512 FLAME TREE DRIVE
About This Property
Inside, you'll be welcomed by a bright, modern kitchen that's been tastefully renovated with quality finishes and functionality in mind. The home features ceramic wood-look tile flooring, adding a contemporary touch while making maintenance a breeze.
Both the primary and secondary bedrooms are impressively spacious, providing comfortable retreats with room to relax, work, or host. The bathroom has also been beautifully updated with fresh, stylish finishes.
Step outside to enjoy Florida living year-round from the screened-in porch, which overlooks a large, fully fenced-in backyard-perfect for pets, gardening, or entertaining. With no HOA restrictions, you have the freedom to park your RV, boat, or other recreational vehicles right on your property.
Significant upgrades include a 2025 seamless metal roof that comes with a 40-year material warranty and a 10-year workmanship warranty, both of which are transferable. Hurricane-impact resistant windows were installed in 2022, and the entire A/C system was replaced in 2024, complete with duct sanitization and a whole-house air purifier. The system was just serviced in April 2025 to ensure peak performance. A new electric water heater, washer, and dryer were also added in 2024, giving you even more peace of mind. The home was originally a 3-bedroom, and could easily be converted back.
Conveniently located close to Tampa International Airport, major highways, shopping, dining, and some of Florida's best Gulf Coast beaches, this home perfectly balances relaxed living with easy access to everything you need. Don't miss this move-in ready gem in one of Apollo Beach's most desirable neighborhoods!
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| May 24, 2025 | Listed by CHARLES RUTENBERG REALTY INC | $260,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
| Dec 30, 2022 | Sold | ||
| Sold | |||
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About Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017