16329 TRADEWIND TERRACE
About This Property
Experience the splendor of a professionally designed model home with this exceptional Sorrento floor plan. This impressive two-story home features a spacious layout perfect for entertaining and family living. The first floor boasts an open-concept design, including a living room, formal dining room, a modern kitchen with granite countertops and stainless steel appliances, a guest suite, and a covered lanai. Upstairs, you will find the luxurious owner's suite, three additional bedrooms, and a versatile loft space.
This home is equipped with Low E Double Paned windows and features a tile roof. Situated in the sought-after Lorraine Lakes community at Lakewood Ranch, residents enjoy access to a gated entrance, a resort-style swimming pool, a state-of-the-art fitness center, tennis and pickleball courts, and a grand clubhouse. This is an incredible opportunity to own a professionally decorated model home in a community with outstanding amenities. A Driveway will be installed prior to occupancy * Furniture sold separately * Some photos are for display only - Please Verify home and decor.
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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.
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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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by FINE PROPERTIES | $843,731 | |
| Listed by FINE PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017