3605 AVENIDA MADERA #A
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2026 | Sold | ||
| Sold | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Dec 7, 2025 | Listed by WHITE SANDS REALTY GROUP FL | $489,000 | |
| Listed by WHITE SANDS REALTY GROUP FL | |||
| Apr 4, 2023 | Sold | ||
| Sold | |||
| Mar 10, 2023 | Listed by COLDWELL BANKER REALTY | $515,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Golf course view near the Gulf of Mexico! Live like you're on vacation in a former vacation home of the tennis legend, Nick Bollettieri. Some of Florida's best beaches to your west, and a wide array of restaurants and shopping to keep you busy when you're not relaxing this spacious 3 bedroom, 2 bathroom villa. If you like what you see, the furniture can be purchased separately, so you simply move in with ease. The pristine curb appeal is complemented by a newer roof and updated paver front patio. Upon entry you will love the soaring vaulted ceilings and tropical vibe. The open floorplan is perfect for entertaining, especially with the built-in wet bar and beautiful fireplace. The chef in the household will appreciate the spacious kitchen with ample cabinet space, stone countertops, breakfast nook and a ship lap ceiling. Enjoy gazing at the 4th fairway of the IMG golf course from the many windows of your sprawling Florida room. So many designer features throughout, including bamboo floors, plantation shutters, paddle fan, skylight windows and more. The owner’s suite has an en-suite bath with dual sinks and a separate shower and garden tub. The second bedroom also includes an en-suite bath. The oversized 2 car garage protects your transportation and offers extra storage. Outdoor and sports enthusiasts can experience nearby Robinson's Preserve, 3 miles of hiking + kayak rentals, DeSoto National Park, G.T. Bray Park includes tennis, gym, swimming & other sports, Perico Preserve Park, Bishop Point Park and only minutes to Anna Maria Island for sandy Gulf beaches. You'll have plenty of fun in the sun and outdoor activities available at this location. Within an easy reach to medical facilities and the Sarasota/Bradenton International Airport. Just a 30-45 minute drive to the Tampa/St. Pete Metro Area. Pet friendly community, makes a great second home, rental property or primary residence. Treat yourself to resort living, schedule a visit today, as this won't last long.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/07/2025
|
3 Bed
|
2 Bath
|
2202 ft²
|
$489,000
3 Bed
2 Bath
2202 ft²
|
$475,000
-2.86%
03/18/2026
|
Jason Suedhof
WHITE SANDS REALTY GROUP FL
| |
|
03/10/2023
|
3 Bed
|
2 Bath
|
2202 ft²
|
$515,000
3 Bed
2 Bath
2202 ft²
|
$525,000
+1.94%
04/04/2023
|
Marcia Frost
COLDWELL BANKER REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017