14
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3302 GARDENIA DRIVE
About This Property
When you're ready to explore, you're conveniently close to some of the area's best destinations - Weeki Wachee Springs and Pine Island State Park are nearby for kayaking, swimming, and beach days, while Tampa is easily accessible via the Suncoast Parkway and Orlando via Highway 50 for day trips or weekend getaways. If you've been dreaming of coastal living that feels comfortable, connected, and refreshingly unhurried, this lot is a wonderful place to start.
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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 13, 2026 | Price Decreased |
$140,000
↓ $5K
(3.5%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$145,000
↓ $5K
(3.3%) | |
| Price Decreased | |||
| Feb 2, 2026 | Listed by PREMIERE PROPERTIES | $150,000 | |
| Listed by PREMIERE PROPERTIES | |||
| Mar 7, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Sold | ||
| Sold | |||
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About Hernando Beach
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017