2435 TERRY LANE
About This Property
Tucked away on a quiet, tree-lined street just north of the vibrant Gulf Gate Village, this well maintained 2-bedroom, 2-bathroom villa-style home offers the perfect blend of comfort, convenience, and location. A true gem in Sarasota, the home is just steps from the local charm and energy of Gulf Gate's renowned shops, restaurants, and services.
Step inside to discover a bright and airy open layout. The spacious great room flows seamlessly into a Florida sunroom, creating a light-filled space ideal for relaxing, entertaining or officing. Terrazzo and tile flooring throughout add both durability and classic Florida style.
Both bedrooms are generously sized. The primary suite includes spacious walk-in closet, a private en suite bathroom with a walk-in shower, while the guest bathroom offers a tub/shower combo.
Step outside to enjoy the well-maintained, shaded backyard, partially fenced with a tall brick wall at the rear for added privacy-an ideal space to unwind outdoors.
Located just minutes from the soft powdery sands and warm Gulf waters of world-famous Siesta Key Beach and within walking distance to Gulf Gate Village's many shopping, dining, and entertainment options, this home delivers the best of location, comfort, and a relaxed Florida lifestyle in one of the area's most sought-after areas.
Don't miss your chance to own a slice of paradise today! Come see, come sigh and make this sweet home your own.
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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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Price Decreased |
$325,000
↓ $10K
(3%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by KELLER WILLIAMS ON THE WATER S | $335,000 | |
| Listed by KELLER WILLIAMS ON THE WATER S | |||
| Aug 30, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017