1752 Banyan DRIVE
About This Property
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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 |
|---|---|---|---|
| May 13, 2025 | Price Decreased |
$284,900
↓ $14K
(4.7%) | |
| Price Decreased | |||
| Feb 3, 2025 | Listed | $299,000 | |
| Listed | |||
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New Roof & Electrical Panel! Public Sewer & Water! Experience the perfect blend of modern luxury and coastal charm in this beautifully renovated bungalow, ideally located just moments from Venice Beach and the fishing pier. Designed for effortless indoor-outdoor living, this turnkey, fully furnished (furniture available for purchase) retreat is an exceptional opportunity—whether as a personal oasis or a high-performing short-term rental.
Step into an airy and light-filled open-concept living space, where contemporary elegance meets relaxed comfort. Luxury vinyl flooring flows throughout, complementing the thoughtfully designed interiors ideal for entertaining. The bathroom features gold hardware and exquisite tile work for a touch of sophistication.
Recent updates include: brand-new roof prior to closing! 200 AMP electric panel, and new water heater ensuring peace of mind with modern efficiency. Outside, your private backyard paradise awaits—fully fenced and meticulously designed for leisure. Enjoy the screened and covered lanai, unwind in the solid metal filtered cowboy pool, play a game of Horseshoes or gather around the fire pit for memorable evenings under the stars. A storage shed adds to the functionality of this exceptional outdoor space.
Additional conveniences include a spacious laundry room off the carport, offering ample storage for beach essentials. With its prime location, impeccable design, and proven rental success, this home is a rare find on Florida’s Gulf Coast.
Don’t miss the chance to own this slice of paradise—schedule your private showing today!
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| Mar 24, 2023 | Sold | ||
| Sold | |||
| May 3, 2022 | Listed by WEST COAST REALTY OF VENICE | $279,900 | |
| Listed by WEST COAST REALTY OF VENICE | |||
| Jul 17, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017