3406 FALCON PLACE
About This Property
A gated paver courtyard creates an inviting first impression and a private outdoor living space that's perfect for morning coffee, evening gatherings, or simply enjoying Florida's year-round climate. Just steps away, the community pool and spa provide the perfect place to relax without the maintenance of a private pool. Inside, the home has been tastefully remodeled with an emphasis on both style and functionality. The kitchen serves as the centerpiece of the home, featuring custom wood cabinetry with soft-close drawers, granite countertops, stainless steel appliances, casual seating, and an ideal gathering place.
Vaulted ceilings and expansive hurricane-impact windows fill the great room with natural light while framing lush tropical views. Wood-look porcelain tile flooring flows throughout the primary living spaces, creating a clean, cohesive design that is both elegant and durable. That being said, the home is "Hurricane Ready" upgraded for your comfort and protection.
The Florida room extends the living space and overlooks beautifully landscaped grounds, offering a peaceful setting to read, entertain, or simply enjoy the surrounding greenery. Beyond, a private patio creates another inviting outdoor retreat.
The flexible third bedroom easily adapts to your lifestyle, serving equally well as a guest suite, home office, media room, or creative space. The spacious primary suite offers direct access to the Florida room and features a beautifully remodeled bath with quality finishes designed for everyday comfort.
Wild Oak Bay remains one of the area's best-kept secrets. Private roads meander beneath a canopy of majestic live oaks while tropical gardens, tranquil lagoons, and native wildlife create an atmosphere unlike nearly any other community in West Bradenton. Residents regularly enjoy sightings of pelicans, herons, egrets, turtles, dolphins, and the occasional bald eagle, all just moments from the shoreline of Sarasota Bay.
IMG Academy, IMG Golf Club, and State College of Florida are just a couple of minutes away, while Anna Maria Island, Longboat Key, and the cultural attractions, restaurants, and waterfront of downtown Sarasota are all within 12 miles. Shopping, dining, healthcare, SRQ Airport, and everyday conveniences are equally close, making this an ideal primary residence, seasonal retreat, or investment property.
The oversized two-car garage provides exceptional storage, easily accomodating beach gear, bicycles, kayaks, or even a golf cart for trips to the nearby golf club. Wild Oak Bay is also pet friendly and welcomes large dogs, an increasingly rare feature among condominium communities. Investors will appreciate the ability to lease without a waiting period.
Beautifully updated. Exceptionally maintained. Ideally located. This is more than a villa-it's an opportunity to enjoy one of the Gulf Coast's most distinctive communities and a lifestyle that is increasingly difficult to find.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017