5613 GULF DRIVE
About This Property
Welcome to this stunning coastal retreat, inspired by the iconic architecture of Frank Lloyd Wright, located on the sought-after Anna Maria Island. With private beach access just steps across the street and breathtaking Gulf Views from the spacious second story balcony, this home offers the ultimate island lifestyle. This two-story beauty features 3 bedrooms and 2 bathrooms, providing the perfect blend of modern comfort and coastal charm. The modern kitchen is equipped with brand new granite countertops and stainless-steel appliances, offering a sleek and functional space for everyday living. Up the stairs to the second floor, you will find the large living room designed for relaxation, with tall cleanings that create an airy, open feel. Step outside to the expansive balcony, perfect for enjoying the Gulf breeze and serene surroundings. The primary bedroom also located upstairs features a private balcony where you can unwind while taking in the island views. Additional features include a private driveway, with extra parking on the west side of the home, and a garage to store all your beach gear. After a day at the beach, rinse off in the new pool and spa, or relax under the covered patio area, all surrounded by a privacy vinyl fence and premium artificial turf for easy upkeep. AC 2 years old, metal roof in excellent condition, Impact windows, Hurricane window sliders, Pentair pool system, rainbird irrigation. This property also has a strong track record as a short-term rental, making it a fantastic investment opportunity. plus, you're just a short walk from Anna Maria Island's best restaurants, shops, and nightlife. As a Bonus you can take advantage of an assumable mortgage at a low rate of 2.75!
Don't miss out on this unique opportunity to own a piece of paradise. schedule your private showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by COMPASS FLORIDA LLC | $1,399,000 | |
| Listed by COMPASS FLORIDA LLC | |||
| Feb 14, 2025 | Price Decreased |
$1,450,000
↓ $100K
(6.5%) | |
| Price Decreased | |||
| Jan 16, 2025 | Listed | $1,550,000 | |
| Listed | |||
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Beautiful sunsets from the rooftop deck with views of the Gulf of Mexico are waiting for you, just bring the wine. This home has it all. Location, design by Frank Lloyd Wright Fellow, H. Patterson Fletcher, views of the Gulf and a newly built private pool oasis. Three bedrooms, two bathrooms and a roof top deck. Built to stay, this property and is currently up and running as a vacation rental with rental history available. Just a short walk across the street down a sandy path and you are at the beach, just pack your shoulder bag and you are there! This property is priced to sell, bring your offers!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017