596 Yawl LANE
About This Property
With expansive water frontage and direct access to Sarasota Bay, this property is a boater's dream. The 275-foot seawall not only enhances the property's waterfront appeal but also provides ample space for multiple docks or larger watercraft. The oversized lot offers plenty of room to create luxurious outdoor living spaces, a pool, spa, and lush landscaping-all perfectly positioned to enjoy stunning water views.
Residents of Country Club Shores enjoy deeded beach access to the pristine sands of Longboat Key, perfect for peaceful strolls or relaxing sunsets. Optional membership to the nearby Longboat Key Club adds even more appeal, with access to championship golf courses, a world-class tennis center, a private marina, fine dining, and a luxurious spa.
Situated on the sought-after south end of Longboat Key, this property provides convenient access to St. Armands Circle's boutique shops and restaurants, the cultural attractions of downtown Sarasota, and the mainland via the south bridge. Whether you envision a renovation or a brand-new custom home, 596 Yawl Lane is your opportunity to own a premier property in one of Longboat Key's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Price Decreased |
$5,000,000
↓ $750K
(13%) | |
| Price Decreased | |||
| Jan 17, 2025 | Price Decreased |
$5,750,000
↓ $249K
(4.2%) | |
| Price Decreased | |||
| Nov 27, 2024 | Listed by COLDWELL BANKER REALTY | $5,999,000 | |
| Listed by COLDWELL BANKER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017