327 HERNANDO AVENUE
About This Property
The layout of this home is a thoughtful orchestration of space and light, featuring towering 10-foot ceilings and a cleverly designed split floor plan. The primary bedroom suite offers seclusion on one side of the property while two spacious additional bedrooms and a bathroom lie on the opposite side, ensuring privacy. Primary bath has a nice soaking tub for peaceful evenings. Each room is a testament to open, airy living spaces that resonate with the warmth and light of Florida's sun.
A grand living area merges seamlessly with a fun kitchen, encouraging the culinary enthusiast to cook and entertain against a backdrop of poolside and landscaped views. Transition easily from indoor to outdoor living with a screened patio that leads to a sparkling pool, complemented by paver decking sealed and cleaned-perfect for enjoying the abundant sunshine.
The charm extends into the tropical garden oasis adorned with an array of fruit-bearing trees, including lemon, starfruit, and passion fruit vine- offering a sweet slice of nature at your doorstep. Nature lovers will appreciate the additional features such as a fire pit for those star-filled nights and a whimsical bomb shelter, adding a unique touch to the backyard.
Sustainability is at the forefront with a full fencing for privacy, an on-demand hot water heater, a smart thermostat, and well water with new pumps installed for the sprinkler system, ensuring that the landscapes remain verdant and inviting.
Further enhancing its appeal, community amenities are a stone's throw away with convenient access to downtown Sarasota's bustling scene. Shopping is made easy with nearby markets while culture enthusiasts can revel in close proximity to The John and Mable Ringling Museum of Art. This home provides the best of both worlds-tranquil, spacious living quarters coupled with the buzz and amenities of city life. Located only minutes from SRQ Airport and top-notch shopping and dining, this home is an extraordinary opportunity that you don't want to miss!
Situated out of the flood zone, this property is a sanctuary offering every modern amenity to tailor a luxurious yet comfortable lifestyle. Discover this rare, mid-century gem in Sarasota, where every day is an invitation to live in an inspiring, tranquil escape surrounded by the best of nature and urban conveniences. From the bay, walk along the coastline and enjoy the cool calm mornings or beautiful Florida sunsets.
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Relisted | $600,000 | |
| Relisted | |||
| Jun 4, 2025 | Price Decreased |
$550,000
↓ $50K
(8.3%) | |
| Price Decreased | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017