16842 Anchor Root STREET
About This Property
The Sunburst model welcomes you with open arms, offering 2 bedrooms, 2 full bathrooms, and nearly 2,000 square feet of exquisitely designed living space, perfect for hosting gatherings and creating cherished memories. Step out onto the expansive lanai extension, where approximately 700 square feet of covered space beckons you to unwind in your very own backyard oasis. Enclosed and sheltered, it provides ample room for leisurely conversations or catching your favorite shows under the open sky.
Inside, a symphony of modernity awaits, with every detail meticulously updated or enhanced to perfection. Adorned with upgraded wood tile flooring, elegant lighting fixtures, and a hybrid water softener/conditioner, every corner exudes an air of refined luxury. Glide through the "phantom" screen-adorned front door into the heart of the home, where a tiled kitchen backsplash, gleaming stainless appliances, solid surface counters and crown molding throughout create an ambiance of effortless sophistication. The neutral, cool color palette invites your personal touch, awaiting the final strokes of your designer flair to complete this masterpiece.
Outside, lush tropical foliage graces the front, framed by concrete curbing and three rain gutters at the rear, ensuring pristine landscaping year-round. And let's not forget the solar panels, a testament to innovation and sustainability. Part of a TECO pilot program, these panels are not just a nod to eco-friendliness but a practical addition, capable of powering your home for up to 14 days in the event of a power outage. They are maintained by TECO and owned outright.
But the delights don't end there. Immerse yourself in the unparalleled amenities of the Medley clubhouse, where resort-style living meets the comforts of home. Whether it's lounging by the beach-entry tropical pool, indulging in indoor/outdoor dining and bar service, or partaking in a lively game of cards or pickleball, there's never a dull moment. And let's not forget the Southshore Bay 5-acre lagoon, a hub of activity and entertainment.
Embark on a new chapter of your life today and make 16842 Anchor Root Street your forever home, where every moment is infused with the vibrant spirit of Florida living.
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Price Decreased |
$400,000
↓ $8K
(1.8%) | |
| Price Decreased | |||
| Mar 15, 2024 | Price Decreased |
$407,500
↓ $8K
(1.8%) | |
| Price Decreased | |||
| Feb 8, 2024 | Listed by KELLER WILLIAMS TAMPA PROP. | $415,000 | |
| Listed by KELLER WILLIAMS TAMPA PROP. | |||
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About Wimauma
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017