Under contract-accepting backup offers. Nestled among the lush
landscaping of Pine Bay Forest, this beautifully maintained
3-bedroom, 2-bath end-unit villa, with a roof that is only about 1
year old, offers privacy, comfort, and an ideal Northwest Bradenton
location. With covered parking, a private walkway entrance, and a
spacious open layout, the home feels more like a private residence
than a typical condo.
Inside, vaulted cedar ceilings and a cozy fireplace highlight the
bright living and dining areas, while sliding doors open to a fully
enclosed, climate-controlled lanai perfect for year-round
enjoyment. The kitchen features stainless steel appliances, ample
cabinetry, and a charming garden window. A dedicated laundry room
and split-bedroom layout add convenience and functionality.
The spacious primary suite includes lanai access, a walk-in closet,
and an ensuite bath with dual vanities. Two additional bedrooms
provide flexibility for guests, office space, or hobbies.
Residents enjoy resort-style amenities including a heated pool,
spa, sauna, tennis and pickleball courts, shuffleboard, and a
private sunset overlook. Located just 4 miles from Anna Maria
Island and close to Robinson Preserve, shopping, and dining, this
home offers the best of low-maintenance Florida living.
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.
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