708 GARFIELD DRIVE
About This Property
If you love the beach but can't give up City Life, this could be your perfect home-or your next investment due to the flexible one-week rental policy!
Just 800 steps from Lido Beach on the Gulf of Mexico, surrounded by mega million dollar houses, this light and bright 4-bedroom, 3-bath single-family home offers the perfect blend of coastal living, space, and opportunity. A single level home features an updated kitchen and bathrooms, plus the flexibility of two primary bedrooms.
Set on a generous 0.287-acre lot, the property features Florida-friendly landscaping and an oversized detached garage. Plans had already been drawn for a potential apartment conversion over the garage, offering exciting possibilities for additional living space for family, guests, or income.
Enjoy the best of Sarasota just moments away, including the shops, restaurants, and vibrant atmosphere of St. Armands Circle.
Whether you're looking for a place to live, relax, and enjoy the beach, or an investment property with a liberal one-week minimum rental policy, this home offers an exceptional opportunity in one of Sarasota's most desirable coastal locations.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017