3618 SUMMERWIND CIRCLE
About This Property
Outdoor enthusiasts will especially appreciate being located within approximately two miles of the Palma Sola Causeway, a local favorite for kayaking, paddleboarding, jet skiing, horseback riding along the water, picnics under the pavilions, and launching into some of the area's best coastal adventures. Nearby Robinson Preserve and Neal Preserve offer additional scenic walking trails, wildlife views, and waterfront nature preserves that make this area so special. This location also provides easy access to IMG Academy, multiple golf courses, downtown Bradenton Riverwalk, and nearby Sarasota with its vibrant arts, dining, and entertainment scene. Residents of Palma Sola Trace enjoy a low-maintenance lifestyle with beautifully maintained grounds, a resort-style community pool, clubhouse, fitness center, and playground, creating the perfect blend of relaxation and convenience.
Pool homes in Palma Sola Trace rarely hit the market, making this a unique opportunity to own one of the community's larger and more sought-after properties.
Situated on nearly a quarter-acre, this beautifully maintained two-story, five-bedroom POOL home offers over 3,000 square feet of freshly painted, thoughtfully updated living space. A pavered driveway and walkway lead to a grand two-story entry, opening to an airy, open-concept layout with tile flooring throughout the main living areas. The living room features a tray ceiling and new ceiling fan, while the updated kitchen shines with brand-new appliances, granite countertops, and classic subway tile backsplash. With both an eat-in kitchen and a formal dining area, entertaining is effortless.
The first-floor owner's suite is a true retreat with hardwood floors, tray ceiling, dual walk-in closets, and a spa-inspired ensuite featuring dual vanities, a glass-enclosed shower, soaking tub, and private water closet. A second bedroom on the main level, currently used as an office, offers flexibility for guests or multi-generational living, along with a convenient half bath. Upstairs, three additional bedrooms with new ceiling fans share a full bath.
Outside, sliding glass doors lead to a private screened lanai overlooking an oversized heated saltwater pool and spa, complete with a safety gate and brand-new screen enclosure. Recent upgrades include a new roof, two new AC systems with transferable warranties, and a whole-house reverse osmosis system. Located in a no-flood zone, flood insurance is not required. Combining an unbeatable location, spacious layout, major updates, and access to some of the Gulf Coast's most loved destinations, this home delivers the very best of Florida living.
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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 |
|---|---|---|---|
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Price Decreased |
$735,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Feb 15, 2026 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Jan 8, 2026 | Listed by COLDWELL BANKER REALTY | $775,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Sep 18, 2025 | Price Decreased |
$785,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017