4725 Cove CIRCLE #201
About This Property
Living in this community means you'll have access to a wide range of amenities. The 24-hour man guard gate ensures your security and peace of mind. There are two heated pools, saunas, tennis and pickleball courts, a cardroom, shuffleboard, a small gym, and even pool tables. Additionally, you'll find picnic areas with grills, covered seating, and bathrooms with showers for your convenience. The community also features a on site office and recreational building with a full-time manager and social director, ensuring there is always something fun and engaging happening and all your needs are met.
Beyond the community gates, you'll find yourself in close proximity to all your everyday needs. Groceries, pharmacies, restaurants, shopping, nightlife options, and the beautiful beaches of Madeira.
This unit comes partially furnished, making your move-in process a breeze. And the best part is, the HOA covers all amenities and utilities, including Internet, except for electricity, providing you with a worry-free lifestyle.
Don't miss out on the opportunity to make this Florida dream a reality. Schedule a viewing today and start living the resort-style life you deserve.Sold as is and all measurements and association rules are regs are to be verified by buyer. Mile Stone Inspection is complete and all financials are available upon request.This Building also New Roof 2021 and Painted 2023!!!
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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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | Listed by COLDWELL BANKER REALTY | $249,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| | |||
|
Welcome to this charming 2/2 corner unit in a Waterfront property located in a 55 or older community. Situated on the second floor, this end unit offers the convenience of a carport located right in front of the entrance and an indoor laundry area. As you step inside, you'll be greeted by an open kitchen featuring solid wood cabinetry, a breakfast bar, and a pantry. The kitchen seamlessly flows into the dining and living area, providing breathtaking views of the intercoastal waterways and the canal. The natural lighting from the Florida room and living area enhances the beachy ambiance, offering stunning sunset views. The master bedroom boasts a walk-in closet and a private bathroom that has been updated with granite countertops and a walk-in shower. Just installed Brand New AC unit.The guest bedroom is equally spacious, featuring its own private bathroom and a built-in closet. Living in this vibrant community comes with a plethora of amenities, including 2 heated pools, a full-time social director and management company. The property spans over 40 acres along the intercoastal way of Boca Ceiga Bay, just minutes away from Madeira Beach, shopping centers, drug stores, and a variety of fine dining options. Don't miss the opportunity to experience the relaxed and luxurious lifestyle offered by this corner unit, where every day is filled with stunning waterfront views and the convenience of upscale living in a welcoming community. The community suffered some infrastucture damage to its ammenties and is currently being renovated and will be bigger and better than before, the unit itself suffered no damage. It also comes move in ready so pack your bags your retreat awaits.
| |||
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/23/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$237,000
2 Bed
2 Bath
1040 ft²
|
$205,000
-13.50%
02/05/2026
|
Patricia Hughes
COLDWELL BANKER RESIDENTIAL
| |
|
01/09/2026
|
1 Bed
|
1 Bath
|
815 ft²
|
$199,900
1 Bed
1 Bath
815 ft²
|
$140,000
-29.96%
07/30/2026
|
Caroleanne Vorac
FUTURE HOME REALTY INC
| |
|
11/27/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$190,000
2 Bed
2 Bath
1040 ft²
|
$180,000
-5.26%
01/14/2026
|
Patricia Hughes
COLDWELL BANKER RESIDENTIAL
| |
|
11/06/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$235,000
2 Bed
2 Bath
1040 ft²
|
$205,000
-12.77%
02/12/2026
|
Christina Richardson
REALTY ONE GROUP SUNSHINE
| |
|
11/03/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$240,000
2 Bed
2 Bath
1040 ft²
|
$195,000
-18.75%
05/04/2026
|
Denise Reilly
Coastal Properties Group
| |
|
10/01/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$199,000
2 Bed
2 Bath
1040 ft²
|
$175,000
-12.06%
11/13/2025
|
Caroleanne Vorac
FUTURE HOME REALTY INC
| |
|
09/19/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$175,000
2 Bed
2 Bath
1040 ft²
|
$140,000
-20.00%
12/01/2025
|
Caroleanne Vorac
FUTURE HOME REALTY INC
| |
|
01/30/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$234,900
2 Bed
2 Bath
1040 ft²
|
$230,000
-2.09%
08/28/2025
|
Caroleanne Vorac
FUTURE HOME REALTY INC
| |
|
11/27/2024
|
2 Bed
|
2 Bath
|
1040 ft²
|
$249,000
2 Bed
2 Bath
1040 ft²
|
$240,000
-3.61%
01/23/2025
|
Patricia Hughes
COLDWELL BANKER RESIDENTIAL
| |
|
05/06/2024
|
2 Bed
|
2 Bath
|
1040 ft²
|
$219,000
2 Bed
2 Bath
1040 ft²
|
$200,000
-8.68%
06/28/2024
|
Nancy Lynn Kupres
CENTURY 21 RE CHAMPIONS
| |
|
01/16/2024
|
2 Bed
|
2 Bath
|
1040 ft²
|
$320,000
2 Bed
2 Bath
1040 ft²
|
$315,000
-1.56%
04/15/2024
|
Jocelyn Pedalino
MC HOMES REALTY INC
| |
|
01/08/2024
|
2 Bed
|
2 Bath
|
1040 ft²
|
$275,000
2 Bed
2 Bath
1040 ft²
|
$250,000
-9.09%
03/29/2024
|
Patricia Hughes
COLDWELL BANKER RESIDENTIAL
| |
|
01/04/2024
|
1 Bed
|
1 Bath
|
815 ft²
|
$225,000
1 Bed
1 Bath
815 ft²
|
$205,000
-8.89%
01/30/2024
|
Penny Vierling
REALTY EXECUTIVES ADAMO
| |
|
12/07/2023
|
Studio
|
1 Bath
|
485 ft²
|
$169,000
Studio
1 Bath
485 ft²
|
$138,000
-18.34%
06/03/2024
|
Iryna Lazauskas PA
FUTURE HOME REALTY INC
| |
|
10/25/2023
|
2 Bed
|
2 Bath
|
1040 ft²
|
$349,900
2 Bed
2 Bath
1040 ft²
|
$332,000
-5.12%
03/12/2024
|
Nancy Lynn Kupres
CENTURY 21 RE CHAMPIONS
| |
|
09/14/2023
|
1 Bed
|
1 Bath
|
815 ft²
|
$225,000
1 Bed
1 Bath
815 ft²
|
$210,000
-6.67%
12/18/2023
|
David Christ, Sr
GULF BEACH REALTY INC
| |
|
08/04/2023
|
2 Bed
|
2 Bath
|
1040 ft²
|
$284,000
2 Bed
2 Bath
1040 ft²
|
$208,000
-26.76%
06/25/2024
|
Nancy Lynn Kupres
CENTURY 21 RE CHAMPIONS
| |
|
08/02/2023
|
1 Bed
|
1 Bath
|
815 ft²
|
$210,000
1 Bed
1 Bath
815 ft²
|
$168,000
-20.00%
10/17/2023
|
Denise Cornwell
COLDWELL BANKER REALTY
| |
|
07/22/2023
|
2 Bed
|
2 Bath
|
1040 ft²
|
$279,000
2 Bed
2 Bath
1040 ft²
|
$260,000
-6.81%
12/13/2023
|
Fran Bartlett
REALTY CONCEPTS OF PINELLAS
| |
|
07/20/2023
|
2 Bed
|
2 Bath
|
1040 ft²
|
$274,000
2 Bed
2 Bath
1040 ft²
|
$190,000
-30.66%
10/10/2023
|
Patricia Hughes
COLDWELL BANKER RESIDENTIAL
| |
|
07/14/2023
|
2 Bed
|
2 Bath
|
1040 ft²
|
$335,000
2 Bed
2 Bath
1040 ft²
|
$335,000
09/01/2023
|
Caroleanne Vorac
FUTURE HOME REALTY INC
| |
|
07/13/2023
|
2 Bed
|
2 Bath
|
1045 ft²
|
$379,000
2 Bed
2 Bath
1045 ft²
|
$349,000
-7.92%
02/21/2024
|
Karen Vogel, PA
COASTAL PROPERTIES GROUP
| |
|
05/16/2023
|
2 Bed
|
2 Bath
|
1040 ft²
|
$349,000
2 Bed
2 Bath
1040 ft²
|
-
-
|
Maureen Citarella
REALTY EXECUTIVES ADAMO
| |
|
02/13/2023
|
2 Bed
|
2 Bath
|
1040 ft²
|
$289,900
2 Bed
2 Bath
1040 ft²
|
$275,000
-5.14%
11/15/2023
|
Caroleanne Vorac
FUTURE HOME REALTY INC
| |
|
02/13/2023
|
1 Bed
|
1 Bath
|
815 ft²
|
$249,900
1 Bed
1 Bath
815 ft²
|
-
-
|
Caroleanne Vorac
FUTURE HOME REALTY INC
| |
|
02/09/2023
|
1 Bed
|
1 Bath
|
815 ft²
|
$250,000
1 Bed
1 Bath
815 ft²
|
$210,000
-16.00%
12/22/2023
|
David Christ, Sr
GULF BEACH REALTY INC
| |
|
12/16/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$395,000
2 Bed
2 Bath
1040 ft²
|
-
-
|
Nancy Lynn Kupres
CENTURY 21 RE CHAMPIONS
| |
|
11/17/2022
|
Studio
|
1 Bath
|
485 ft²
|
$185,000
Studio
1 Bath
485 ft²
|
$177,000
-4.32%
12/30/2022
|
Patricia Hughes
COLDWELL BANKER REALTY
| |
|
10/27/2022
|
1 Bed
|
1 Bath
|
815 ft²
|
$259,900
1 Bed
1 Bath
815 ft²
|
$247,500
-4.77%
01/03/2023
|
Bert Morrison
CENTURY 21 RE CHAMPIONS
| |
|
10/15/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$365,000
2 Bed
2 Bath
1040 ft²
|
$365,000
12/16/2022
|
Caroleanne Vorac
FUTURE HOME REALTY INC
| |
|
06/04/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$314,900
2 Bed
2 Bath
1040 ft²
|
$299,000
-5.05%
09/06/2022
|
Karen Irace
RE/MAX 10 in the Park
| |
|
05/11/2022
|
1 Bed
|
1 Bath
|
815 ft²
|
$229,900
1 Bed
1 Bath
815 ft²
|
-
-
|
Tom Steck
CENTURY 21 RE CHAMPIONS
| |
|
03/28/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$318,000
2 Bed
2 Bath
1040 ft²
|
$310,000
-2.52%
07/25/2022
|
Caroleanne Vorac
FUTURE HOME REALTY INC
| |
|
03/16/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$375,000
2 Bed
2 Bath
1040 ft²
|
-
-
|
Amy Ruffner
COLDWELL BANKER RESIDENTIAL
| |
|
02/18/2022
|
1 Bed
|
1 Bath
|
815 ft²
|
$269,900
1 Bed
1 Bath
815 ft²
|
-
-
|
Tom Steck
CENTURY 21 RE CHAMPIONS
| |
|
02/07/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$315,000
2 Bed
2 Bath
1040 ft²
|
$307,000
-2.54%
03/17/2022
|
Nancy Lynn Kupres
CENTURY 21 RE CHAMPIONS
| |
|
01/27/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$299,900
2 Bed
2 Bath
1040 ft²
|
-
-
|
Nancy Lynn Kupres
CENTURY 21 RE CHAMPIONS
| |
|
01/04/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$339,900
2 Bed
2 Bath
1040 ft²
|
$335,000
-1.44%
03/02/2022
|
Kathryn Larkin
CENTURY 21 RE CHAMPIONS
| |
|
11/05/2021
|
1 Bed
|
1 Bath
|
815 ft²
|
$199,000
1 Bed
1 Bath
815 ft²
|
$191,000
-4.02%
12/21/2021
|
Nancy Lynn Kupres
CENTURY 21 RE CHAMPIONS
| |
|
11/02/2021
|
2 Bed
|
2 Bath
|
1040 ft²
|
$299,000
2 Bed
2 Bath
1040 ft²
|
$299,000
11/16/2021
|
Nancy Lynn Kupres
CENTURY 21 RE CHAMPIONS
| |
|
07/22/2021
|
2 Bed
|
2 Bath
|
1040 ft²
|
$289,900
2 Bed
2 Bath
1040 ft²
|
$285,000
-1.69%
09/13/2021
|
Nancy Lynn Kupres
CENTURY 21 RE CHAMPIONS
| |
|
07/18/2021
|
1 Bed
|
1 Bath
|
815 ft²
|
$189,000
1 Bed
1 Bath
815 ft²
|
$185,000
-2.12%
11/28/2021
|
Ralph Harvey
LISTWITHFREEDOM.COM
| |
|
06/06/2021
|
Studio
|
1 Bath
|
485 ft²
|
$139,000
Studio
1 Bath
485 ft²
|
$125,000
-10.07%
07/13/2021
|
Davis Brooks
KELLER WILLIAMS ST PETE REALTY
| |
|
02/10/2021
|
1 Bed
|
1 Bath
|
800 ft²
|
$179,900
1 Bed
1 Bath
800 ft²
|
$178,900
-0.56%
04/19/2021
|
Janet Brooks
SUN BEACH PROPERTIES
| |
|
11/09/2020
|
2 Bed
|
2 Bath
|
1040 ft²
|
$199,000
2 Bed
2 Bath
1040 ft²
|
$180,000
-9.55%
04/06/2021
|
Nancy Lynn Kupres
| |
|
09/09/2020
|
2 Bed
|
2 Bath
|
1040 ft²
|
$233,900
2 Bed
2 Bath
1040 ft²
|
-
-
|
Deborah Campbell
SUN BEACH PROPERTIES
| |
|
06/15/2020
|
1 Bed
|
1 Bath
|
800 ft²
|
$167,900
1 Bed
1 Bath
800 ft²
|
$152,000
-9.47%
02/12/2021
|
Caroleanne Vorac
| |
|
05/07/2020
|
1 Bed
|
1 Bath
|
800 ft²
|
$165,000
1 Bed
1 Bath
800 ft²
|
-
-
|
Kelley Aderhold
FUTURE HOME REALTY INC
| |
|
03/06/2020
|
2 Bed
|
2 Bath
|
1040 ft²
|
$282,500
2 Bed
2 Bath
1040 ft²
|
-
-
|
-
| |
|
07/17/2019
|
Studio
|
1 Bath
|
485 ft²
|
$103,000
Studio
1 Bath
485 ft²
|
-
-
|
-
| |
|
01/10/2019
|
2 Bed
|
2 Bath
|
1040 ft²
|
$239,000
2 Bed
2 Bath
1040 ft²
|
-
-
|
-
| |
|
03/11/2019
|
2 Bed
|
2 Bath
|
1040 ft²
|
$173,000
2 Bed
2 Bath
1040 ft²
|
-
06/18/2019
|
Caroleanne Vorac
| |
|
01/18/2019
|
Studio
|
1 Bath
|
485 ft²
|
$100,000
Studio
1 Bath
485 ft²
|
-
-
|
-
| |
|
11/26/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$185,000
2 Bed
2 Bath
1040 ft²
|
-
-
|
-
| |
|
11/16/2018
|
1 Bed
|
1 Bath
|
800 ft²
|
$147,900
1 Bed
1 Bath
800 ft²
|
-
-
|
Vollie Riskin
CENTURY 21 RE CHAMPIONS
| |
|
06/08/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$249,900
2 Bed
2 Bath
1040 ft²
|
$233,000
-6.76%
03/11/2019
|
Caroleanne Vorac
FUTURE HOME REALTY INC
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017