6495 BURNING TREE DRIVE
About This Property
This unique property presents a once in a generation opportunity to own 117 feet of waterfront frontage, more than 400 feet of depth, mature oaks and established vegetation that create a secluded, spacious setting for a custom estate home and thoughtfully designed outdoor spaces. The generous acreage offers room to envision expansive water views, outdoor living areas and a pool. Current zoning allows for a potential accessory dwelling unit (ADU), all subject to applicable approvals.
Located in Seminole Lake Country Club Estates, The Preserve at Burning Tree is a setting that will appeal to buyers who value both privacy and convenient access to recreation. Golf, boating, parks, beaches, shopping, dining and everyday services are all available throughout the surrounding Seminole, Largo and St. Petersburg areas, including the Gulf beaches.
The Seminole Lake Country Club and Cross Bayou add to the property's appeal as a potential primary residence, private family retreat or custom-estate home opportunity. A future residence could be designed to take advantage of the mature trees, waterfront views and generous grounds while remaining close to the area's established amenities.
More than a vacant parcel, this property offers the opportunity to create a substantial private waterfront residence on more than an acre of land in an established Seminole setting-close to golf, recreation, beaches, shopping and dining.
For buyers seeking the opportunity to design a custom home in a spacious waterfront environment with convenient access to the amenities of the Tampa Bay area, The Preserve at Burning Tree checks all of the boxes. Book your showing today!
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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 |
|---|---|---|---|
| Aug 13, 2026 | Listed by CORCORAN DWELLINGS | $1,350,000 | |
| Listed by CORCORAN DWELLINGS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017