2651 LEAFY LANE
About This Property
Built with solid concrete block construction, the home has been meticulously maintained and thoughtfully improved over time, creating a space that's as practical as it is inviting. A brand-new roof completed in October 2024, impact-rated front window and garage door, 2019 HVAC system, and a water heater replaced around 2022 all contribute to peace of mind and lower ongoing expenses.
At the center of the home, the updated kitchen delivers both function and warmth. Remodeled in 2020, it features cherry wood cabinetry, leathered granite countertops, a farmhouse sink, stone tile backsplash, and stainless steel appliances, with under-cabinet lighting adding a soft glow that works just as well for casual mornings as it does for hosting friends.
Both bedrooms are well-sized and comfortable, with the primary suite offering a walk-in closet and an updated en-suite bath complete with a walk-in shower and stone-topped vanity. Updated plumbing fixtures and a whole-house water filtration system round out the interior upgrades, reinforcing the home's low-maintenance appeal.
Out back, your private saltwater pool becomes the star of the show, truly an oasis with it's outdoor fireplace and built-in grill. The fully fenced yard, refreshed in 2018, is beautifully landscaped. With no HOA, no CDD fees, and a non-flood-zone location, this home offers an ownership experience that's refreshingly uncomplicated.
South Gate's charm extends beyond the front door, with walkable access to local dining, cafes, boutiques, and neighborhood favorites. An optional community center and pool are available, though it's hard to imagine needing more than what you already have at home. Whether you're looking for a primary residence, a seasonal retreat, or a rental opportunity, this property delivers comfort, flexibility, and long-term value in one of Sarasota's most established neighborhoods.
Easy living, smart updates, and a location that never goes out of style-this is South Gate at its most inviting.
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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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Jan 1, 2026 | In contract | - | |
| In contract | |||
| Dec 26, 2025 | Listed by COLDWELL BANKER REALTY | $495,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Apr 4, 2025 | Price Decreased |
$540,000
↓ $35K
(6.1%) | |
| Price Decreased | |||
| Feb 18, 2025 | Price Decreased |
$575,000
↓ $24K
(4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017