JUST OFF THE ISLAND Located minutes from the Pristine Beaches of
Anna Maria Island this Amazing home offers: Maintenance Free Living
so you can spend your newfound free time Golfing, Boating or
enjoying the hobby of your choice. NO more yard work is just one
advantage of living in Palma Sola Trace others include: The Resort
Style Pool where you can join Active Seniors in low impact workouts
that include water aerobics, with cardio focused routines like leg
swings and of course flutter kicks on a pool noodle. The Clubhouse
is the perfect multipurpose gathering space offering residents
activities of all kinds including yoga classes, book clubs, dances,
lunches and holiday parties. The nautilus inspired Fitness Center
will get you or keep you in shape and there's even a playground for
kids or grandkids. OK, enough about the neighborhood what about the
home? An Open Floor plan flows effortlessly from the leaded glass
front door to a spacious Great Room where the family will gather to
the Eat-In Kitchen featuring; solid surface counters, trayed
ceiling, Maple cabinets, a Double Oven, classic glass cook top and
even a Butler's Pantry. The spacious dinning area is perfect for
parties with newfound friends or Holidays when family comes to
visit. The Primary Bedroom features a walk in closet and a private
bath with dual sinks, a soaking tub and full size shower. The guest
wing features two bedrooms offering privacy for overnight guests
and a private bath with a tub shower. An air conditioned Sun Room
works perfectly as a Home Office, Craft room, Den for Dad or a
quiet place to read your newest favorite book. There is an inside
laundry room (of course) and a full size garage for cars and toys.
Located 3.5 miles to the Beach means you can enjoy a leisurely
stroll along the shore of the Gulf, find seashell treasures and
watch Spectacular Sunsets nightly and all without the hassle of
troublesome Island traffic! Sarasota International Airport is a
short 15 minute drive so you can commute easily up north for work
or travel anywhere for pleasure. This one offers so much for so
little so Call Today and start home tomorrow.
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.
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