Under contract-accepting backup offers. Welcome to your ultimate
waterfront lifestyle in The Inlets at Riverdale, a premier boating
community with direct access to the Gulf. This canal-front home
features a bright, open split floor plan and an array of recent
upgrades. It's being sold turnkey furnished. Ideal for seasonal
rentals with 3 month minimums. You can dock your boat right
in your backyard, with a community boat lift providing seamless
access to the saltwater canal. Outside, relax in the screened lanai
with a gas heated 25'x12' pool featuring dual jets, an outdoor
shower, "no-see-um" protective screening, and an included
standalone hot tub. The built in grill on the patio is attached to
natural gas which means never running out of propane. Inside, the
kitchen offers stainless steel appliances. The washing machine and
gas dryer stay with the home. The owner's suite includes an ensuite
bath with dual sinks, a soaking tub, a separate walk-in shower, and
a large walk-in closet. Key improvements include: HVAC Unit New as
of August 2026, Refrigerator New as of January 2026. Exterior
Painted in 2024, water heater new in 2023 and roof replaced in
2021.
Additional features include a covered Porte-Cochere side entrance
to protect your vehicles, all situated on a quaint cul-de-sac
street with sidewalks and gas-lit lamps. The community provides
tennis and pickleball courts, a playground, a kayak/canoe launch,
and scenic nature trails. Located just minutes from I-75, you will
have easy access to the Bradenton Riverwalk, Gulf beaches, fine
dining, and three major airports. Enjoy low HOA fees with no CDD
fees.
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.
Legal Description 1:
LOT 343 RIVERDALE REV SUB; TOGETHER WITH A PORTION OF THAT CERTAIN PARCEL OF LAND IN VACATION OF CANAL (R-94-33V),OR 1428 PG 86 AND BEING MORE PARTICULARLY DESC AS FOLLOWS: BEG
Neighborhood
School District Name:
Manatee County School District
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