4162 PARRY DRIVE
About This Property
This 1,615 sq ft under air (2,322 total sq ft) residence has been thoughtfully updated from top to bottom. Major improvements include a NEW ROOF (2022), NEW HVAC system (2023), and NEW WATER HEATER (2025), providing peace of mind for years to come. The home is also not located in a flood zone.
Inside, you'll find a completely updated kitchen with quartz countertops, stainless steel appliances, and luxury vinyl plank flooring throughout. A bonus flex room offers the perfect space for a home office, den, playroom, or additional living area. The primary suite features a walk-in closet system and a custom extended shower, creating a comfortable and functional retreat.
Additional upgrades include new blinds, added irrigation, rain gutters, and special landscape and outdoor lighting. The backyard is designed for Florida living, featuring a large screened porch and a custom outdoor kitchen with a 36-inch grill, perfect for entertaining. The fully fenced yard offers room to add a pool, making it ideal for kids, pets, or gatherings. A custom outdoor dog washing station adds everyday convenience.
The 2-car garage has been enhanced with a new garage door opener, custom cabinetry, and shoe storage, providing excellent organization and functionality.
Ideally located, this home is a short drive to major shopping and dining at UTC and Waterside at Lakewood Ranch, as well as downtown Sarasota, St. Armands Circle, and world-renowned beaches including Siesta Key Beach and Lido Beach. Enjoy easy access to additional top beaches throughout Southwest Florida.
The property is also conveniently located near top-rated Sarasota County schools, further enhancing its appeal for families and long-term homeowners.
With NO HOA, no rental restrictions, and strong upgrades throughout, this property presents an excellent opportunity as a primary residence, second home, or investment property including Airbnb or VRBO use.
Listed by Ryan Sherman with Palm Paradise Realty Group, call or text today for a private showing.
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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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Listed by PALM PARADISE REALTY GROUP | $535,000 | |
| Listed by PALM PARADISE REALTY GROUP | |||
| Mar 21, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by PALM PARADISE REALTY GROUP | $475,000 | |
| Listed by PALM PARADISE REALTY GROUP | |||
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About Lake Sarasota
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017