5541 DEL CORONADO DRIVE
About This Property
Step through the oversized sliders to enjoy the convenience of a screened lanai where you can relax taking in the surroundings and create a wonderful indoor/ outdoor living space! This home is situated just steps away from the community center!
Waterset offers an array of resort-style amenities including pools, water slides, splash pads, parks, walking trails, dog parks, fitness centers, work centers, pickleball, tennis, basketball, volleyball, and more. Additionally, a state-of-the-art sports complex featuring turf fields and playgrounds is on the horizon, ensuring there's always something exciting to do. Located in Waterset Town Center, you'll enjoy quick access to Crunch Fitness, diverse dining options, and essential medical facilities-all right at your fingertips. Apollo Beach is conveniently connected to the vibrant corridors of St. Pete, Sarasota, Bradenton, and Tampa, with Orlando just a short distance away! Situated approximately 35 minutes from MacDill Air Force Base, the world's best beaches, and Tampa International Airport!
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Apr 5, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by RE/MAX BAYSIDE REALTY LLC | $405,000 | |
| Listed by RE/MAX BAYSIDE REALTY LLC | |||
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About Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017