3215 HIBISCUS DRIVE
About This Property
With 1,779 sq ft of open-concept living space, there's plenty of room to stretch out, entertain, or practice your award-winning dance moves. The kitchen is a chef's paradise, featuring quartz countertops, soft-close cabinets (so you can aggressively shut them without a sound), a pantry big enough to get lost in, and Energy Star appliances-including a convection oven with a built-in air fryer (because we know you love crispy snacks). The master suite? Absolute luxury. A spa-like bathroom with a huge walk-in shower, dual sinks (so you don't have to share), a heater for those "Florida winter" mornings, an enormous walk-in closet (seriously, it might have its own zip code), and patio access with water views that will make your morning coffee taste even better. Outdoor perks? Oh, we've got them! Two patios with built-in stereo speakers and sunshades-because you deserve a personal concert while you sip your drink and watch the sunset. A new 10x12 floating dock was recently added, perfect for fishing, launching kayaks, or just standing on while contemplating life. And yes, there's room for a pool-so start planning your epic cannonball contest now. Hurricane-rated doors and windows will keep you safe, and there are no HOA fees or deed restrictions, so go ahead and park that boat, RV, or giant inflatable flamingo in the yard. Located in the heart of Hernando Beach with indirect access to the Gulf of Mexico, this home is ready for its next adventure-are you? Schedule a showing today before someone else snags your dream dockside lifestyle!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by COLDWELL BANKER FIGREY&SONRES | $599,900 | |
| Listed by COLDWELL BANKER FIGREY&SONRES | |||
| May 1, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017