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1884 SOUTHPOINTE DRIVE
About This Property
The left side, unit 1886, spans 1,639 sq. ft. and features 4 bedrooms, 3 bathrooms, a screened lanai, gas range, stainless steel appliances, luxury quartz countertops, elegant tray ceilings, and a versatile floor plan perfectly suited for families, guests, or long-term rental income. The right side, unit 1884, offers 1,087 sq. ft. with 2 bedrooms, 2 bathrooms, a light-filled sunroom, stainless steel appliances, quartz countertops, tray ceilings, and its own private fenced backyard, delivering warm coastal charm and easy everyday living. Both units include private indoor laundry rooms, backyards, and hurricane-impact windows, making this property truly move-in or rent-ready from day one. Beyond the home, Southpointe Shores welcomes you with quiet, tree-lined streets and optional HOA access to a private boat ramp and kayak launch perfect for sunset cruises, paddleboarding, or spontaneous days exploring Sarasota Bay. Just minutes away, enjoy the world-renowned shores of Siesta Key, the vibrant arts, dining, and culture of Downtown Sarasota, plus the boutique shopping and neighborhood charm of The Landings and Gulf Gate Village. More than a duplex, this is a lifestyle investment where location, versatility, and coastal elegance come together. Live beautifully. Earn effortlessly. Expand when the time is right. Own your piece of Sarasota magic in Southpointe Shores.
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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%.
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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 |
|---|---|---|---|
| Apr 13, 2026 | Listed by COLDWELL BANKER REALTY | $999,900 | |
| Listed by COLDWELL BANKER REALTY | |||
| Aug 19, 2025 | Price Decreased |
$1,050,000
↓ $45K
(4.1%) | |
| Price Decreased | |||
| Jun 3, 2025 | Price Decreased |
$1,095,000
↓ $80K
(6.8%) | |
| Price Decreased | |||
| May 13, 2025 | Price Decreased |
$1,175,000
↓ $25K
(2.1%) | |
| Price Decreased | |||
| Mar 12, 2025 | Listed | $1,200,000 | |
| Listed | |||
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Fantastic Investment Opportunity! Welcome to this charming duplex ideally located West of Tamiami Trail offering the best of Sarasota living with close proximity to the world-renowned Siesta Key Beach and Downtown Sarasota. Whether you’re an investor, planning to live in one unit and rent the other, or looking for a multi-generational property, this property presents an incredible opportunity to live or earn income in one of Sarasota’s most desirable areas. The property features two separate, well-maintained units. Each unit has its own private entry, living space, and a private fenced in backyard featuring a brick paver patio perfect for outdoor entertaining. Unit 1884 features 4 bedrooms, 3 bathrooms, a laundry room, and a screened-in patio. Unit 1886 features 2 bedrooms, 2 bathrooms, a laundry room, and a sun room. Both units have been tastefully updated with modern touches throughout. The property has numerous windows which provide an abundance of natural light. Don’t miss out on this amazing opportunity to purchase a property in the desirable and sought after Southpointe Shores community!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017