7327 SUMMERLAND COVE
About This Property
Each of the three spacious bedrooms features its own private en-suite bath, offering comfort and privacy for both residents and guests. A custom-designed office with built-ins creates the perfect space for productivity, while the gourmet kitchen, equipped with premium KitchenAid appliances, elegant finishes, and abundant storage, serves as the heart of the home.
Seamless indoor-outdoor living defines the experience, with a private lanai featuring motorized hurricane screens, a dedicated half bath, and functional outdoor furniture included, allowing immediate enjoyment of Florida's year-round outdoor lifestyle. A whole-home generator provides added peace of mind and convenience.
Located within the prestigious 55+ gated community of Del Webb Lakewood Ranch, residents enjoy access to a 28,000 sq. ft. clubhouse, resort and lap pools, state-of-the-art fitness center, on-site restaurant and bar, pickleball, tennis, bocce, and miles of scenic walking trails.
Just minutes from dining, shopping, golf, and the Gulf Coast's award-winning beaches, this home offers the rare opportunity to enjoy luxury, security, and lifestyle in one of Lakewood Ranch's most sought-after communities.
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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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Price Decreased |
$1,299,990
↓ $100K
(7.1%) | |
| Price Decreased | |||
| Dec 2, 2025 | Price Decreased |
$1,399,990
↓ $90K
(6%) | |
| Price Decreased | |||
| May 20, 2025 | Listed by KW SUNCOAST | $1,490,000 | |
| Listed by KW SUNCOAST | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017