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232 NATURES WAY
About This Property
The SPACIOUS PRIMARY SUITE offers a relaxing retreat with a decorative ceiling fan, two windows, and a GENEROUS WALK-IN CLOSET WITH MIRRORED SLIDING DOORS. The private bathroom features a WALK-IN SHOWER, extended vanity with white cabinetry, framed mirror, and linen storage. A guest bedroom and second full bathroom provide comfortable accommodations for visitors. The INDOOR LAUNDRY AREA off the kitchen includes a washer and dryer.
A true highlight is the IMPRESSIVE 16' X 38' SCREENED FLORIDA ROOM, offering approximately 608 SQUARE FEET OF ADDITIONAL OUTDOOR LIVING SPACE! Featuring a high ceiling with exposed beams, ceiling fans, decorative string lighting, and textured flooring, this expansive retreat offers multiple seating areas, lounge chairs, and outdoor dining space. Large screened panels overlook the beautifully maintained lawn, mature shade trees, and natural surroundings, creating an inviting setting for entertaining or enjoying Florida breezes.
Additional features include a LARGE AIR-CONDITIONED STORAGE SHED, ideal for a workshop, hobbies, or extra storage, along with hurricane shutters and two rain barrels. MAJOR UPDATES INCLUDE NEW WINDOWS (2022), A/C AND HEATING SYSTEM (2022), AND WATER HEATER (2023).
The VILLAGES AT RIVERWALK is an active, pet-friendly, 55+ RESIDENT-OWNED COMMUNITY offering a HEATED POOL, CLUBHOUSE, FITNESS ROOM, PICKLEBALL, SHUFFLEBOARD, LIBRARY/CARD ROOM, FISHING DOCK, AND NATURE TRAIL. A kayak launch along Salt Creek provides access to the Myakka River, while organized activities offer opportunities to connect with neighbors. The LOW MONTHLY HOA FEE includes lawn care, basic cable, trash pickup, and community amenities. Resident ownership means NO MONTHLY LOT RENT, with an ownership share stated to be valued at $103,000. Conveniently located near North Port shopping, dining, medical facilities, and the beautiful Gulf Coast beaches of Englewood.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2026 | In contract | - | |
| In contract | |||
| Oct 20, 2026 | Listed by MARINA PARK REALTY LLC | $179,000 | |
| Listed by MARINA PARK REALTY LLC | |||
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Mar 24, 2024 | Price Decreased |
$219,900
↓ $10K
(4.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017