610 CASABELLA DRIVE
About This Property
Step through the cozy enclosed front porch and be greeted by original hardwood floors and a welcoming living room featuring a working wood-burning fireplace. An open dining area with custom built in bar and wine refrigerator, allows you to look out through the original arched windows. This intimate 2-bedroom, 2-bathroom residence boasts a brand-new kitchen adorned with Spanish-style tile, custom lighting, a pot filler, and a bespoke vent hood that seamlessly marries traditional design with contemporary functionality. There is an artistic flow from room to room, enhanced by an additional office space overlooking the pool.
Your private oasis awaits outside with a newly caged, heated pool, new pavers surround, complemented by an outdoor self-heated solar power shower, perfect for year-round enjoyment. The lush, meticulously cared-for garden is dotted with mango, and, banana trees, providing a tropical and serene backdrop for peaceful outdoor relaxation.
This home is move-in ready with the roof replaced in 2015, fresh exterior paint in 2021, a new AC system installed in 2022, and the water heater installed 2019. Thoughtfully updated bathrooms maintain the home's historic charm while adding modern convenience. You will also receive custom hurricane window and door covers that easily store in the garage.
This property qualifies for a boat slip at the nearby Palma Sola Yacht Club, making it ideal for boating enthusiasts. Enjoy the coastal lifestyle with Anna Maria Island's beaches just a short bike ride away and a dog-friendly beach only a 10-minute walk from your doorstep. Explore the natural beauty of Robinson Preserve's 650+ acres and DeSoto Memorial Park, both just around the corner.
With no HOA fees and situated outside of the flood zone (27 feet above sea level), this home offers peace of mind and low-maintenance living. Conveniently located near local shops, dining, and entertainment, it delivers the perfect blend of tranquility and accessibility. Plus, short-term rentals are allowed, adding investment potential or a 1031 exchange.
Discover why Palma Sola Park remains one of Manatee County's most beloved communities. Schedule your private showing today and fall in love with this timeless piece of history.
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $659,000 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $469,000 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
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About Manatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017