2950 ALTON DRIVE
About This Property
Experience the best of coastal living on Pass-A-Grille Back Channel with breathtaking views of the iconic Don CeSar. This Mediterranean-inspired home includes a private casita with full bath and separate entrance off the courtyard pool-ideal for guests, extended family, or a private office retreat. Some of the attributes include a fully appointed dock with boat lift, impact-rated windows and doors, and classic clay tile roof ensure both function and style. Inside, a chef's kitchen with island seating anchors the home, perfect for both casual mornings and lively gatherings. The spacious dining room sets the stage for memorable dinner parties, while the living room-with fabulous fireplace and water views-flows seamlessly to the waterfront patio.
The primary suite offers private water views and patio access, with a spa-inspired bath featuring dual vanities, glass shower, garden tub, separate water closet, and two walk-in closets. A guest room with sliding doors opens directly to the pool area.
Outdoors, a resort-style courtyard awaits with pool, hot tub, summer kitchen, and lush landscaping-perfect for entertaining or quiet relaxation. A split two-car garage completes this well-appointed home.
Enjoy an unparalleled lifestyle on desirable Vina Del Mar Island, just minutes from the white sandy beaches, charming Pass-A-Grille, and vibrant downtown St. Petersburg.
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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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by SMITH & ASSOCIATES REAL ESTATE | $2,950,000 | |
| Listed by SMITH & ASSOCIATES REAL ESTATE | |||
| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by SMITH & ASSOCIATES REAL ESTATE | $2,950,000 | |
| Listed by SMITH & ASSOCIATES REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017