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262 PALMETTO DRIVE
About This Property
Outside is where this property truly shines. The expansive lot provides plenty of room to add a pool while still leaving ample yard space. RV and boat owners will appreciate the private gated entrance with full RV hookups, including electric, water, and septic connections. A 14' x 12' storage shed offers additional space for lawn equipment, tools, and outdoor gear.
Enjoy all that South Venice has to offer, including optional access to the South Venice Beach Ferry and private boat ramp (membership fees apply), making it easy to spend your days on the water and your evenings enjoying spectacular Gulf Coast sunsets. Conveniently located near US-41, SR-776, shopping, dining, beaches, and everything Venice has to offer, this property combines space, flexibility, and an unbeatable Florida lifestyle. NO HOA, NO CDD, LOW TAXES!!!
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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 27, 2026 | Sold | ||
| Sold | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Relisted | $369,900 | |
| Relisted | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Listed by EXIT KING REALTY | $369,900 | |
| Listed by EXIT KING REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017