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6538 SIMONE SHORES CIRCLE
About This Property
5 Beds | 4 Baths | 2,654 Living Sq. Ft. | 12 ft Elevation
Welcome to 6538 Simone Shores Circle, a newly constructed 2024 waterfront home by Bistro Builders, located in the elevated community of Simone Shores in Apollo Beach. The Orion floorplan features 5 bedrooms and 4 bathrooms across 2,654 sq. ft. of living space, along with a private dock, new seawall, 10,000 lb boat lift, and a heated saltwater pool and spa. Built for long-term strength and energy efficiency, this home includes solid block construction on both floors, a 12-foot elevation, stem wall foundation, and cement flooring between levels. It also features hurricane-rated impact windows, solar roof shingles, seamless fire-resistant doors, icynene spray foam insulation, and insulated hurricane-rated garage doors. The garage includes multi-layer epoxy flooring.
Inside, the home offers soaring 24-ft ceilings, smooth finish walls, and triple tray ceilings with integrated lighting. Custom imported tile runs throughout the main living spaces. The open great room features an electric fireplace, surround sound, and triple sliding glass doors that open to the covered lanai with outdoor kitchen and open pool with hot tub area. A fully integrated smart system controls the solar roof tiles, lighting, thermostat, garage, pool, and security features from your phone or mounted iPads. Security includes both facial and fingerprint recognition access. Programmable soffit, window, and baseboard lighting is installed throughout.
The chef's kitchen includes quartz countertops, a waterfall island, a gas stove with pot filler, a wine cooler, walk-in pantry, and European-style cabinetry with pull-down and organizational shelving. The main-level primary suite offers canal and pool views, lanai access, and a large walk-in closet with a European organization system. The ensuite bath includes dual vanities, a jetted soaking tub, and a floor-to-ceiling tiled shower with multiple shower heads offering adjustable color and pressure settings.
Secondary bedrooms upstairs are generously sized, each with custom closets and access to the balcony with water views and open-air. A second floor laundry room with folding station and sink adds convenience, along with two full bathrooms upstairs. The dining room is full of natural light, and the split bedroom layout provides added privacy.
This home includes a paver driveway. Lawncare and landscaping service covered by the low monthly HOA, and is located just minutes from the Manatee Viewing Center, highways, restaurants, shopping, and schools. With unmatched construction quality, energy-efficient upgrades, and a prime waterfront location, 6538 Simone Shores Circle offers the ideal blend of Florida lifestyle and long-term peace of mind.
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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%.
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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 |
|---|---|---|---|
| May 13, 2025 | Price Decreased |
$1,229,000
↓ $73K
(5.6%) | |
| Price Decreased | |||
| Mar 29, 2025 | Price Decreased |
$1,302,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Feb 16, 2025 | Listed by 27NORTH REALTY | $1,327,000 | |
| Listed by 27NORTH REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017