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2543 GLORIOSA DRIVE
About This Property
This home has been methodically maintained and it shows in the details: new luxury vinyl plank flooring in the main living area, freshly painted interior walls, and updated hardware, mirrors, and cabinet pulls throughout the kitchen and baths. The kitchen pairs granite counters with Whirlpool stainless steel appliances, including a new range/oven, plus an owned water softener and whole-house water filtration system. The primary suite offers a spa soaking tub, a freshly re-grouted walk-in shower, and plantation shutters.
The big-ticket items are already handled: A/C and water heater both replaced in 2022, a tile roof maintained by the HOA, and custom hurricane shutters sized for every window. A pre-wired alarm system with door sensors is in place as well.
The gated community's pool is just across the street. You are also minutes from Lake Tarpon, an adjacent nature preserve, and the Gulf beaches. There is NO CDD and NO Flood insurance required. Carefree Florida living, ready for its next chapter.
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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 18, 2026 | Sold | ||
| Sold | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Jul 9, 2026 | Listed by THE REAL ESTATE RX BROKERAGE, LLC | $365,000 | |
| Listed by THE REAL ESTATE RX BROKERAGE, LLC | |||
| May 27, 2015 | Sold | ||
| Sold | |||
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About Palm Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017