In the gated waterfront community of Hawks Harbor, this three-story
residence is ideally positioned between Sarasota and Bradenton with
convenient access to Gulf beaches, IMG Academy, Sarasota-Bradenton
International Airport, dining, shopping and cultural attractions.
Set on an oversized 0.37-acre lot with mature landscaping, the
property includes a deeded 26-foot boat slip just a short walk away
in the Hawks Harbor marina, offering direct access to Sarasota Bay
with no bridges to open water. The deeded boat slip provides the
convenience of a low-maintenance boating lifestyle, with
maintenance handled by the homeowners association, allowing more
time on the water and less time on upkeep. Offering approximately
2,070 square feet of interior living space and 3,829 total square
feet, the residence features three bedrooms and three full baths.
The seller also has architectural plans available to enclose the
lower level, creating additional living space. Natural light fills
the open-concept living area with volume ceilings, French doors
opening onto the wraparound terrace, hickory hardwood flooring and
an updated wood-burning fireplace. The kitchen offers granite
countertops, a spacious center island, newer stainless steel
appliances, a custom backsplash and a new sink. Recently renovated
bathrooms showcase Moroccan brass fixtures, intricate tile
detailing and custom lighting. The primary suite includes two
closets and an expansive loft-style flex space overlooking the
living area, while the second bedroom features a generous walk-in
closet. Recent improvements include a 2023 metal roof, updated
deck, freshly painted interior, double-pane windows, an irrigation
system, central vacuum setup and two newer air conditioning systems
installed in 2023 and 2021. The upper level features a windowed
cupola and rooftop viewing deck with panoramic neighborhood views
and a peek of Sarasota Bay. Additional features include a two-car
under-building garage, generous storage space, a generator pad and
a designated space for a future elevator installation. Rare for
Hawks Harbor, this move-in ready home sits on an oversized
0.37-acre property with room for a pool, enhanced outdoor living,
or future expansion. This residence presents a rare opportunity to
enjoy deeded boating access, generous outdoor space and a
convenient location within one of the Sarasota-Bradenton area's
most sought-after gated waterfront communities.
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.
Great Location! Enjoy this immaculately kept spacious home in the gated enclave of Hawks Harbor just minutes from downtown & a short drive to Gulf beaches. Located on a double lot, this home looks out onto an oversized yard w/10 mature trees, 9 Olive Shady Lady trees. This home offers a deeded boat slip & a dock located just a short walk to the neighborhood marina w/direct access to Sarasota Bay and no bridges to bay. Upon entry, the 1st level is illuminated w/natural lighting from the many windows & French glass doors with access to the wrap around terrace. The open living room, includes a wood burning fireplace, volume ceilings and leads into the spacious dining area & kitchen. The kitchen includes stainless steel appliances, granite countertops, an island & custom stylish backsplash. The 1st level also includes a full BA & a 3rd BR or office. The 2nd level features a substantial master BR w/an open bonus room! Turn the bonus room into a generous walk-in closet, or workspace. Additional upgrades include hickory hardwood flooring, central vacuum, intercom system, & irrigation system. There is a phenomenal space for a glass elevator, if you should wish one. The 2nd level includes a 2nd en-suite BR w/copious storage. The top floor features a windowed cupola that leads to an outdoor balcony, perfect for overlooking the abundant landscape and glowing sunsets. Hawks Harbor is located conveniently to all that Sarasota has to offer, including the famous John Ringling Museum, short drive to downtown Sarasota w/world famous dining, shopping, farmers markets, art festivals, events and more! The manager has listed the unit size as 3348 square feet.
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