Under contract-accepting backup offers. Welcome to Wildgrass, one
of Sarasota's most exclusive boutique gated communities. Built by
Neal Signature Homes in 2015, this exceptional residence offers
over 2,500 square feet of thoughtfully designed living space
featuring 3 bedrooms, a private den, 3 baths, and a 3-car garage.
Designed for both elegant entertaining and everyday comfort,
the open-concept great room showcases crown molding, coffered
ceilings, and beautiful tile flooring throughout. The chef's
kitchen is the heart of the home, featuring an oversized granite
island with abundant seating, gas cooktop, built-in stainless-steel
appliances, and rich wood cabinetry. Step outside to your
private Florida retreat. The expansive paver lanai features a
spectacular pool, outdoor kitchen, and ample storage-perfect for
entertaining or simply relaxing in your own backyard oasis.
The luxurious owner's suite offers a peaceful escape with
dual granite vanities, custom wood cabinetry, a soaking tub, and a
spacious walk-in shower. An oversized homesite provides exceptional
privacy and generous space between neighboring homes, a rare find
in today's communities. Nestled on 36 acres, Wildgrass is
known for its Mediterranean-inspired architecture, custom-home
feel, and serene setting. Located just minutes from I-75 and Clark
Road, residents enjoy convenient access to Siesta Key Beach,
downtown Sarasota, premier shopping, dining, golf, and cultural
attractions. Experience the perfect blend of luxury, privacy,
and location in one of Sarasota's hidden gems.
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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