428 PELICAN DRIVE S
About This Property
Whether you're looking for a full-time Florida residence, a seasonal retreat, or a comfortable place to enjoy your next chapter, this home offers the space and flexibility to make it your own. The generous room sizes provide plenty of opportunity for comfortable living, entertaining, hobbies, or welcoming visiting family and friends.
The indoor laundry adds everyday convenience, while the peaceful setting toward the back of the community offers a welcome sense of privacy. It's a wonderful opportunity to enjoy the ease of community living without giving up the space you desire.
Located in Oldsmar, Gull-Aire Village offers the appeal of a Florida community with convenient access to shopping, dining, parks, and the many attractions of the Tampa Bay area. Come discover the possibilities at 428 Pelican Drive South and imagine making this spacious home your own. Gull Aire Village is an active community with an amazing line up of social events, community pool, clubhouse, and lots to do!
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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 |
|---|---|---|---|
| Sep 1, 2026 | Listed by CONCI, REALTORS | $249,000 | |
| Listed by CONCI, REALTORS | |||
| Feb 10, 2026 | Listed by BHHS FLORIDA PROPERTIES GROUP | $249,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
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Just listed in the 55+ Gull-Aire Village: This spacious 1993 Jacobsen home offers 1,671 square feet of living space in a quiet setting. Upon entry, you will find a large veranda room featuring a built-in wet bar and custom storage. Abundant windows keep the interior bright, while cathedral ceilings add to the sense of openness. The sizable indoor laundry area includes a built-in counter, making it ideal for hobbies or a home office. There is also an 11x16 screened porch with vinyl windows and a utility room that is perfect for storing bikes or other items. AMS roof-over and skylights installed in 2/ 2012. 4 Ton Goodman heat-pump installed 7 years ago. New Vapor Barrier installed 5/2015. Gull Aire Village provides excellent amenities such as a lively clubhouse, library, pool table, shuffleboard courts, a bocce ball court, and a large, heated pool and spa. Residents can participate in a full calendar of planned activities and enjoy getting around this golf cart-friendly neighborhood. The HOA fee is just $70 per month, offering excellent value. Pet owners are welcome—one pet of any size is allowed, and with an Emotional Support letter from your physician, a second pet is permitted. Best of all, you own the land. Conveniently located, this home is directly across the street from popular spots like AMC Theatres, Beall's, Marshall's, Pet Smart, Dollar Store, Ulta, and numerous restaurants including Craft Street Kitchen, Country Pizza Italian Grill, Shaker and Peel, Chipotle, Mandolas, and Eve’s Family Restaurant. Essential services such as Super Walmart, Publix, and Countryside Hospital are only 15 minutes away, while the beautiful Honeymoon Island and Caladesi State Parks are just around ten miles from your door. Room measurements are approximate; buyers should verify all details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017