429 FLAMINGO DRIVE
About This Property
Inside, this home is an inviting retreat, featuring bright, spacious living areas and high ceilings that create a sense of openness. The main living area flows seamlessly to the outdoors through triple 8-foot sliders, framing captivating water views. Both the Owner's suite and a generous office/den also feature French doors leading to the lanai, where a screened area and deck provide the perfect setting for entertaining or quiet relaxation. The backyard offers plenty of room for a custom pool, should you desire to further enhance your private outdoor oasis.
The gourmet kitchen serves as the heart of the home, with high-end stainless appliances, rich granite countertops, and an expansive 10-foot island ideal for culinary gatherings. It's a perfect space to cook, dine, and share in the company of loved ones. The Owner's suite is a retreat unto itself, with panoramic canal views and a luxurious ensuite complete with an oversized shower and a freestanding clawfoot tub for ultimate relaxation.
Notably, this home has proven its resilience, remaining unaffected by recent hurricanes and standing as one of the few properties in the area that experienced no water intrusion, offering added peace of mind in this serene setting.
Modern updates add to the home's comfort and efficiency, including a durable metal roof (2016), an upgraded HVAC system (2018), and an energy-efficient tankless gas water heater. With no HOA or CDD fees, you'll enjoy unrestricted ownership near the Apollo Beach Nature Preserve, parks, and top dining, all while being a short drive from Tampa, Sarasota, St. Pete, MacDill AFB, and the coast.
Embrace a refined waterfront lifestyle with this uniquely resilient, thoughtfully appointed home, ideal for those ready to make every day a coastal retreat.
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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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Price Decreased |
$550,000
↓ $50K
(8.3%) | |
| Price Decreased | |||
| Mar 4, 2025 | Relisted | $600,000 | |
| Relisted | |||
| Feb 24, 2025 | No longer available | - | |
| No longer available | |||
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About Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017