5894 BENEVENTO DRIVE
About This Property
Opportunity awaits in this 3-bedroom, 3-bathroom + den single-family home located in the highly sought-after Isles of Sarasota in Palmer Ranch. Built by Divosta with solid poured concrete walls, this popular Oakmont model offers a flexible, open floor plan and timeless design-ready for your special touches.
Step inside to find spacious living and dining areas, a dedicated den perfect for a home office or guest space, and generous bedroom suites. The home also features a central vacuum system, abundant natural light, and extra storage space in the two-car garage. Outside, enjoy your private pool-ideal for relaxing or entertaining in the Florida sunshine.
Rest easy when storm season arrives-this Divosta-built home features solid poured concrete construction and hurricane shutters for added protection. Situated in the preferred X flood zone, the property has never experienced flooding, does not require flood insurance, and is outside of an evacuation zone-providing valuable confidence and security for Florida homeowners.
The Isles of Sarasota offers an active, resort-style lifestyle with an impressive array of amenities, including: Beautiful clubhouse, State-of-the-art fitness center, Resort-style community pool, Basketball court,4 Har-Tru tennis courts, 2 pickleball courts, 2 bocce courts, Tot-lot/playground, Dedicated activities director, Full-time on-site manager, Numerous community events and social activities.
Perfectly located just minutes from Siesta Key Beach, dining, COSTCO, medical facilities, golf courses, the Legacy Trail, and all the cultural venues of downtown Sarasota, this home combines lifestyle, location, and value.
Bring your vision and make this solidly built Palmer Ranch property your own piece of paradise.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017