Under contract-accepting backup offers. Virtually Staged. Paradise
awaits you with this waterfront home and boat lift! Enjoy 79 ft of
water frontage located on the Little Manatee River inlet with
direct access to Tampa Bay! With no HOA or CDD, you get to enjoy
the luxury of limited property restrictions saving you money!
Complete with hurricane shutters, this fabulous home was built on
pilings to elevate the stately residence well above sea level to
provide additional protection from the occasional Florida storm and
to keep the flood premiums low! From the moment you arrive, you
will be greeted with double driveways that offer plenty of
additional parking. A grand stairway entrance and wraparound porch
with a gorgeous stained glass double door entryway welcomes you
into this spacious 3 bedrooms, 2 bathroom home. As you enter the
bright Great room full of windows and views of the canal you will
appreciate the high ceilings, the gorgeous tile, vinyl floors, and
plantation shutters that add the Florida style to this fantastic
floorplan. Designed to offer privacy as well as function, the split
bedroom plan places the roomy master suite on one side of the home
and the two guest bedrooms and bathroom on the adjacent side. The
master suite is a private escape of its own to enjoy offering views
of the canal, access to the huge back patio portion of the
wraparound porch as well as double master closets, an ensuite with
separate vanities, a large tub, a Roman shower, and a separate
water closet! When not camping out in the master, enjoy cooking in
the kitchen that is nestled in the back of the home so the cook can
enjoy all the beauty of the property but still be able to hide a
mess if unexpected guests stopped by! There are plenty of large
cabinets set off by ample tasteful Florida-style solid surface
countertops. Storage in this kitchen includes a large pantry and
utility closet. The washer & dryer are located in the utility
closet in the kitchen but can easily be moved downstairs if
preferred. On the front side of the home, you will find a dining
room just off the Great room offering additional entertaining
space. On the opposite side, the floorplan offers a guest bathroom
and two guest rooms, one currently being used as an office with
double door entry and built-in shelving offering additional
storage. If work isn't on your mind anymore, the room can be easily
transformed back into a bedroom. The alternate guest bedroom
located at the back of the home offers views of the canal through
the sliding door with access to the wrap porch. Need more space?
This home has it! Downstairs you will find a palette to do as much
as your imagination can create, a double garage with a total sq ft
of 1597! The possibilities are endless for a home gym, game room,
craft space, workshop, or anything else you can dream up. Don't
forget to bring your boat! This home has a huge covered boat lift
with a wraparound dock complete with power and water! Fish at night
right in your own backyard or take the boat out, it's your choice
at this property! For the days you don't feel like being on the
water, the large fenced backyard with an expansive paver brick
patio offers a fabulous place to relax or entertain. Take in the
beautiful sunsets from the porch, dock, or interior of this dream
property! Don't be afraid of the stairs, there is a lift! This home
has it all to make your dream of waterfront living a reality! Just
minutes from Bahia Beach, EG Simmons Park, and I75! This home will
not last! Roof new 2025!
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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