13
Map
3461 CYCLONE DRIVE
About This Property
Whether you build the approved modern design or bring your own vision, construction can begin almost immediately. Living on Pine Island puts white-sand beaches and the newly renovated Pine Island Park just a short walk away, with Bayport Pier and public boat ramps minutes from your door. You'll also enjoy the world-famous crystal-clear Weeki Wachee River (home to manatees), the iconic mermaid show, and Buccaneer Bay Water Park. Best of all, residents have the option of a private community boat ramp right on the island for just $40 per year. What more could you ask for?
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 24, 2025 | Listed by LAGOON HOME REALTY | $295,000 | |
| Listed by LAGOON HOME REALTY | |||
| Sep 21, 2023 | No longer available | - | |
| No longer available | |||
| Jul 9, 2023 | Price Decreased |
$395,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Mar 19, 2023 | Listed by Southern Coast to Country Realty, Inc. | $425,000 | |
| Listed by Southern Coast to Country Realty, Inc. | |||
| | |||
|
This is truly a rare opportunity to own property in paradise! Located at this extraordinary small island community of Pine Island in the Weeki Wachee area of west central Florida, this outstanding lot has an unobstructed westerly view of the Gulf of Mexico. The amazing sunset and sunrise views from Pine Island change daily and provide food for the soul. You'll be surrounded by an abundance of nature and wildlife viewing opportunities here, and you'll be in awe of the sunset views that will be visible from the privacy of your home. The lot has already been well prepared for construction. Over 500 yards of clean fill was leveled onto the lot to provide good drainage, and trees were selectively removed to provide ample room for your island home . Remaining vacant lots on Pine Island are almost non-existent, and this one has one of the very best views on the island! Just a few blocks from this awesome lot, at the end of Pine Island Drive is a public beach park with impressive amenities. Bayport Pier and Park with public boat ramps and outstanding picnic facilities is nearby, as is the world famous Weeki Wachee Springs Mermaid attraction and Buccaneer Bay Water Park. Three other waterfront parks are located nearby, including Roger's Park on the Weeki Wachee River, where you can swim or kayak in clear spring water while you experience close-up views of manatee and other wildlife that reside on the Adventure Coast. Seller will consider making a complete set of architectural drawings available for viewing by prospective buyers. If you love the beach, wildlife, and stunning scenery, don't miss an opportunity to check out this lot while it's still available.
| |||
| Mar 11, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017