3035 HILLVIEW STREET
About This Property
Discover this well-maintained 2-bedroom, 1-bath property currently operating as an Airbnb in a desirable Sarasota location. Whether you're looking to expand your investment portfolio, continue an existing vacation rental operation, enjoy a personal getaway, or explore long-term rental potential, this property offers versatility and an established setup in a sought-after Gulf Coast destination.
Location is a standout feature, with convenient access to Siesta Key Beach, Downtown Sarasota, Southside Village, Arlington Park, The Ringling Museum, and Marie Selby Botanical Gardens. Guests and owners alike can enjoy easy access to Sarasota's renowned beaches, restaurants, shopping, entertainment, and cultural attractions.
Originally built in 1958, the home blends original character with thoughtful updates. The renovated kitchen features granite countertops and stainless steel appliances, while the updated bathroom and comfortable living spaces provide an inviting setting for guests.
Major improvements offer additional peace of mind, including a metal roof installed in December 2022, an electrical panel upgrade in 2016, an approximately three-year-old AC system with a 10-year warranty, and a water heater replaced approximately one year ago. Impact-rated doors and hurricane fabric window screens provide additional storm protection. The well and septic systems are regularly maintained.
With an existing short-term rental operation, desirable location, updated features, and proximity to Sarasota's most popular attractions, this property presents an appealing opportunity for investors seeking flexibility and potential income. Continue its use as a vacation rental, explore long-term rental options, or make it your own Sarasota retreat.
**Buyer to independently verify all applicable short-term rental regulations, licensing requirements, restrictions, and rental income and expense information.**
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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 |
|---|---|---|---|
| Aug 15, 2026 | Price Decreased |
$299,000
↓ $26K
(8%) | |
| Price Decreased | |||
| Jul 21, 2026 | Listed by EXP REALTY, LLC | $325,000 | |
| Listed by EXP REALTY, LLC | |||
| Jul 27, 2025 | Price Decreased |
$329,000
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Jul 17, 2025 | Price Decreased |
$332,000
↓ $7K
(2.1%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017