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3175 SANDY RIDGE DRIVE
About This Property
The flexible floor plan offers privacy between bedrooms, making it well suited for guests, a home office, or multigenerational living. The kitchen features wood cabinetry, granite countertops, and newer stainless steel appliances, while updated bathrooms, tile flooring throughout the main living areas, luxury vinyl plank flooring in the secondary bedrooms, refinished volume ceilings, and fresh interior paint completed in 2026 create a move-in-ready interior.
Significant system updates include a new roof in 2026, two HVAC systems installed in 2022 and 2026, a tankless gas water heater, and a whole-house generator. The exterior was also repainted in 2026, giving buyers the benefit of numerous recent improvements alongside the home's established features.
Outdoor living centers around the recently rescreened pool area featuring a pool with a spillover feature, resealed pavered pool deck, storage closet, and plumbing already in place for a future outdoor kitchen. The fenced backyard provides a private space for entertaining and room for your pets to run!
Conveniently located in North Pinellas County, this home is close to shopping, dining, parks, medical facilities, the Duke Energy Trail, Honeymoon Island, local marinas, Ruth Eckerd Hall, and Countryside Club. Two international airports are also within approximately 30 minutes, making travel and everyday conveniences easily accessible.
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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 10, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by COLDWELL BANKER REALTY | $900,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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About Clearwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017