5538 LIGHTNING WHELK LANE
About This Property
The open-concept design is perfect for daily living and grand entertaining, featuring a seamless flow between the gourmet kitchen, Great Room, and an elegant formal dining area. The kitchen is a chef's delight, showcasing premium finishes like quartz countertops and stainless steel appliances.
Step through the sliding glass doors onto your expansive, fully enclosed screened lanai, where your sparkling, private swimming pool awaits! This outdoor oasis offers a breathtaking, serene lake view, making every morning coffee and evening cocktail feel like a vacation. Retreat to the Owner's Suite, which features an absolutely gorgeous, spa-inspired primary bathroom, complete with dual sinks, a massive walk-in closet, and luxurious finishes.
As a resident of the gated, maintenance-free Calusa Country Club, you'll enjoy world-class amenities, potentially including a bundled golf membership to both the 18-hole Championship course and the 12-hole Executive course! Indulge in the resort-style pool, state-of-the-art fitness center, Clubhouse with dining, Tiki Bar, and premier tennis and pickleball courts. This home delivers luxury, privacy, and an unparalleled lifestyle near all the best of Lakewood Ranch and Sarasota's Gulf Coast beaches.
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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 |
|---|---|---|---|
| Nov 28, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Listed by PREFERRED SHORE LLC | $698,000 | |
| Listed by PREFERRED SHORE LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017