Welcome to one of the most breathtaking waterfront settings in
Turtle Rock, where spectacular panoramic lake views create a
peaceful retreat, you will enjoy every day. Perfectly positioned to
capture the community's finest vistas, this charming three-bedroom,
two-bath residence overlooks a large tranquil lake and protected
nature preserve, where birds and native wildlife provide an
ever-changing backdrop of natural beauty. This home is
waiting for the next owners personal updating. Designed for
comfortable Florida living, the open floor plan features diagonal
ceramic tile flooring, architectural details throughout, and walls
of sliding glass doors that seamlessly connect the indoor living
spaces to the expansive lanai. Wonderful upgrades on the outside
including a recently rescreened cage enhanced with UV screening and
a new roof. The outdoor living area is the perfect place to relax,
entertain, or simply soak in the serene water views. The original
kitchen and baths have great layouts and waiting for the personal
remodel ideas from the next owner. The inviting family room
is highlighted by a striking natural coral stone fireplace that
adds warmth and character. The spacious primary suite offers
a private retreat with his-and-her closets, dual vanities, a
glass-enclosed shower, and a luxurious soaking tub. Numerous
recent improvements provide exceptional value and peace of mind,
including, NEW air-conditioning system, NEW washer and dryer,
generator, and re-plumbing (approximately 2007). Located within the
highly sought-after Turtle Rock community, residents enjoy more
than 300 acres of scenic lakes and nature preserves, along with
outstanding amenities including a heated community pool, tennis
courts, and direct access to the Legacy Trail for miles of biking
and walking. Just minutes from world-renowned Siesta Key Beach,
exceptional shopping, dining, and everyday conveniences, this home
offers the perfect combination of natural beauty, thoughtful
updates, and an unbeatable Sarasota lifestyle. Experience one
of Turtle Rock's most extraordinary lakefront locations today.
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.
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