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7707 ASHLEY CIRCLE
About This Property
The open-concept layout provides flexibility for formal dining, casual breakfast seating, and a home office or den space. The kitchen is both practical and inviting, featuring granite countertops, a gas range, newer appliances (2018–2021), generous cabinetry, and a separate pantry closet. The spacious owner's suite serves as a private retreat, highlighted by serene preserve views, a large closet with additional storage, and an updated bath featuring new tile, dual vanities with Carrara marble countertops, a garden tub, separate shower, updated fixtures, and ADA-height toilet. Two guest bedrooms are thoughtfully positioned on the opposite side of the home, offering privacy for family and visitors. One enjoys preserve views, while the second is ideal for guests, a home office, or flex space.
NOTABLE IMPROVEMENTS INCLUDE:
• NEW ROOF (2022)
• HIGH-EFFICIENCY BRYANT LEGACY HVAC (2018)
• WATER HEATER (2022)
• UPDATED OWNERS BATH
• OWNED SECURITY SYSTEM
• UPGRADED ELECTRICAL
Step outside to the screened lanai and enjoy the peaceful preserve backdrop - perfect for morning coffee or evening relaxation.
Located in the gated community of University Place, residents enjoy low HOA fees and access to two resort-style pools, fitness center, playground, nature trails, and an active social calendar - with one pool just a short walk away.
The location is exceptional - just minutes from The Mall at University Town Center, I-75, Sarasota-Bradenton International Airport, downtown Sarasota, Lido Beach, and St. Armands Circle. Move-in ready and meticulously maintained, 7707 Ashley Circle offers privacy, quality construction, and unbeatable convenience in one of Sarasota's most desirable gated 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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Price Decreased |
$514,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Mar 5, 2026 | Listed by COLDWELL BANKER SARASOTA CENT. | $524,990 | |
| Listed by COLDWELL BANKER SARASOTA CENT. | |||
| May 24, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017