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35 WILHELM DRIVE
About This Property
Nestled along the Gulf of Mexico, this prime beachfront property combines privacy, serenity, and natural beauty while still being conveniently close to everything that makes Manasota Key and Englewood Beach so desirable. Enjoy miles of unspoiled shoreline ideal for shelling, shark tooth hunting, paddleboarding, kayaking, boating, fishing, and endless beach walks. Dolphins and manatees are frequent visitors, creating a truly unforgettable coastal lifestyle.
Located just minutes from Englewood Beach, you'll discover a charming blend of waterfront restaurants, lively beach bars, boutique shopping, marinas, live entertainment, and laid-back island atmosphere. Manasota Key is celebrated for its relaxed coastal character, scenic beauty, and old Florida charm, offering a peaceful escape from crowded resort areas while still providing easy access to Venice, Boca Grande, Sarasota, and Punta Gorda.
Whether you envision a luxury modern beach estate, an elegant coastal cottage, or a private vacation getaway, opportunities like this are increasingly rare. Build your dream home where every day feels like a vacation and every sunset is your own private masterpiece.
Paradise begins here on Manasota Key.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017