$1,135,000
●
House -
For Sale
5885 Pine Tree
Other City - In The State Of Florida, FL 33957
3 Beds
2 Baths
1,812 Ft²
$6,556
Est. Monthly
$25
HOA / Fees
About This Property
Welcome to this beautifully remodeled coastal home, ideally located
just a short walk to the beach. This turnkey 3-
bedroom, 2-bath property is a fisherman's paradise, featuring a private boat dock, a brand-new pool, and a
spacious lot with a two-car garage. Inside, you'll find a cozy living area with a working fireplace-perfect for cool
coastal evenings. Completely updated inside and out, the home includes a new roof installed in 2024. Spend your
days fishing or boating and your evenings enjoying stunning West Coast sunsets near the world-famous beaches
of Sanibel and Captiva.
bedroom, 2-bath property is a fisherman's paradise, featuring a private boat dock, a brand-new pool, and a
spacious lot with a two-car garage. Inside, you'll find a cozy living area with a working fireplace-perfect for cool
coastal evenings. Completely updated inside and out, the home includes a new roof installed in 2024. Spend your
days fishing or boating and your evenings enjoying stunning West Coast sunsets near the world-famous beaches
of Sanibel and Captiva.
Unit Size
1,812 Ft²
Days on Market
22 days
Land Size
0.57 acres
Price per sqft
$626
Property Type
House
Property Taxes
$958
HOA Dues
$25
Year Built
1964
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 22 days ago (Miami MLS #A12089209)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Listed by Phantom Real Estate | $1,135,000 | |
| Listed by Phantom Real Estate | |||
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 28, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Oct 10, 2025 | Price Decreased |
$950,000
↓ $50K
(5%) | |
| Price Decreased | |||
| Sep 10, 2025 | Price Decreased |
$1,000,000
↓ $150K
(13%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Unpaved, Additional Spaces Available
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer, Pantry, First Floor Entry, French Doors, Split Bedroom, 3 Bedroom Split, Family Room
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Tile
Door Features: French Doors, High Impact Doors
Has Fireplace
Fireplace Features: Fireplace
Exterior Details
Square Footage: 1812
Security Features: Smoke Detector(s)
Architectural Style: Other, Attached, One Story
Year Built: 1964
Waterfront Features: Ocean Access, Canal Front
Building Name: CASTAWAY ESTATES
Building Area Total: 3612
Building Area Units: Square Feet
Window Features: Blinds, Complete Impact Glass
Construction Materials: Concrete
Patio and Porch Features: Patio
Pool Features: In Ground
Lot Features: 1/2 To Less Than 3/4 Acre Lot
Lot Size Area: 24740
Lot Size Units: Square Feet
Lot Size Acres: 0.568
Lot Size Square Feet: 24740
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $11,494
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA Fee: $300
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About West End
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Listed by: Raul Hernandez
Phantom Real Estate
Last Updated: 22 days ago
Data Source: Miami MLS, MLS# A12089209
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Phantom Real Estate
Last Updated: 22 days ago
Data Source: Miami MLS, MLS# A12089209
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017