5941 Emerald Harbor DRIVE
About This Property
Enter this fabulous 2600 sq. ft. 3 Bedroom, 2.5 Bath home and appreciate the seamless flow through the living room, dining room, family room, and kitchen area. Tile floors throughout the main living aeas are ideal for Florida living. This home has everything you need for entertainment plus everyday comfortable living. The new, thoughtfully planned gourmet kitchen features custom cabinets, a center island with Walnut top, carefully selected quartz counters, all stainless Thermador appliances including double oven and cooktop, wine refrigerator and a pass-through to the lanai.
The split floor plan provides privacy allowing homeowners to retreat to the spacious Master bedroom with walk-in closet and luxuries including a garden tub, separate shower, dual vanities, indoor and outdoor shower, and access to the pool area. The guest bedrooms and bath are perfect for visiting family/friends or multi-generational living.
All main rooms leading to the pool area have hurricane/impact doors that pocket behind the wall for open indoor/outdoor living. It doesn't get any better than the incredible private and tranquil outdoor sitting areas with around the beautiful paver deck and pool area with new picture window screening. Follow the paver pathway to an open fire pit and sitting area leading to the new composite dock w/10,000 lb. boat lift
The spacious laundry room is equipped with a second refrigerator, laundry sink, cabinets and incredible storage. It is rare to find a home with so much interior storage.
The premium mid-key location ensures that you are never far away from Longboat Key restaurants and shopping, plus the amenities of St. Armands, Sarasota and Anna Maria Island all the while relishing your peaceful seclusion, in tune to all the surrounding natural beauty Emerald Harbor has to offer.
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 6, 2024 | Price Decreased |
$2,749,000
↓ $50K
(1.8%) | |
| Price Decreased | |||
| Mar 29, 2024 | Price Decreased |
$2,799,000
↓ $101K
(3.5%) | |
| Price Decreased | |||
| Jan 22, 2024 | Relisted | $2,900,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017