7223 BOWSPIRIT PLACE
About This Property
This award-winning 2014 WestBay Longboat floorplan is designed for Florida living at its finest. Set on a peaceful pond with long water views, the home features an oversized saltwater pool with upgraded pavers, a newer lanai fence, and a deep lot with a fully fenced backyard. The outdoor space has been thoughtfully updated with fresh landscaping and is perfect for entertaining or relaxing while enjoying the evening glow of the pond's lighted fountain.
Step inside through double doors into a bright foyer with soaring 12-foot ceilings that flow seamlessly into the open-concept grand room. The gourmet kitchen is a chef's dream with granite and Zodiaq quartz counters, 42-inch cabinetry with under-cabinet lighting, a custom backsplash, stainless steel appliances, a gas cooktop, and a massive island overlooking the pool and pond. The connected dining and living areas create an inviting atmosphere for everyday living or hosting.
The large media/bonus room at the rear of the home is currently configured as a theater with the projector, blackout curtains, and screen conveying.
The primary suite is a retreat of its own with tray ceilings, crown molding, and a sitting area overlooking the water. The spa-inspired bath includes a jetted garden tub, oversized shower, and an enormous walk-in closet with direct access to the laundry room. The split floorplan offers privacy, with three additional bedrooms finished in beautiful wood-look tile flooring.
Outdoors, the screened pool area is complete with bug-proof screening, outdoor speakers, upgraded pavers, and space for grilling under the lanai. The fenced backyard is ideal for pets, and the cul-de-sac location with a front green space offers a safe play area. Additional features include a reverse osmosis system, a whole-home water filtration and softener system, and a spacious 3-car garage.
Living in Waterset means access to one of Apollo Beach's premier master-planned communities. Residents enjoy resort-style amenities including multiple pools, a splash pad, dog parks, playgrounds, fitness centers, and over 12 miles of walking and biking trails. The 20-acre outdoor sports complex is a centerpiece of the neighborhood, featuring tennis, basketball, pickleball, and sand volleyball courts. A large clubhouse, cafe, and year-round community events make it easy to connect with neighbors and embrace an active Florida lifestyle.
This one-story home combines luxury, thoughtful upgrades, and the best of Waterset living-schedule your private showing today.
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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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Price Decreased |
$699,000
↓ $40K
(5.4%) | |
| Price Decreased | |||
| Oct 25, 2025 | Price Decreased |
$739,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Sep 11, 2025 | Listed by 27NORTH REALTY | $759,000 | |
| Listed by 27NORTH REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017