2011 KETCH CIRCLE
About This Property
The home is just steps from the heated community pool, where you can relax and take in breathtaking views of Sutherland Bayou. Sip your morning coffee or evening drink on the cozy front porch, then stroll down to the water's edge. Inside, the home features an open floor plan with stylish beachy plank flooring, crisp white woodwork, abundant natural light, and a recently updated bathroom-making it truly move-in ready.
Crystal Bay offers an abundance of amenities, including a private boat ramp, dock, fishing pier with running water, shuffleboard court, barbecue grills, and two clubhouses hosting frequent social events like game nights, dinners, pancake breakfasts, dances, and boating excursions.
Set along the scenic Pinellas Trail, this waterfront community provides unmatched access to the Gulf of Mexico and endless recreational opportunities. The prime location is just minutes from the Gulf beaches, Palm Harbor, Tarpon Springs, and Safety Harbor, with easy access to shopping, dining, breweries, and year-round festivals.
Whether you're looking for a land-owned seasonal retreat, a low-HOA waterfront home, or a turn-key 55+ property in Pinellas County, this one checks all the boxes. Schedule your private tour today before this rare opportunity is gone!
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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.
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About Crystal Bay Travel Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017