8335 ROBIN ROAD
About This Property
Inside, the home is filled with natural light thanks to its abundance of windows and open feel. The spacious primary suite features an updated ensuite bathroom with a walk-in shower, while the two additional bedrooms are generously sized and share a hall bathroom with a shower and tub. Step outside to enjoy the fully fenced private backyard, complete with two patio areas perfect for relaxing or entertaining in the Florida sunshine. The well-sized in-ground pool is long enough for swimming laps and received a new pool pump in 2025. Additional features include hurricane shutters for all windows, gas service currently connected to the kitchen stove, an oversized driveway with room for a boat or RV, and a large garage with extra workspace and an automatic ventilation fan to keep the space cooler during summer months. The current roof is in good condition but approximately 20 years old, and the sellers are proactively installing a brand-new roof prior to closing for the next owner's peace of mind.
Located in a community with no HOA and positioned in Flood Zone X (no flood insurance typically required) and Evacuation Zone C, this property offers both flexibility and security. Cross Bayou Estates is centrally located between Bardmoor, The Bayou Club, Lake Seminole Country Club, and Lake Seminole Park, which offers public boat ramp access for fishing, tubing, and more. The home is also conveniently located near Seminole schools, shopping centers, restaurants, parks, and everyday amenities, with quick access to multiple golf courses and some of Florida's most beautiful Gulf beaches. Pinellas County also allows short-term Airbnb rentals with a county registration process, offering additional flexibility for homeowners or investors (buyers should verify current rules directly with the county). This is a rare opportunity to own a move-in ready pool home in a fantastic location that truly captures the best of the Florida lifestyle.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017