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16203 TRADEWIND TERRACE
About This Property
The main living area has the open great room layout that makes this home work so well for everyday living and entertaining. The kitchen is a big one, with plenty of cabinet and counter space, quartz countertops, wood cabinets and stainless steel appliances. Large sliders open directly to the screened pool and spa area, giving you a great indoor-outdoor setup. The private backyard gives you plenty of space to hang out by the pool, have friends over or just enjoy the Florida weather.
The home offers 3 bedrooms, 3 full bathrooms and a separate home office, along with a large 3-car garage. The primary suite is spacious and has a nice private feel, while the additional bedrooms and full baths give guests plenty of room when they come to visit.
You also get the features buyers want in a newer Florida home, including a tile roof and brick paver driveway.
And Lorraine Lakes is a big part of the story here. The community has a terrific amenity center with a resort-style pool, indoor basketball, fitness center, pickleball, tennis, bocce and more. There's even a restaurant and lively bar area, which is a great place to grab a drink, catch a game or meet up with friends. The community also has a busy social calendar with activities for all ages.
The location is another big plus, with excellent schools and easy access to Lakewood Ranch shopping, restaurants, Waterside, Main Street and the LWR Sports Complex.
Take the 3D virtual tour to see the floor plan and walk through the home from anywhere. It's a great way to get a feel for the layout, the size of the rooms and how the indoor and outdoor spaces work together before you even come see it in person.
If you're looking for a home with a great layout, pool and spa, private backyard and a lot of amenities right outside your door, this one should definitely be on your short list.
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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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by COLDWELL BANKER REALTY | $899,500 | |
| Listed by COLDWELL BANKER REALTY | |||
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Price Decreased |
$934,900
↓ $100
(0%) | |
| Price Decreased | |||
| Apr 7, 2025 | Price Decreased |
$935,000
↓ $39K
(4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017