40
Map
8940 PICKWICK ROAD
About This Property
This home has been thoughtfully upgraded from top to bottom with major improvements completed between 2022 and 2026. Recent updates include a high-impact front door (2023), new HVAC system (2022), updated electrical panel (2022), and fully replaced plumbing drains (2022). A brand-new bathroom was added in 2022, along with new flooring, interior doors, trim, and woodwork throughout. The kitchen has been completely renovated with new cabinetry and countertops (2022), complemented by updated bathroom vanities, modern lighting, and ceiling fans. Additional upgrades include a new hot water heater (2022) and high-impact windows installed throughout most of the home (2023–2024, with one exception).
In 2026, the home was further enhanced with enclosed lanai windows-transforming the space into additional year-round living area-a new 15' x 20' concrete patio slab, and a convenient exterior storage closet.
Step inside to an inviting open-concept layout featuring new flooring, stylish shiplap accent walls, and updated lighting throughout. The fully renovated eat-in kitchen is a standout, offering stainless steel appliances, custom cabinetry with under-cabinet lighting, solid surface countertops, a ceiling-height tile backsplash, and a spacious island perfect for dining and entertaining. A custom-built pantry adds exceptional storage and functionality.
Additional highlights include an insulated glass front door with keypad entry, updated bathrooms, and an indoor oversized stackable washer and dryer for added convenience. Several impact-resistant windows and new lanai windows enhance both safety and natural light. Optional furnishings-including bedding-may be included for a truly turnkey opportunity.
Ideally located just minutes from Warm Mineral Springs, approximately 20 minutes to Englewood Beach, and under 30 minutes to Venice Beach and Sharky's on the Pier, this home perfectly blends comfort, modern upgrades, and the best of Florida's coastal 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.
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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 5, 2026 | Price Decreased |
$215,000
↓ $4K
(1.8%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$219,000
↓ $6K
(2.7%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$225,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Apr 28, 2026 | Listed by RE/MAX PALM REALTY OF VENICE | $230,000 | |
| Listed by RE/MAX PALM REALTY OF VENICE | |||
| Mar 28, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017