45 GULFWINDS DRIVE W
About This Property
Step inside through the leaded-glass front door to discover soaring vaulted ceilings, abundant natural light, and an open-concept layout designed for both everyday living and entertaining. The sun-filled great room features an impact-rated skylight and oversized windows that frame serene backyard preserve views, creating a bright and airy atmosphere throughout.
The well-appointed kitchen overlooks the heart of the home and includes a breakfast bar for casual dining, matching white appliances, ample cabinetry, a transom window, and a convenient hallway pantry. Neutral tones and a thoughtful layout provide a timeless backdrop ready for your personal touch.
A split-bedroom floor plan ensures privacy in the primary suite, which offers vaulted ceilings, a large window, dual closets, and an ensuite bath with an extended vanity, oversized shower, and linen closet. A versatile dining area can easily double as a home office, library, or reading nook.
Two additional bedrooms at the front of the home feature high ceilings, generous closets, and decorative alcove shelving with electrical outlets. A second full bath with a tub/shower combination and glass block accent window serves the guest bedrooms.
Additional conveniences include an indoor laundry room with washer, dryer, and extra cabinetry, located just off the garage entry. Outdoor living is a pleasure on the covered, screened patio, where you can unwind while enjoying peaceful preserve views.
Notable upgrades include hurricane shutters throughout, a newer roof (2019), hurricane-rated garage door, French drains, and an impact-rated skylight. The home sits at an 11-foot elevation and did not sustain damage during the last storm season, offering exceptional peace of mind
Baywood Village features an optional $75 annual HOA, with an additional $120 per year granting exclusive access to the private community boat ramp, providing direct Gulf access for boating or kayaking. This golf cart–friendly neighborhood is just minutes from downtown Tarpon Springs, renowned for award-winning restaurants, festivals, farmers markets, Fred Howard Park, the Pinellas Trail, the historic Sponge Docks, and beautiful Gulf beaches.
Don't miss the opportunity to own this move-in-ready home in one of Palm Harbor's most desirable coastal communities. Flood insurance is assumable at $1200 a year
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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 |
|---|---|---|---|
| Apr 8, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Feb 18, 2026 | Relisted | $399,000 | |
| Relisted | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Price Decreased |
$399,000
↓ $16K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017