272 SHORE DRIVE
About This Property
The secluded, fenced backyard serves as a lush oasis, featuring a sparkling pool, covered/open patio and a screened-in lanai nestled amongst mature landscaping. A vibrant green path leads you straight to the open water where you will find an additional patio with seating and your private dock. Inside, the heart of the home is a stunning, custom-designed kitchen by Tampa Bay Millworks, showcasing solid walnut cabinetry, quartz countertops, KitchenAid appliances including a double oven, and a spacious island with a floating walnut butcher block bar top. A double-sided wood-burning fireplace links the living and family rooms, creating warmth and character throughout. The primary suite offers a spa-like bath with dual sinks, a jacuzzi tub and a walk-in, rainfall shower. A flexible fourth bedroom suite with private entrance, kitchenette, and full bath provides ideal space for guests, in-laws or rental potential. All Windows and Sliding Doors, including the garage door, are Hurricane-Rated and durable wood plank, porcelain tile in all the right places! New Water Heater (2024), New Pool Pump (2024), Freshly Painted Exterior (2025).
Located in the charming, Coastal town of Ozona, a laid back golf cart community with no HOA or deed restrictions, you are just steps from local restaurants, marinas, the Pinellas Trail, and a short ride to Downtown Palm Harbor, Dunedin and the Tarpon Springs Sponge Docks. Zoned for top rated schools and minutes from Innisbrook Golf Resort, home of the PGA Valspar Tournament and many other golf and outdoor activities, this home really offers the True Florida Lifestyle! It is time to Treat Yourself and Start Living the Salt Life You have Always Dreamed of!!
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017