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8300 TECUMSEH CIRCLE
About This Property
South Gulf Cove is a deed-restricted waterfront community with an optional HOA and exceptional amenities. Residents enjoy a waterfront park, clubhouse, playground, walking paths, and a public boat ramp just minutes away. Join the active boating club and participate in raft-up parties, boat parades, and community events.
From your backyard, cruise through the community lock to access the scenic freshwater rivers, Gasparilla Sound, the Intracoastal Waterway, and the Gulf. Spend your days boating to barrier islands and secluded sandbars, fishing for world-class tarpon and snook, spotting dolphins and manatees, exploring artificial reefs, or relaxing on a quiet beach only accessible by boat.
Beyond the water, you'll appreciate the convenient location near several marinas, championship golf courses, shopping, dining, and medical facilities. Englewood Beach is only about 12 miles away, offering beautiful Gulf beaches, waterfront restaurants, and live entertainment. Historic Dearborn Street features charming boutiques, art galleries, local cafes, and frequent festivals, while nearby Port Charlotte provides additional shopping, restaurants, and entertainment.
This is your opportunity to enjoy the very best of Southwest Florida waterfront 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 |
|---|---|---|---|
| Sep 6, 2026 | Price Decreased |
$149,000
↓ $10K
(6.3%) | |
| Price Decreased | |||
| May 24, 2026 | Price Decreased |
$159,000
↓ $16K
(9.1%) | |
| Price Decreased | |||
| Dec 11, 2025 | Price Decreased |
$174,900
↓ $24K
(12.1%) | |
| Price Decreased | |||
| Oct 13, 2025 | Listed by KW PEACE RIVER PARTNERS | $199,000 | |
| Listed by KW PEACE RIVER PARTNERS | |||
| Aug 16, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017