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21724 DEER POINTE CROSSING
About This Property
Custom built in 2021 on 1.18 wooded acres in The Preserve at Panther Ridge, this 4,081 square foot estate was designed for every room to be used, not just admired. Soaring ceilings rise over an open floor plan finished in luxury porcelain wood tile that runs unbroken from room to room. The living and dining spaces flow together for evenings that start with a few guests and end with the whole house full. A dedicated library offers a place to think, and a rare luggage closet keeps the next trip packed and ready without the scramble.
The kitchen is the showpiece, and it earns it. A large center island anchors a professional Wolf suite with a five-burner gas cooktop, statement range hood, double wall ovens, and a warming drawer, paired with a Perlick beverage refrigerator so wine and water are always within reach. Custom cabinetry and deep storage keep the counters clear and the cooking serious.
The primary suite is a light-filled retreat finished with an oversized walk-in closet and a spa-inspired bath. Two more bedrooms sit apart for privacy, one a private suite with its own bath and walk-in closet.
Outside is where Panther Ridge shows off. Step onto the screened lanai to a heated saltwater pool and a gas fire pit, then stay for the part no photo captures: the deer that drift across the acreage at dusk and the calm that settles over the land each morning. This is the Old Florida feel buyers come all the way out here hoping to find.
The estate sits within The Preserve at Panther Ridge, one of East Manatee County's most sought-after acreage communities, wrapped in protected pine and oak hammocks and laced with more than seventeen miles of private walking and equestrian trails. Yet Lakewood Ranch Main Street, Interstate 75, and the beaches of Anna Maria Island and Siesta Key sit just a short drive away.
Additional highlights include impact windows and doors for storm season and energy efficiency, a Beam whole-home central vacuum system, an oversized 3-car garage, and a spacious laundry room with generous storage.
Homes like this, on land like this, do not come along often in Panther Ridge. Schedule your private showing before someone else calls it home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$1,775,000
↓ $113K
(6%) | |
| Price Decreased | |||
| Aug 7, 2026 | Listed by KW SUNCOAST | $1,888,000 | |
| Listed by KW SUNCOAST | |||
| May 16, 2019 | Sold | ||
| Sold | |||
| Apr 17, 2019 | No longer available | - | |
| No longer available | |||
| Mar 22, 2019 | Relisted | $150,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017