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454 MACEDONIA DRIVE
About This Property
This Partially Furnished residence features a formal living room, separate dining room, large family room floor plan with vaulted ceilings, plantation shutters, and abundant natural light throughout. Pocketing sliding glass doors seamlessly blend indoor and outdoor living, opening from the formal living room and inviting family room to the expansive lanai and pool area. The breakfast nook showcases an aquarium window that maximizing the canal views.
The spacious kitchen is designed for both everyday living and entertaining, featuring granite countertops, raised-panel cabinetry, tile backsplash, breakfast bar, closet pantry, and stainless steel appliances.
The private primary suite is a relaxing retreat with direct access to the lanai through sliding glass doors, dual walk-in closets, dual vanities, a private water closet with newer toilet, garden tub, and separate walk-in shower. A split-bedroom floor plan provides privacy for family and guests with two additional bedrooms and a full guest bath located on the opposite side of the home.
Outdoor living is truly exceptional with a resurfaced heated pool featuring a water feature and self-cleaning system, a covered lanai, outdoor shower, and panoramic no-see-um screens that maximize the stunning water views. There is also an outdoor seating area with electrical in place for a future hot tub, creating the perfect setting for entertaining or relaxing under the Florida sunshine.
Recent updates include New Interior Paint (2025), New Tile Roof (2023), Resurfaced Pool (2023), New Pool Heater (2024), Paver Driveway and Lanai (2025), Water Softener (2020), and Water Heater (2024), and Complete Hurricane Protection for peace of mind.
The deed restricted waterfront and golf course community of Burnt Store Isles is also conveniently located within close proximity to famous Fishermen's Village, the new Sunseeker Resort, major highways and airports, and just a few minutes to downtown Punta Gorda, where you can enjoy its unique restaurants, shopping, pickle ball, biking, and waterfront activities. Optional membership at the nearby Twin Isles Country Club is also available. This exceptional waterfront residence offers the perfect combination of comfort, and the coveted Florida boating lifestyle.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017