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36 MACAW DRIVE
About This Property
Located on a quiet street with paved road access, this property is ideal for building your future home or securing a solid investment in an expanding area. The neighborhood continues to attract new development, offering strong potential for long-term appreciation.
Enjoy convenient access to Gasparilla Rd, providing easy connectivity to Boca Grande, Englewood Beach, golf courses, marinas, shopping, and dining. Experience the perfect balance of peaceful surroundings and nearby amenities.
Don't miss this chance to invest in Southwest Florida land!
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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 |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | Listed by DTB FLORIDA REALTY, INC. | $36,000 | |
| Listed by DTB FLORIDA REALTY, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017