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600 SUTTON PLACE #B302
About This Property
The updated kitchen is both stylish and functional, showcasing quartz countertops, a mother-of-pearl mosaic backsplash, tray ceiling, and stainless steel appliances. The primary suite includes a fully remodeled bathroom with quartz counters, custom glass shower, and marble tile, while the guest bathroom features granite countertops and a vessel sink. A glass-enclosed and screened lanai extends the living space, bringing in natural light and allowing you to enjoy peaceful bay breezes year-round. Recent upgrades include newly installed IMPACT RESISTANT WINDOWS & DOORS, providing added safety, energy efficiency, and peace of mind. Updated lighting was also added in the living area
This residence is being sold TURNKEY FURNISHED, making it truly move-in ready or ideal as a second home or investment property. As an added bonus, the sale includes four brand new KAYAKS-perfect for enjoying the community's direct bay access and embracing the waterfront lifestyle.
Sutton Place is a highly desirable waterfront community offering exceptional amenities, including deeded Gulf beach access with pavilion, gated parking, showers, and picnic areas, TWO heated bayside POOLS, BBQ grills, BOAT SLIPS (first-come, $300/year), kayak storage and launch, fishing dock, clubhouse, and covered parking with ample guest spaces. The community is pet-friendly (2 pets up to 25 lbs each), not age restricted, and allows two rentals per year with a one-month minimum after the first year of ownership, making it ideal for both personal use and investment.
Recent community improvements include new roofs, exterior repainting, and resealing (2023), along with a completed milestone inspection. Ideally located mid-key, close to Bayfront Park, dining, shopping, and just a short drive to Anna Maria Island, St. Armands Circle, and downtown Sarasota. Don't miss this opportunity to own a piece of paradise on Longboat Key.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Aug 1, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Price Decreased |
$449,000
↓ $26K
(5.5%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by COLDWELL BANKER REALTY | $500,000 | |
| Listed by COLDWELL BANKER REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/13/2026
|
2 Bed
|
2 Bath
|
1132 ft²
|
$500,000
2 Bed
2 Bath
1132 ft²
|
$439,000
-12.20%
08/31/2026
|
Eileen Gillen, PLL
COLDWELL BANKER REALTY
| |
|
09/13/2024
|
2 Bed
|
2 Bath
|
992 ft²
|
$625,000
2 Bed
2 Bath
992 ft²
|
$600,000
-4.00%
10/21/2024
|
Paulina Vasiliev
KELLER WILLIAMS ON THE WATER S
| |
|
12/28/2023
|
2 Bed
|
2 Bath
|
1132 ft²
|
$675,000
2 Bed
2 Bath
1132 ft²
|
$550,000
-18.52%
07/23/2024
|
Eileen Gillen, PLL
COLDWELL BANKER REALTY
| |
|
12/27/2023
|
2 Bed
|
2 Bath
|
992 ft²
|
$625,000
2 Bed
2 Bath
992 ft²
|
$425,000
-32.00%
05/15/2024
|
JoDene Moneuse
MICHAEL SAUNDERS & COMPANY
| |
|
07/21/2022
|
1 Bed
|
1 Bath
|
836 ft²
|
$562,000
1 Bed
1 Bath
836 ft²
|
$454,322
-19.16%
06/29/2023
|
Marcia Van Ginhoven
REDFIN CORPORATION
| |
|
04/26/2022
|
1 Bed
|
1 Bath
|
696 ft²
|
$449,900
1 Bed
1 Bath
696 ft²
|
$460,000
+2.24%
06/15/2022
|
Beth Davis
REALTY PARTNERS LLC
| |
|
03/27/2021
|
1 Bed
|
1 Bath
|
696 ft²
|
$314,900
1 Bed
1 Bath
696 ft²
|
$323,000
+2.57%
09/13/2021
|
Manda Jordan
CATALIST REALTY LLC
| |
|
11/14/2019
|
2 Bed
|
2 Bath
|
1032 ft²
|
$387,000
2 Bed
2 Bath
1032 ft²
|
-
-
|
-
| |
|
04/25/2019
|
2 Bed
|
2 Bath
|
1132 ft²
|
$395,000
2 Bed
2 Bath
1132 ft²
|
$385,000
-2.53%
03/02/2020
|
Eileen Gillen
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017