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5061 LIVE OAK CIRCLE
About This Property
Located just steps from the community clubhouse with a heated pool, shuffleboard, billiards, library, and planned social activities, plus a scenic pond for fishing. The well maintained community features beautifully landscaped grounds and a quiet residential feel.
Situated in Flood Zone X and just minutes to Anna Maria Island and the Gulf beaches, with convenient access to shopping, dining, and medical facilities. A fantastic opportunity and excellent value in today's market.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$167,000
↓ $5K
(2.9%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$172,000
↓ $5K
(2.8%) | |
| Price Decreased | |||
| Apr 7, 2026 | Price Decreased |
$177,000
↓ $8K
(4.3%) | |
| Price Decreased | |||
| Mar 5, 2026 | Listed by THE KEYES COMPANY - SARASOTA | $185,000 | |
| Listed by THE KEYES COMPANY - SARASOTA | |||
| Jan 23, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017