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2233 DONATO DRIVE
About This Property
Step through the grand entry and feel the home unfold with breathtaking impact showcasing soaring ceilings, gleaming marble floors, and walls of glass framing mesmerizing water vistas from sunrise to sunset. The gourmet kitchen is a chef's fantasy displaying granite counters, premium stainless appliances, gas cooktop, two dishwashers, touchless faucet, Bosch refrigerator, and a full-size wine refrigerator ready for lavish entertaining.
Two versatile first-floor bedrooms include a dedicated office with built-ins and a private ensuite bedroom with a handicap-accessible bath. Upstairs, an alluring loft leads to two guest bedrooms and an extraordinary primary suite featuring dual closets, a jewelry closet, a spa-inspired bath with soaking tub, oversized shower, and dual vanities. There is a private bonus room off of the primary bath currently being used as a gym, with panoramic water views and its own balcony completing this luxurious sanctuary. Remote-controlled electric window treatments throughout the entire home elevate the ease of everyday living.
Step outside and indulge in your private paradise. A heated saltwater pool, standalone spa, expansive waterfront patio, and a fully equipped dock with a 10,000-lb boat lift, a jet ski lift (for 2 jet skis) and a kayak lift/launch, all with water and electricity. The home comes
equipped with a Generac generator servicing the entire home, adding priceless peace of mind.
Belleair Beach's private resident-only beachside is just a short distance or golf cart ride away, along with boutique dining, shopping, and vibrant beachside entertainment with nearby Indian Rocks Beach and Clearwater Beach. All watercrafts are available for purchase but DO NOT convey with the sale of the home. This spectacular WATERFRONT HOME experienced NO WATER INTRUSION OR STORM DAMAGE. FLOOD POLICY is ASSUMBLE and reasonably priced.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$2,350,000
↓ $50K
(2.1%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$2,400,000
↓ $50K
(2%) | |
| Price Decreased | |||
| Jan 27, 2026 | Price Decreased |
$2,450,000
↓ $50K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017