321 GOWDY ROAD
About This Property
Welcome to this beautifully designed three-story townhome, a residence that offers the best of city living with a warm and inviting feel. From its prime location across from Payne Park to its thoughtful upgrades and spacious layout, this home was created to complement both an active lifestyle and moments of quiet retreat.
Step inside and discover a bright and versatile first level, featuring a private bedroom with en-suite bath-ideal as a guest suite, home office, or creative studio. The main living level showcases soaring ceilings and a seamless open concept, where natural light pours in from every angle. At the heart of the home, the chef's kitchen impresses with quartz counters, full-height cabinets, a large island, and premium stainless steel appliances. Whether you're hosting friends for dinner or enjoying a quiet night in, this space is equal parts functional and stylish.
The adjoining living and dining areas create an easy flow for entertaining, with oversized windows framing views of Payne Park. A private balcony extends your living space outdoors, perfect for morning coffee or sunset cocktails.
The top floor is home to a serene primary suite designed as a true retreat. Complete with custom closets, a spa-like bath featuring a glass-enclosed shower and soaking tub, and tall tray ceilings, this space feels luxurious yet comfortable. An additional bedroom with its own private bath completes the third level, offering privacy for family or guests.
Additional highlights include plank flooring throughout, designer fixtures, smart home features, a private elevator, and a two-car garage with epoxy flooring. Outside, enjoy the low-maintenance lifestyle of Payne Park Village, with resort-style amenities including a heated pool, spa, cabana, BBQ area, dog park, and turf play area.
When you're ready to explore, Sarasota's vibrant downtown is at your doorstep-boutiques, award-winning dining, theaters, and the weekly farmers market are all just minutes away. Hop on the Legacy Trail for a bike ride, spend the afternoon at St. Armands Circle, or unwind on the world-famous beaches of Siesta Key and Lido.
This home blends modern comfort, designer details, and unbeatable convenience-making it the perfect choice for those ready to embrace the Sarasota lifestyle.
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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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Price Decreased |
$1,199,000
↓ $51K
(4.1%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed by COLDWELL BANKER REALTY | $1,250,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017