7494 Sea Manatee STREET
About This Property
Immerse yourself in the serene atmosphere of waterfront living in Palmetto's stunning Boca B Model home. This inviting 3 bedroom, 3 bathroom residence boasts upgraded features throughout, including 8ft doors and 5 1/4 baseboards, creating an elegant ambiance that sets the tone for a relaxing lifestyle.
The gourmet kitchen is a culinary dream, featuring a single wall oven, microwave, electric cooktop, and stainless steel canopy hood, illuminated by pendant lights and under cabinet LED tape lighting. The study, brightened by French doors, offers the perfect flexible space for a home office, reading nook, or hobby room.
The expansive primary suite serves as a true sanctuary, complete with a spacious walk-in closet and an elegantly appointed ensuite bath featuring dual sinks and a massive walk-in shower with rainfall showerhead. Convenience is key in the laundry room, equipped with a sink for those unexpected messes.
Palmetto's vibrant community is enriched by its proximity to cultural attractions, eclectic dining establishments, and retail destinations. Residents can explore the historic downtown, attend lively local events, and forge meaningful connections through recreational programs and social gatherings.
With convenient highways and transportation networks, commuting to Sarasota, St. Petersburg, or Tampa is a breeze. Don't miss the opportunity to embrace the perfect blend of coastal serenity and community lifestyle.
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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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Price Decreased |
$589,990
↓ $40K
(6.3%) | |
| Price Decreased | |||
| Aug 31, 2024 | Price Decreased |
$629,885
↓ $49K
(7.2%) | |
| Price Decreased | |||
| Aug 13, 2024 | Price Decreased |
$678,884
↓ $1K
(0.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017