383 MEDIO Drive
About This Property
The family room showcases a built-in entertainment center complete with open shelving and lower cabinetry. Glass sliding doors open to the covered, screened lanai & pool, overlooking the preserve for added privacy.
The kitchen is complete with 42'' uppers, granite countertops, a gas cooktop, a wine cooler, a coffee bar, and an oversized island with breakfast bar seating. You'll find a custom walk-in pantry with lower cabinetry and wood shelving to keep everything organized.
A sunny breakfast nook just off the kitchen overlooks the pool and the family room,
perfect for relaxed dining.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by EXP REALTY LLC | $899,800 | |
| Listed by EXP REALTY LLC | |||
| Jul 17, 2026 | Listed by EXP REALTY LLC | $899,800 | |
| Listed by EXP REALTY LLC | |||
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This is the Palencia pool home you've been waiting for. Situated on a private preserve lot, this spacious Sanibel Bonus plan offers an ideal open layout with 3,879 square feet of living space. Complete with a dedicated study, a flex space, and an upstairs bonus room, there's a space for everyone to relax and unwind.
The family room showcases a built-in entertainment center complete with open shelving and lower cabinetry. Glass sliding doors open to the covered, screened lanai & pool, overlooking the preserve for added privacy.
The kitchen is complete with 42'' uppers, granite countertops, a gas cooktop, a wine cooler, a coffee bar, and an oversized island with breakfast bar seating. You'll find a custom walk-in pantry with lower cabinetry and wood shelving to keep everything organized.
A sunny breakfast nook just off the kitchen overlooks the pool and the family room,
perfect for relaxed dining. The kitchen is complete with 42'' uppers, granite countertops, a gas cooktop, a wine cooler, a coffee bar, and an oversized island with breakfast bar seating. You'll find a custom walk-in pantry with lower cabinetry and wood shelving to keep everything organized. A sunny breakfast nook just off the kitchen overlooks the pool and the family room, perfect for relaxed dining.
The spacious primary suite offers an oversized custom walk-in closet, and the ensuite bath features split vanities, a walk-in shower, a garden tub, and a linen closet.
Upstairs you'll find an expansive bonus room that overlooks the preserve, complete with a full ensuite bath and walk-in closet -- perfect for a guest suite, game or media room.
The walk-in laundry room is complete with a Whirlpool washer & dryer set, a soaking sink, and upper & lower cabinetry. A built-in drop zone leads out to a 3-car garage and an oversized paver driveway with plenty of room for parking.
The heated saltwater pool was completed in 2024 and features a sun shelf for lounging & ambient lighting. The screened enclosure allows for year-round outdoor enjoyment, and the summer kitchen makes outdoor entertaining effortless with a Blaze grill and a stainless beverage center.
Located in the sought-after gated community of Palencia, home to world-class amenities & a championship Arthur Hills-designed golf course. Residents enjoy a fitness center, three community pools, lighted clay tennis courts, pickleball, sports fields, pocket parks, fitness trails, and a boardwalk leading to the Intracoastal.
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| Oct 12, 2023 | Sold | ||
| Sold | |||
| May 28, 2023 | Listed by EXP REALTY LLC | $819,000 | |
| Listed by EXP REALTY LLC | |||
| Nov 25, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017