TAKE A LOOK AT THE NEW PHOTOS! This gorgeous five bedroom, 4.5 bath
home in sought after Legends Bay is a MUST SEE! This home reads
Mediterranean on the exterior, with its lush landscaping and
lakeside location, but step inside to understated elegance and
luxury. The covered front porch provides a large welcoming area
with custom double doors leading to the elegant foyer with 20-foot
ceilings. Upgrades and finishes are evident throughout the
home and will exceed your expectations. The home office
overlooks the front of the home with plenty of room for your office
desk and has built in wall shelving. The dining room is light
and bright with dual windows and custom woodwork on the walls and
ceiling making it a wonderful space for formal meals and
entertaining. The Family room is perfect for more relaxed
entertaining or family time and has wood beams and an entire wall
of custom cabinetry. The adjacent kitchen is perfect for the
Chef: built in Thermador appliances include the refrigerator, range
and range hood and a Bosch dishwasher. Tumbled Walker Zanger
Carrara marble backsplash tiles adorn the walls and the custom
coffered ceiling enhances the kitchen and eat in cafe area.
The oversized pantry can surely hold all of your staples.
Details matter in this area and the upgraded sink, faucet and
lighting does not disappoint. As an added convenience of this
first floor, there is a large guest suite with an ensuite bathroom,
as well as a separate powder room for guests. You won't mind
doing laundry as even this room is special, boasting a washer and
dryer with granite folding countertop, built in laundry sink and
generous cabinetry for storage.
Explore the second floor with its huge primary bedroom with dual
custom closet built-ins and ensuite bathroom. The spa-like
bathroom has a soaking tub and large walk-in shower surrounded by
Carrara marble. Dual vanities are enhanced with marble trim
work as well and upgraded fixtures. Three additional spacious
bedrooms are on this floor, one boasting an ensuite bathroom.
The huge bonus room is another perfect spot for entertaining
or unwinding after your day.
If you prefer outdoor entertaining, the screened enclosed lanai
offers an inground pool, custom outdoor kitchen with grill and
refrigerator and a lounging/dining area overlooking a peaceful lake
with lush landscaping.
The 3 car garage has ample space for your vehicles and water toys,
has epoxy floor finish, built-in cabinets, hot water heater and
water filter system and even overhead storage space for those
infrequently used items. This home has custom plantation shutters
throughout. Be the first to view this "Better Than New" home
with exemplary upgrades and finishes. This home exudes luxury
living at its best. Schedule your private showing today.
Legends Bay is conveniently located along Sarasota Bay enjoying
afternoon breezes and is a direct commute to the crystal sands of
the gulf beaches of Anna Maria, Bradenton Beach and Longboat Key.
The community also has a community pool and newly updated
clubhouse. It is a 3 mile drive to the world re-known IMG
Academies, and only 15 minutes to Sarasota Internation Airport.
Local and fine dining restaurants are close by. Take
advantage of all that downtown Bradenton and Sarasota has to offers
including local farmers markets, the opera, and a host of other
music and entertainment venues. Tampa International Airport
is an hour away.
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.
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