BOATERS, TAKE NOTE! This exceptional waterfront residence in The
Inlets offers a rare opportunity to accommodate a vessel up to
25,000 pounds and 40 feet in length along a wide freshwater canal
designed for an unparalleled boating lifestyle. Protected from
storm surge and offering direct access to the Manatee River,
Sarasota Bay, the Gulf and beyond, this is waterfront living at its
finest. Included with the home is a portable 8KW Generac generator
installed to the breaker box for a peace of mind. Also included
with the home is a permanently mounted 6,600-pound HydroHoist boat
lift, with water and electric at the dock, that makes getting out
on the water convenient and effortless. Set within the boating
community of The Inlets, this 2347 square foot remodeled 3-bedroom,
2.5-bath home also features a versatile den/office and offers a
seamless blend of comfort, style, and indoor-outdoor living. A 2021
roof, 10-foot ceilings, remodeled kitchen & bathrooms, fenced
backyard, and landscaping that is meticulously cared for -
including fruit trees, are just some of the wonderful highlights.
The open interior is filled with natural light and peaceful water
views, while the remodeled kitchen is equipped with quartz
countertops, natural gas cooking, stainless steel appliances, and
abundant cabinetry and storage. The home was designed to embrace
Florida's outdoor lifestyle. The screened lanai features a tiki
bar, an included natural gas grill and ample room for entertaining,
while the private pool provides the perfect place to unwind after a
day on the water. The spacious owner's suite offers a relaxing
retreat with a remodeled spa-inspired bath, dual vanities, large
walk-in shower, and garden tub. The Inlets adds even more to the
experience with charming gas street lights, tennis courts, a
playground, walking trails, observation pier, and kayak launch.
With no CDD fees and low HOA fees, this waterfront community offers
an appealing combination of amenities and value. Located just two
miles from I-75, the home provides convenient access to UTC's
upscale shopping and dining, area beaches, Sarasota and Bradenton,
major airports, and the Gulf Coast's many attractions. Whether
you're heading out for a day of boating, fishing, or exploring the
Gulf, or simply enjoying the water from your own backyard, this
property delivers the boating lifestyle you've been waiting for.
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.
Interior Features: Ceiling Fan(s), High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Split Bedroom
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
Legal Description 1:
LOT 410 RIVERDALE REV; TOGETHER WITH A PORTION OF THAT CERTAIN PARCEL OF LAND REFERRED TO IN ADM DET 94-98 AND DESC IN VACATION OF CANAL (R-94-33V) REC IN O.R. 1428 PGS. 86-89
Neighborhood
School District Name:
Manatee County School District
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