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5344 WISHING ARCH DRIVE
About This Property
Custom touches for an elevated life. Located within the exclusive waterfront community of MiraBay, where comfortable coastal living and modern design come together in one of Apollo Beach's most desirable neighborhoods.
From the moment you step inside, soaring ceilings, open living spaces, and abundant natural light create a warm and inviting atmosphere perfect for everyday living and entertaining alike. Thoughtfully designed with functionality and style in mind, this beautifully upgraded home offers flexible spaces ideal for families, gatherings, and relaxing Florida living.
At the heart of the home is a chef-inspired gourmet kitchen featuring top-of-the-line stainless steel appliances, premium cabinetry, quartz countertops, back splash, gas cooking, designer fixtures, an oversized island, and extensive counter and storage space-making it the perfect place for family meals, hosting friends, or staying connected while cooking.
Upgrades throughout the home include luxury plank tile flooring, upgraded lighting, custom millwork, high ceilings, oversized doors, and custom-made permanent hurricane shutters, offering both beauty and peace of mind.
The spacious owner's suite provides a relaxing private retreat with dual vanities, a extra large walk-in shower with two shower heads (rain shower), and an expansive walk-in closet. Additional living areas and generously sized rooms create flexibility for growing families, guests, home office space, or hobbies.
Step outside to enjoy the large enclosed lanai with custom wood shiplap, ideal for year-round outdoor dining, entertaining, or simply relaxing while enjoying the Florida lifestyle. Situated on an oversized lot, the property offers extra outdoor space for play, pets, gardening, or future possibilities. AI generated pool options depicted in pictures.
Located within the resort-style community of MiraBay, residents enjoy access to outstanding amenities including a clubhouse with fitness center, heated pool with slide, pool side cafe, 4 clay tennis courts, 4 new pickleball courts, 2 basketball courts, playgrounds, parks, walking trails, community events, and a stunning 136-acre lagoon ideal for kayaking, paddle boarding, canoeing, and sailing.
This exceptional waterfront home offers the perfect balance of luxury, recreation, family-friendly living, and the Florida lifestyle so many dream about.
This is more than just a home-it's an opportunity to enjoy space, comfort, and community in one of Apollo Beach's premier waterfront neighborhoods. Walking distance to the clubhouse and amenities.
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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 7, 2026 | Price Decreased |
$549,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$574,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Jun 5, 2026 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| May 11, 2026 | Listed by PREFERRED SHORE LLC | $625,000 | |
| Listed by PREFERRED SHORE LLC | |||
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About Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017