1739 LITTLE POINTE CIRCLE
About This Property
Soaring ceilings-some exceeding 14 feet-feature tray and coffered detailing accented by warm wood beams, setting the tone for the expansive great room. A striking stone-clad gas fireplace anchors the space, while walls of impact-rated pocketing sliders open fully to the covered patio and resort-style swimming pool and spa, creating an effortless transition between interior and exterior living.
At the center of the home, the gourmet chef's kitchen pairs natural wood finishes with refined stone surfaces. Highlights include a statement island with breakfast bar seating, Wolf induction cooktop with pot filler, custom cabinetry with under-cabinet lighting, floating shelves, premium appliances, and a well-appointed butler's pantry-ideal for entertaining and daily living alike.
The primary suite is privately positioned on the east side of the residence, offering walls of oversized windows and glass sliders that open to the waterfront pool deck. A private spiral staircase leads to a dedicated rooftop terrace with panoramic bay and Intracoastal water views. Inside, the suite features custom a walk-in closet and contemporary en-suite bath designed for relaxation.
Two additional sun-filled guest bedrooms share a beautifully finished bathroom on the west wing, with one bedroom offering a walk-in closet and designer accent wall. A flexible bonus/media room serves as a fourth bedroom, complete with en-suite bath and walk-in closet. Additional features include wood flooring throughout, study/den, a split three-car garage, whole-house generator, tankless water heater, and propane gas service.
Situated on an oversized waterfront lot with approximately 91 feet along the Intracoastal Waterway, this location enjoys cooling bay breezes, open water views, and direct boating access. Southpointe Shores is a quiet cul-de-sac community with convenient proximity to Sarasota's most sought-after destinations.
Just minutes away are Siesta Key Beach, Crescent Beach, and the Intracoastal marinas. Downtown Sarasota's cultural offerings-including The Bay Park, Selby Gardens, Van Wezel Performing Arts Hall, galleries, dining, and shopping-are easily accessible, while nearby schools, parks, and everyday conveniences complete the lifestyle. This newly built waterfront home delivers contemporary design, privacy, and location in one exceptional Sarasota setting.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017