590 HIBISCUS WAY
About This Property
The lively and historic Longbeach Village offers a lifestyle coveted by many with a community dock and boat ramp and one of the nicest stretch of beaches on Longboat Key just a short distance away. You may never want to leave this beautiful neighborhood where peacocks walk the streets, the waterfront is at your fingertips but if you do, the world famous St.Armands Circle and the C downtown Sarasota and Bradenton are just a short drive over the bridges.
So many options for the year-round owner or as a vacation retreat or as an investment propert for this 3 bed/ 3,5 bath home offers a private pool, designer finishes, indoor outdoor living, and the highest quality craftsmanship. The open, flowing floorpan leads to a terrace off the main living area and the master bedroom which enhances the indoor outdoor living area.
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 |
|---|---|---|---|
| Apr 2, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Price Decreased |
$2,350,000
↓ $300K
(11.3%) | |
| Price Decreased | |||
| Jul 23, 2024 | Relisted | $2,650,000 | |
| Relisted | |||
| Jun 22, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017