709 JACARANDA DRIVE
About This Property
The heart of this home is its connection to the outdoors. Rather than closing off the view, a low garden fence along the rear of the property allows the natural landscape to remain part of the experience. Deer, wild turkey, birds and other Florida wildlife are frequent visitors, creating a setting that feels remarkably private and peaceful. Out front, a beautiful butterfly garden adds another layer of charm, welcoming both colorful blooms and butterflies throughout the seasons.
Inside, the spacious great room features dramatic vaulted ceilings, while the first-floor primary suite offers convenience and privacy with a generous walk-in closet and en-suite bath. The kitchen overlooks the dining area and backyard, keeping the preserve views close at hand, while two additional bedrooms and a full bath are located upstairs. An enclosed, Florida room with air conditioning provides another inviting space to relax, entertain or simply enjoy the natural surroundings.
Recent improvements add significant value, including newly installed double-hung hurricane-impact windows, a new HVAC system installed in 2026, and a roof replaced in 2022, plus a water softener and a exterior shed with electric for added storage, allowing the next owner to enjoy some of the home's most important updates already completed.
Beyond the property itself, residents of Forest Lakes enjoy access to community amenities including a pool, tennis courts, playground, recreation facilities and a community boat ramp. Conveniently located in Oldsmar with easy access to Tampa, Clearwater, shopping, dining, recreation and Tampa International Airport, the location makes it easy to enjoy everything Tampa Bay has to offer while coming home to a setting that feels worlds away.
709 Jacaranda Drive isn't simply a home surrounded by nature. It's a home designed to let you experience it every day.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2026 | Sold | ||
| Sold | |||
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Sep 21, 2026 | Listed by KELLER WILLIAMS ST PETE REALTY | $450,000 | |
| Listed by KELLER WILLIAMS ST PETE REALTY | |||
| Jul 2, 2022 | Sold | ||
| Sold | |||
| Apr 19, 2022 | Listed by KELLER WILLIAMS ST PETE REALTY | $479,900 | |
| Listed by KELLER WILLIAMS ST PETE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017