1918 Sandpiper DRIVE
About This Property
Nestled in the highly sought-after Elde Oro West neighborhood, this spacious 4-bedroom, 3-bathroom waterfront pool home offers an open floor plan designed for comfort and an unparalleled waterfront lifestyle. With an oversized 2-car garage, you'll enjoy ample storage for all your needs.
Start your day paddleboarding or kayaking from your private dock, bask in the sun while fishing, or unwind on the backyard deck as you take in stunning water views. For beach lovers, the pristine shores of Belleair Beach are just 7.2 miles away. Plus, world-class dining, art galleries, museums, and premier shopping are all within a short drive, ensuring you'll never run out of exciting things to do.
Conveniently located only 25 miles from Tampa International Airport, this property is perfect for those seeking relaxation and accessibility.
Recent Updates:
Windows: Installed throughout the house in 2019, along with customer shutters in the primary bedroom and bath
Roof Inspection: Completed in 2024
HVAC System: Fully replaced in 2020, including a whole-home filter system
The electrical trench is complete, allowing for an open floor plan
Water Softener/Filter System: Added in 2024
Lanai Roof: Replaced in 2024
Pool System: New pump (2024) and salt system (2023)
Sundeck: Updated in 2021
Tankless Water Heater: Installed in 2022
Attic Insulation: Replaced in 2023
Toilets: Replaced throughout the home in 2023
Although the home experienced its first-ever flooding due to Hurricane Helene, immediate professional remediation has made it a blank canvas, ready for your vision. Whether you want to remodel, lift, or build your Florida dream home, this property is an incredible opportunity. The house is being Sold As-Is.
With its prime location and potential, it's also a fantastic investment property for income generation.
Don't miss your chance to own a piece of paradise in Elde Oro West!
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 25, 2024 | In contract | - | |
| In contract | |||
| Dec 14, 2024 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Nov 27, 2024 | Price Decreased |
$625,000
↓ $50K
(7.4%) | |
| Price Decreased | |||
| Nov 13, 2024 | Listed by COMPASS FLORIDA LLC | $675,000 | |
| Listed by COMPASS FLORIDA LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017