4607 MOUNT VERNON DRIVE #4607
About This Property
Mount Vernon is a premier 55+ waterfront community known for its active lifestyle, friendly neighbors, and unmatched location. Spanning 86 acres of lush landscaping and preserve areas, residents enjoy a heated pool, tennis courts, shuffleboard, walking paths, and direct access to Sarasota Bay for boating and kayaking. The large clubhouse hosts over 20 social clubs and activities, making it easy to connect and stay engaged.
Located just 5 minutes to the pristine beaches of Anna Maria Island and Longboat Key, you are also close to shopping, dining, golf, and the arts and culture of Bradenton and downtown Sarasota. Three international airports are within easy reach, making this an ideal full-time residence or seasonal retreat.
Live the Gulf Coast lifestyle you have been dreaming of schedule your private tour today!
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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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by MICHAEL SAUNDERS & COMPANY | $259,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/20/2025
|
2 Bed
|
2 Bath
|
1295 ft²
|
$259,000
2 Bed
2 Bath
1295 ft²
|
$243,000
-6.18%
09/19/2025
|
Jeff Jordan
MICHAEL SAUNDERS & COMPANY
|
Building Info
About Cortez
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017