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4708 SWEETMEADOW CIRCLE
About This Property
A grand circular driveway and oversized three-car garage welcome you to this impressive home. Inside, you'll find spacious living areas designed for comfort and entertaining. The oversized kitchen opens to a generous family room, creating the perfect gathering place for family and friends. A separate formal living room, private office, and two gas fireplaces add warmth and character, while the flexible floor plan provides plenty of room for everyone's needs. A whole-house generator offers additional convenience and peace of mind.
One of the home's most exceptional features is the expansive 30' x 29' PRIVATE IN-LAW SUITE, complete with its own kitchenette, full bathroom, generous closet space, and a professionally constructed reinforced concrete safe room. This remarkable space offers endless possibilities for extended family, visiting guests, a private retreat, fitness studio, or media room. With five bedrooms and five full bathrooms, including several bedrooms with en-suite accommodations, this home is especially well suited for multi-generational living or anyone looking for additional space and privacy.
Step outside to your own private tropical retreat, featuring a sparkling saltwater pool and spa, resurfaced in 2023. Surrounded by lush, mature landscaping, this peaceful backyard is the perfect place to relax, entertain, and enjoy Florida living year-round.
Turtle Rock is one of Palmer Ranch's most desirable gated communities, known for its beautiful tree-lined streets, scenic lakes, natural preserves, and beautifully maintained surroundings. Residents enjoy a 24-hour staffed guard gate, community swimming pool, pickleball courts, basketball court, reclaimed irrigation, and natural gas service.
The location is simply outstanding! Situated in the heart of Palmer Ranch, Turtle Rock is conveniently located near the scenic Legacy Bike Trail, YMCA, Costco, and the exciting transformation of the former Sarasota Square Mall. Wonderful shopping, restaurants, golf courses, and medical facilities are all nearby, along with the world-famous Siesta Key Beach and vibrant Downtown Sarasota.
With its exceptional space, privacy, and endless possibilities, this is a wonderful opportunity to bring your personal vision and create the Florida home you've always dreamed of!
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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 |
|---|---|---|---|
| Oct 6, 2026 | Relisted | $795,000 | |
| Relisted | |||
| Aug 9, 2026 | In contract | - | |
| In contract | |||
| Jul 18, 2026 | Listed by SARASELLSSARASOTA.COM | $795,000 | |
| Listed by SARASELLSSARASOTA.COM | |||
| Feb 17, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017