an exceptionally large residential pool ranging from approximately 3 to 8 feet deep. Two covered outdoor areas provide comfortable spaces for entertaining and relaxing, including an outdoor kitchen with a brand-new THOR grill and a separate covered TV lounge area. A pool bath is conveniently accessible directly from the lanai.
Across the back of the pool enclosure, an impressive approximately 50-foot panoramic screen creates a virtually unobstructed view with no intermediate posts interrupting the sightline. Beyond the pool is an expansive green space, creating a wonderful sense of openness and privacy. The newly landscaped yard and more than 25 palm trees lining the backyard complete the lush, tropical setting.
Living in Southbay Yacht & Racquet Club is about much more than the home itself. Residents enjoy an impressive collection of community amenities, including a clubhouse, heated community pool, fitness center, tennis courts, pickleball courts, basketball courts, bocce ball, library, card and game room, ballroom and banquet facilities, and the community's highly desirable marina, where residents have opportunities to rent or lease boat slips, subject to availability.
The location is equally exceptional. Pine View School is approximately one mile away, while the bay, Gulf beaches, Publix, restaurants, coffee shops, fitness and yoga studios, CVS and everyday conveniences are all close at hand. The golf-cart-friendly community makes enjoying the neighborhood and surrounding area even easier.
From its oversized bedrooms and beautifully renovated kitchen to its remarkable pool, panoramic screened view and expansive outdoor entertaining areas, this home offers an uncommon combination of space, thoughtful upgrades and Florida lifestyle. Add the boating and recreational amenities of Southbay Yacht & Racquet Club, and this is a home designed to enjoy everything the Sarasota area has to provide.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 28, 2026 | Listed by FLAT FEE MLS REALTY | $2,199,999 | |
| Listed by FLAT FEE MLS REALTY | |||
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Listed by MAXIM LLC | $995,000 | |
| Listed by MAXIM LLC | |||
| | |||
|
Incredible Large modern home in Southbay Yacht and Racquet Club offers Five thousand plus sq ft of LUXURY! As you enter through Double Leaded Glass doors into the Foyer with Grand Staircase plus views of the oversized Dining and Living Rooms with coffered ceilings and crown molding. Features: New METAL Roof and Gutters, paint inside and out, NEW porcelain and marble floors throughout. All rooms are OVERSIZED and OPEN, the amazing Family room has a stone faced wood burning Fireplace plus boasts a second dining area. Large gatherings are easily entertained. Plus the amazing Chef’s KITCHEN boasts a COPPER Farm House sink and faucet, wine cooler, double oven, built in microwave, pantry, wet bar and appliance garage. All this including two Breakfast Bars, top of the line appliances and so many extras. The massive Master Suite with pool access, double walk in closets, plus claw footed tub, bidet, and separate shower. One of a kind den / office or Fourth bedroom with TEAK Walls and Custom Floor can be private by closing the double pocket doors. Upstairs Family or Guests will enjoy two oversized bedrooms with new BATHROOM / Shower / double sinks and vanity. Large Foyer with French doors for Privacy. Plumbing system replaced and upgraded throughout excluding Master, new air conditioner plus so much more. Entertain by the oversized pool and spa. The ESTABLISHED Community of Southbay Yacht and Racquet Club with INTER COASTAL access offer: Recreational Facilities to include a deep water MARINA with over 150 boat slips, PWC docks, plus 175 vessels, up to 55 ft. Kayak facilities, Sport Courts for Tennis and Pickle ball, Bocce and Shuffleboard courts. A children’s playground and miles of paths in a park-like setting. This is a once in a life time opportunity to BOAT, PLAY and live the FLORIDA DREAM!
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 4, 2021 | Price Decreased |
$1,029,000
↓ $60K
(5.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017