1885 VAMO DRIVE
About This Property
This 1 bedroom, 1 bath home is FULL OF CHARACTER, featuring tile flooring, crown molding, and light coastal decor that creates a relaxed, beachy atmosphere. The cozy primary bedroom includes an en suite bathroom with thoughtful details, built-in shelving, and a crisp white tiled shower.
The kitchen is equally CHARMING, with white cabinets featuring decorative ACCENTS, a coordinating tile backsplash, and newer stainless steel appliances. A back door opens to the rear porch, perfect for morning coffee or evening relaxation. The LARGE FENCED BACKYARD includes TWO STORAGE SHEDS, one shed with electric, and plenty of space to add a pool, creating YOUR VERY OWN PRIVATE RETREAT. NEWER SEPTIC INSTALLED 2024.
Enjoy nearby Vamo Drive Park on Little Sarasota Bay, offering bay access, boat launches, and scenic walking trails including the Jim Neville Marine Preserve. Come see, come sigh and make this tiny home your own.
Whether you're seeking a charming coastal retreat or a smart rental opportunity, this home is brimming with possibilities in an unbeatable Sarasota location. Come see it today! Multiple offers received. Highest and best offer requested by 3/25/2026, 8pm EST.
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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