4738 DUNDEE DRIVE
About This Property
Beautifully updated and meticulously maintained, this 3-bedroom, 2-bath home is located in the desirable Highland Lakes community. Situated on a quiet cul-de-sac with a spacious side and backyard, this single-owner residence reflects pride of ownership and thoughtful upgrades throughout.
The open, light-filled floor plan features high ceilings and a seamless flow between the living, dining, and screened lanai. At the heart of the home is the newly renovated kitchen with modern finishes and all-new appliances, complemented by an updated bar complete with a wine refrigerator in the living room-perfect for entertaining. New lighting, updated ceiling fans, and new sliding glass doors create a fresh, contemporary feel throughout.
The spacious primary suite offers a walk-in closet, dual vanities, and a walk-in shower. Both bathrooms have been refreshed with new vanities and mirrors. The refreshed screened lanai, accessible from both the living room and the primary suite, extends the living space and provides the perfect setting for morning coffee, casual dining, or relaxing with friends.
Additional features include an attached garage, a new washer and dryer, an irrigation system, and mature landscaping.
Residents of Highland Lakes enjoy low HOA fees that include cable, internet, lawn maintenance, a community pool, and clubhouse. Conveniently located near IMG Academy, Gulf beaches, shopping, dining, and everyday conveniences, this move-in-ready home also offers the added benefit of no flood insurance required.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2026 | Price Increased |
$405,000
↑ $45K
(12.5%) | |
| Price Increased | |||
| Apr 3, 2026 | Listed by MICHAEL SAUNDERS & COMPANY | $360,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
| Sep 26, 2025 | Price Decreased |
$370,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Jul 28, 2025 | Price Decreased |
$390,000
↓ $29K
(6.9%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed | $419,000 | |
| Listed | |||
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Nestled on a quiet cul-de-sac in the desirable Highland Lakes community, this well-maintained home offers low-maintenance Florida living with incredible amenities. This 2-bedroom home HAS A 3RD EXTRA ROOM WITH A SPACIOUS WALK-IN CLOSET. The spacious primary suite features dual sinks and a walk-in shower. Enjoy a formal dining area, an enclosed screened porch—perfect for relaxing or barbecuing all year long. The washer and dryer are in the garage but can be relocated inside if desired (hookups are ready). Quarterly fees include your lawn maintenance, fertilization, bi-annual tree trimming and irrigation, cable, internet, and pool/clubhouse maintenance. ONLY 6 MILES TO THE BEACH, HOSPITALS, STORES, RESTAURANTS & THE RENOWNED IMG SPORTS ACADEMY. NOT IN FLOOD ZONE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017