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815 TROPEZ LANE
About This Property
Designed to embrace the Florida lifestyle, the expansive great room features dramatic 90 degree sliding window walls that completely open to the lanai, creating a seamless transition combining inside with outside lanai and resort-style pool making it an entertainer's dream, highlighted by a newly added poolside outdoor kitchen, sparkling caged pool, and generous covered lanai where family and friends can gather while enjoying tranquil golf and water views.
At the heart of the home, the gourmet kitchen showcases custom wood cabinetry, Corian countertops, stainless steel appliances, an oversized center island, and a bright breakfast area framed by stunning floor-to-ceiling aquarium windows overlooking the pool and fairway.
The thoughtfully designed split floor plan offers exceptional privacy. The luxurious primary suite is a peaceful retreat featuring two spacious walk-in closets, dual vanities with an extended countertop, a relaxing jetted soaking tub, and a walk-in Roman shower. Two additional guest bedrooms and baths are thoughtfully positioned on the opposite side of the home, providing comfort and privacy for family and visitors, while a private den offers the perfect space for a home office, library, or media room.
Throughout the home, quality craftsmanship is evident in the soaring ceilings with double tray details, crown molding, formal living and dining rooms, integrated speaker system, smart home technology, central vacuum system, hurricane protection, custom audio/visual cabinetry, abundant storage, a spacious laundry room, and an oversized three-car garage with a paver driveway. Additional upgrades include dual air conditioning systems for enhanced comfort and efficiency, as well as a Flo by Moen® Smart Water Monitor and automatic shutoff system that provides advanced leak detection and water protection directly from your smartphone.
Pelican Pointe offers an exceptional resort-style lifestyle with an impressive clubhouse, restaurant and bar, heated community pool, fitness center, tennis and pickleball courts, and an active calendar of social events. Optional golf membership provides access to the community's award-winning 27-hole championship course. Located just minutes from Venice's pristine Gulf beaches, charming downtown, waterfront dining, boutique shopping, and spectacular sunset walks along the jetty, this remarkable home offers luxury, comfort, and the very best of Florida living.
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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 |
|---|---|---|---|
| Jul 1, 2026 | Listed by KW COASTAL LIVING III | $1,100,000 | |
| Listed by KW COASTAL LIVING III | |||
| Nov 18, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017