5721 SEA TURTLE PLACE
About This Property
4 Bedrooms | 2.5 Bathrooms | Waterfront | Private Dock & Boat Lift | MiraBay
Welcome to 5721 Sea Turtle Place-a Key West–style waterfront home located in the gated, resort-style community of MiraBay. Set along a deep saltwater canal with no bridges between your dock and Tampa Bay, this home offers direct access to Tampa Bay, surrounding rivers, and the Gulf-making boating, fishing, and paddling part of everyday life.
The property provides 60 feet of waterfront with a newer cement capped seawall, private dock with water and electric, a 13,000-lb boat lift, and a ladder for launching kayaks or paddleboards directly from your backyard. A low, assumable flood insurance policy (Just over $1k for the most recent year) provides added peace of mind for coastal living.
Inside, the home features a no-carpet interior and blends classic Florida charm with thoughtful updates. Wood flooring, custom archways, plantation shutters, and volume ceilings create a warm coastal feel throughout, while hurricane impact windows installed in 2024 enhance storm protection, energy efficiency, and comfort. The great room features surround sound and two sets of French doors opening fully to the expansive outdoor living space, creating seamless indoor–outdoor flow.
The kitchen was updated in 2024 with Blue Sky leathered quartzite countertops, storm blue subway tile backsplash, a gas range with double ovens and center griddle, stainless steel appliances, a deep ZLINE sink, modern faucet, and Pottery Barn statement pendant lighting. The adjoining dining area and breakfast bar overlook the great room, making the space ideal for both everyday living and entertaining.
The main-floor primary suite offers privacy and long-term flexibility and includes a sitting area, walk-in closet, and an updated ensuite bath with a freestanding soaking tub and separate walk-in shower. Additional first-floor flex space can serve as a formal dining room, office, or secondary living area. Upstairs, three additional bedrooms and a full bath provide comfortable separation for family or guests.
Outdoor living is designed to be enjoyed year-round. The 1,500+ sq ft screened lanai (2019) with custom pavers functions as a true extension of the home and includes a 12-person spool (2019)-refreshing by day and heated spa by night-an outdoor TV hookup, and a Mont Alpi 805 Deluxe Island six-burner stainless steel grill that conveys with the home.
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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 |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Price Decreased |
$948,000
↓ $7K
(0.7%) | |
| Price Decreased | |||
| Jan 1, 2026 | Listed by 27NORTH REALTY | $955,000 | |
| Listed by 27NORTH REALTY | |||
| Dec 12, 2025 | Price Decreased |
$955,000
↓ $14K
(1.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017