2306 Bainmar Drive
About This Property
Perfectly positioned on a premium corner lot, the home enjoys exceptional privacy and tranquil views of the natural preserve and the 13th green. Relax in the spacious living room with soaring ceilings and sliding glass doors that open to the covered lanai and extended screened pool enclosure, ideal for enjoying Florida sunsets and watching golfers pass by.
The open concept kitchen features a large center island, pantry, stainless steel appliances, deep sink, new dishwasher, and ample cabinet space, making it perfect for both everyday living and entertaining. Tile flooring is laid on the diagonal throughout the main living areas, and there is no carpet in the home.
The generous primary suite overlooks the pool and offers direct lanai access for morning coffee or evening stargazing. The en suite bath includes dual vanities, a soaking tub, walk in shower, and spacious closets. Guest bedrooms are comfortably sized, and the den can easily function as a home office or fourth bedroom.
Recent upgrades include a new tile roof in 2022, new air conditioning system in 2024, hurricane rated garage door, whole house generator hookup, wind mitigation, and fresh interior and exterior paint. The laundry room includes a utility sink and additional storage. The home is located in an X flood zone, has county only taxes, no CDD, and low HOA fees.
Westminster is a 24 hour manned, gated community offering an 18 hole semi private golf course with optional membership, driving range, putting green, pro shop, clubhouse, restaurant and bar, resort style geothermal heated pool and spa, fitness center, tennis, pickleball, bocce, billiards, playground, and a full calendar of social activities. There are no mandatory golf fees.
Ideally located just minutes to RSW International Airport, JetBlue and CenturyLink spring training stadiums, Interstate 75, Topgolf, shopping, dining, and Southwest Florida's beaches. This move in ready pool home combines privacy, golf course views, modern upgrades, and resort style amenities in one of the area's most vibrant and amenity rich communities.
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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%.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Price Decreased |
$419,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Feb 23, 2026 | Price Decreased |
$424,900
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by Compass Florida LLC | $449,900 | |
| Listed by Compass Florida LLC | |||
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About Westminister
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017