608 HIBISCUS DRIVE
About This Property
Located in an exclusive, non-flood zone neighborhood, this property offers both security and endless potential. Golden Beach is a niche community known for its charm, privacy, and unparalleled access to all that Venice Island has to offer. Imagine designing a home built to today's top standards, tailored to your vision, in one of the most sought-after enclaves on Florida's Gulf Coast.
Beyond your future doorstep, explore the vibrant culture of Historic Downtown Venice, just a mile away, where boutique shops, charming cafes, and waterfront dining create a timeless coastal experience. Enjoy the convenience of golf cart and bicycle-friendly streets, perfect for effortlessly exploring the island. Outdoor enthusiasts will love the nearby Venetian Waterway Trail, which connects to the renowned Legacy Trail, providing miles of scenic biking and walking paths. Tee off at local golf courses, play a match at nearby tennis and pickleball courts, or discover the beauty of eight public beaches just minutes away.
This is more than just land-it's an opportunity to craft the coastal lifestyle you've always dreamed of. Don't miss your chance to own a slice of paradise in Golden Beach. Contact us today to begin your journey to island living!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by ZACHOS REALTY & DESIGN GROUP | $750,000 | |
| Listed by ZACHOS REALTY & DESIGN GROUP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017