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272 Baytree Dr.
About This Property
Public water and sewer are available, making this an excellent opportunity to begin planning your custom Florida home. The area features approximately 55 miles of canals and is known for its scenic surroundings and relaxed coastal atmosphere.
Conveniently located just a short drive from Englewood Beach, Manasota Key, and Boca Grande, you'll enjoy easy access to beautiful Gulf beaches, waterfront dining, and outdoor recreation.
A great opportunity to secure waterfront property in a growing Southwest Florida community.
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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 |
|---|---|---|---|
| Mar 4, 2026 | Listed by Dezer Platinum Realty LLC | $29,999 | |
| Listed by Dezer Platinum Realty LLC | |||
| Oct 5, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Relisted | $32,500 | |
| Relisted | |||
| Jun 12, 2021 | No longer available | - | |
| No longer available | |||
| May 18, 2021 | Listed by RE/MAX PALM REALTY | $32,500 | |
| Listed by RE/MAX PALM REALTY | |||
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Incredible lot located on the Butterford Canal in Rotunda. Great location to build your dream home! Close to the beaches, hospitals, restaurants, fishing, booating, shopping and the Tampa Ray’s spring training stadium. Public utilities are in place. If you enjoy the beach, fishing and boating then this area is perfect! Rotunda Lakes is a deed restricted community with walking trails and beautiful lakes loaded with wildlife and birds. Need help finding a builder? I am happy to help! Call me today for more info on the area's builders.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017