8233 FOREST CIRCLE
About This Property
From the moment you step inside, you're welcomed by an abundance of natural light streaming through seven hurricane impact-rated skylights, illuminating the open floorplan and highlighting stunning architectural beams and real hardwood floors that add warmth and charm throughout the main living areas. A striking stone fireplace with both gas and wood-burning capabilities serves as a stunning focal point, creating an inviting space for gatherings and cozy evenings at home.
Designed with both everyday living and entertaining in mind, the heart of the home is the enormous chef's kitchen, featuring two refrigerators, eight gas burners, double built-in ovens, and two sinks-including one with instant hot water-perfectly equipped to host on any scale. Multiple gathering spaces flow seamlessly, offering flexibility and comfort throughout.
The huge primary suite is a true retreat, complete with massive closets and private access to a covered patio-an ideal setting to unwind in peace. Three additional bedrooms provide ample space, including a fourth bedroom ensuite with floor-to-ceiling cove windows that flood the room with natural light.
Step outside to your own backyard oasis featuring a saltwater pool with an elevated spa, covered patio, expansive entertaining areas, and an outdoor shower with both hot and cold water, all surrounded by lush landscaping nourished by a well water irrigation system and enclosed by fencing for ultimate privacy.
Additional highlights include hurricane impact-rated windows, plantation shutters, a 2023 HVAC system, 2026 water softener and filter, 2026 UV whole house air purification system, 2025 gas hot water heater, and a 2015 roof offering both style and peace of mind. The oversized 3+ car garage (approximately 925 square feet) provides exceptional storage and flexibility.
Located just 9 minutes from Indian Shores sandy beaches via bike ride, a few short minutes' drive from Seminole City Center, and zoned for highly regarded Seminole schools-only 0.9 miles to Bauder Elementary, 0.7 miles to Seminole Middle School, and 0.4 miles to Seminole High School. This home also sits approximately 60 feet above sea level, one of the highest elevations in the county.
With its distinctive architectural details, incredible natural light, expansive living spaces, and resort-style outdoor setting, this home offers a lifestyle that is both inviting and impressive.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Price Decreased |
$798,000
↓ $25K
(3%) | |
| Price Decreased | |||
| May 1, 2026 | Price Decreased |
$822,500
↓ $23K
(2.7%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by KELLER WILLIAMS REALTY PORTFOLIO COLLECTION | $845,000 | |
| Listed by KELLER WILLIAMS REALTY PORTFOLIO COLLECTION | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017