7300 MACKEREL LANE
About This Property
One-of-a-Kind Waterfront Retreat with a Private Sandy Beach, 2 Docks, Balconies with waterviews, Gulf Access & More
Discover this elevated 3-bedroom, 3-bathroom waterfront home on nearly ¾ of an acre-offering the perfect blend of comfort, space, and outdoor living. Designed for Florida's coastal lifestyle, this elevated home remained dry during the 2024 storms. Whether you're searching for a peaceful sanctuary that feels like a private island, a full-time Florida residence, a high-end vacation home, or an income-generating vacation home or potenial Airbnb, this property checks every box.
Step outside this waterfront gem and explore your private paradise-starting with a personal boat ramp ideal for launching kayaks, paddleboards, and small boats. Situated on a corner waterfront lot, this home features two docks, including a new floating dock (2025), and a private sandy beach with crystal-clear water and visible sandy bottom. Enjoy fishing, paddling, or a quick 15-minute boat ride to the Gulf of Mexico/America-a dream for water lovers.
Outdoor Entertaining Made Easy because this home features three oversized balconies and porches, a Florida room that makes the perfect reading nook, and a spacious outdoor bar and patio that flows into a beautifully landscaped yard complete with outdoor lighting. Refaced stairs and decks create a warm and welcoming crisp clean first impression. The level lot includes a greenhouse for your perfect garden, a shed, and a large carport with room for RVs, kayaks, and small boats. Downstairs, there's plenty of space for golf carts, UTVs, and more-all kept shaded from the Florida sun. Three 30-amp RV hookups offer great flexibility for hosting family or friends.
BIG MONEY FEATURES:
A custom electric lift (installed in 2023, valued at over $10K) provides wheelchair access or convenient transport of big items to the upper level deck. The home is connected to city water and sewer-no septic headaches here.
Inside, enjoy a bright, open split-bedroom floor plan. The updated kitchen includes a high-end double oven (air fry, dehydrate, micro-convection, bake, and more), a farmhouse sink, new upper cabinets, aqua-blue lowers, and modern hardware. Designed for both cooking and gathering.
Additional interior upgrades include: New LVL flooring and subfloor, New insulation for energy efficiency and lower power bills, Updated ceiling fans and lighting throughout, Reconfigured laundry space with its own closet, Anderson double-pane windows. The primary bedroom offers peaceful water views and a private balcony, while each room is well-maintained, functional, and clutter-free. The third full bathroom downstairs is ideal for outdoor access for your gatherings and after a day on the water.
THE BIG STUFF (we know you're looking for) Roof (2017), HVAC (2022), Water Heater (2025), Vinyl Siding & Exterior Paint (2025), Gutters, Quarter-turn hose bibs. Zoning may allow lot splitting (buyer to verify with Pasco County), and many neighboring homes are successful short-term rentals-unlocking strong income potential.
This home is move-in ready and built for both relaxation and adventure. Whether you're entertaining, exploring, or simply unwinding, Mackerel delivers the ultimate Florida waterfront lifestyle.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017