1716 9TH STREET
About This Property
Step inside to a thoughtfully designed open-concept layout that connects the living, dining, and kitchen areas, creating an ideal setting for entertaining or everyday living. The chef-inspired kitchen features a double oven, a spacious island with seating, a built-in wine fridge, and ample storage. Large sliding glass doors in the dining area open directly to the backyard, creating an effortless indoor and outdoor lifestyle. An outdoor kitchen makes al fresco dining easy, while the private pool transforms the space into a resort-style retreat.
The primary suite is a true sanctuary, complete with a walk-in closet and a luxurious en-suite bathroom featuring dual vanities, generous cabinet storage, modern lighting, and a sleek walk-in shower. Two additional bedrooms are ideal for guests or family, each offering upgraded closet systems. A second full bathroom provides a double vanity and a tub and shower combination, echoing the home's upscale design. Working from home or needing a private space, the dedicated office area offers the flexibility to be transformed into a den, creative studio, or study. The laundry room is fully equipped with washer and dryer units for added convenience, and the oversized 2-car garage features an epoxy-coated floor for both functionality and visual appeal.
Outdoor living is elevated with a large covered patio space perfect for lounging or dining al fresco. The beautifully paved area overlooks a peaceful backyard and a refreshing pool with a waterfall feature, offering your own private oasis. Multiple access points throughout the home lead to terrace-style balconies, ideal for soaking in the Florida sunshine and views. As a bonus, the rooftop den provides an exclusive space to relax or entertain, complete with impressive cityscape views, the perfect spot for sunset cocktails or quiet mornings.
Beyond its stunning design, this property also presents a vacation rental investment opportunity for investors looking to move their money via a 1031 exchange, with gross annual revenue of up to $221,000! Additionally, with its DTN zoning, the home offers the unique ability to operate low-intensity professional businesses such as medical, wellness, or design services while welcoming clients directly to a dedicated front section of the residence.
Just steps from Main Street, a neighborhood park, and a boat ramp, this home offers unmatched convenience. The marina and Sarasota's lively downtown are only minutes away, giving you easy access to the city's best dining, shopping, and entertainment. Half a block from Gillespie Park with its tennis courts and green space and close to the new 50-acre Bay Sarasota Park, you'll enjoy expansive lawns, cultural venues, and recreational areas for outdoor enjoyment.
Schedule a showing today and experience this exceptional Sarasota home for yourself.
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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 |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Price Decreased |
$2,150,000
↓ $50K
(2.3%) | |
| Price Decreased | |||
| Aug 11, 2025 | Listed by KELLER WILLIAMS ON THE WATER S | $2,200,000 | |
| Listed by KELLER WILLIAMS ON THE WATER S | |||
| Apr 30, 2025 | Price Decreased |
$2,499,000
↓ $351K
(12.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017