260 Burnt Pine Drive
About This Property
Enjoy your private outdoor oasis with a remodeled pool and lanai, complete with a sun shelf, new pool heater, and resurfaced finish (2024). A newer roof adds value, peace of mind, and credits for insurance.
Located in the gated community of Pebblebrooke Lakes, known for its family-friendly charm, lakes, clubhouse, pool, and tennis courts. Prime location near Founders square, I-75, Logan Landing, top-rated schools, and beautiful Gulf beaches. Low HOA fees make this the perfect blend of comfort and convenience.
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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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Price Decreased |
$799,000
↓ $51K
(6%) | |
| Price Decreased | |||
| Jun 2, 2025 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Mar 23, 2025 | Listed by Compass Florida LLC | $875,000 | |
| Listed by Compass Florida LLC | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017