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541 MORNINGSIDE ROAD
About This Property
The home features an expansive layout that includes two separate living rooms and two dining areas, giving everyone plenty of room to spread out. At the heart of the home is a newer, spacious kitchen anchored by striking black onyx granite countertops and an abundance of cabinet storage. Ceiling fans are installed throughout to keep the coastal breezes flowing year-round.
Step outside to discover your private, south-facing backyard retreat! Bathed in optimal all-day Florida sunshine, the newly resurfaced pool and gorgeous decorative concrete overlay on the pool deck create the perfect setting for sunny afternoons. The fully privacy-fenced backyard features a beautiful garden ready for your added touch, complete with prepped garden beds just waiting for you to grow your own fresh herbs, flowers, or tropical plants. Did I mention the 2 sheds newly installed and great for extra storage.
Buyers will love the unparalleled peace of mind this property delivers, featuring a brand-new roof (2025), a new garage door (2025), a state-of-the-art Kinetico well water system (2025), and energy-efficient vinyl double-pane windows with hurricane shutters included.
Location is everything, and this property delivers. You are just minutes away from the historic charm of Downtown Venice, world-class Gulf Coast beaches, and offer convenient access to I-75. Zoned for excellent local schools-including Garden Elementary, Venice Middle, and Venice Senior High-this home is perfectly positioned for both lifestyle and long-term value.
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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 |
|---|---|---|---|
| Jun 17, 2026 | Listed by COLDWELL BANKER SUNSTAR REALTY | $359,900 | |
| Listed by COLDWELL BANKER SUNSTAR REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017