Welcome to outstanding waterfront living in MiraBay with this
beautifully appointed and updated boater's escape. Designed
primarily for one-level living, the home is embraced by tranquil
water views at every turn. Spectacular outdoor living and
entertaining center around a screen-enclosed, heated saltwater pool
and spa, outdoor kitchen with bar-top dining, outdoor fireplace,
covered entertaining area and automated patio awning for additional
shade. A private, full-service dock features a 20,000-lb. boat
lift, creating an exceptional setting for enjoying life on the
water. The impressive kitchen offers dual quartz islands and GE
Cafe appliances, including wine refrigeration, within an open,
light-filled plan featuring a breakfast area and living room
overlooking the water. A formal dining room is highlighted by a
dramatic statement wine wall, while thoughtfully selected lighting
adds character throughout. The first-level primary suite is a
private sanctuary with sweeping water views, lanai access and an
expansive closet and dressing room. The spa-inspired primary bath
features a deep jetted tub and separate glass-enclosed shower.
Additional first-level spaces include a private office, two
secondary bedrooms and full baths. Upstairs, a versatile flex space
with bath and water views is ideal for guests, media or bonus-room
use. The current owners have made significant lifestyle and
peace-of-mind improvements, including a whole-home generator,
impact-rated windows and doors, an automated outdoor awning,
extensive indoor and outdoor kitchen updates, and statement
lighting. Additional features include a 2022 roof, two 2022 HVAC
systems, and a 2022 boat lift with power pedestal and water
service. MiraBay residents enjoy the Club & Spa, fitness center,
spa services, resort-style pool with waterslide, splash pad,
tennis, parks, playgrounds, community dock and storage options.
Ideally located in Apollo Beach with convenient access to shopping,
dining and the greater Tampa Bay area, including Tampa, St.
Petersburg and Sarasota.
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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