2821 Bruce Street
About This Property
Inside, modern luxury meets peace of mind. The kitchen features sleek granite countertops and backsplash, 2025 appliances, and stunning water views. The redesigned lanai is the work of one of the top structual engineers in the area using poured concrete and 2X12 beams (construction plans from 2020 and long list of updates in MLS supplemental info available to your agent). The entire home is built for superior protection and energy efficiency. The property boasts a metal roof, impact windows and doors, a CAT 5 island-rated garage door, additional attic insulation and an updated powder-coated front door - this will be the easiest home to maintain for years to come. Enjoy direct Gulf access with no bridges or locks, a deep water canal, and a 10,000 lb covered boat lift. Utility ready RV parking on the premises, and room for an SUV in the garage. With assumable insurance paid ahead through 2026- a rare financial advantage- and a location just minutes from waterfront dining and 45 minutes to the international airport, this property is the pinnacle of secure, move-in ready, Southwest Florida living. Schedule your private showing today!
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 11, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Decreased |
$530,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
| Jan 19, 2026 | Listed by Coldwell Banker Realty | $545,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 16, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017