Under contract-accepting backup offers. **ELEGANT UPDATED RESIDENCE
IN THE OAKS | MODERN COMFORT ON A .83-ACRE CORNER LOT**
Welcome to 538 Dove Pointe, an exceptional residence in the
secure and gated Oaks Country Club community in Osprey, Florida.
Set on a generous .83-acre elevated lot, this beautifully
landscaped property offers the perfect combination of privacy,
sophistication, and modern comfort. Built in 2002, this newer
home showcases timeless architecture with a thoughtful layout and
extensive 2023–2025 updates throughout. From its striking curb
appeal to its serene outdoor living spaces, every detail has been
meticulously curated. Inside, the home offers 4 EN SUITE
BEDROOMS, 5.5 BATHS, and a 3-CAR GARAGE that's been freshly painted
and upgraded with a new epoxy floor. Walls of glass fill the home
with natural light, complemented by plantation shutters and new
motorized window shades throughout. Major updates include a
new tile roof (August 2025), two new HVAC units, new LED lighting,
and new outlets and light switches across the home. The entire
interior and exterior were freshly painted in 2023, giving the home
a bright and modern aesthetic. The primary suite is a private
retreat, featuring new flooring, a spacious bath, and a bonus
office/dressing area for added versatility. A separate office or
sitting room, also with new floors, provides ideal space for remote
work or quiet relaxation. The three additional bedrooms feature new
carpeting, creating a cohesive and comfortable atmosphere.
The chef's kitchen is equipped with new stainless-steel
appliances (refrigerator, dishwasher, – all 2025) and flows
seamlessly to the main living areas and outdoor entertainment
space. There is a new 2025 washer and dryer as well. Step
outside to your private Florida oasis - a covered lanai with a full
outdoor kitchen and a large motorized Sunbrella shade for comfort
and convenience. The property's two fountains (one new) and
professionally graded, elevated landscaping create a lush and
tranquil environment perfect for al fresco dining or quiet
reflection. The Oaks is a distinguished, 24hr guarded,
Country Club Community which boasts many accolades including:
Platinum Club of America, Emerald Club of the World, Elite
Distinguished Club of the World and One of America's Healthiest
Clubs - where amenities include Three Restaurants, Ballroom, Two
18-hole championship GOLF courses, award-winning RACQUETS program
with 12 Har-Tru Hydro-Grid TENNIS courts, 4 PICKLEBALL Courts,
wonderful CROQUET facility, state-of-the-art FITNESS center and
junior Olympic, heated community SWIMMING POOL, Bocce, Basketball
Court, Playground and more! The Oaks is just minutes from
nationally ranked Pine View School, the Legacy Bike Trail, area
Beaches and all that Gulf Coast living has to offer. Membership is
required and there is NO WAITLIST for GOLF or SOCIAL Membership.
**Please Enjoy Viewing the 3D VIRTUAL TOUR**
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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