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9029 Penelope Drive
About This Property
This 3-bedroom, 2-bath one level home 1,862 sq. ft. occupies a generous 11,223± sq. ft. lot with mature oaks, pines, and established landscaping. The home backs to the 18th fairway, so the living areas, primary suite, and screened lanai look out over rolling green, trees, and the course. A newer roof (about 8 years old) and beige stucco exterior make a well-cared-for first impression.
Step through the foyer-tile floors, transom light, and a distinctive wood arch-into an open living and dining space with high ceilings, ceiling fans, plantation shutters, and sliders to the lanai. The kitchen features white cabinetry, speckled quartz counters, a center island, breakfast bar seating, and a bright eat-in area. White appliances and ample storage make everyday living and entertaining easy.
The primary suite is anchored by a large window framing golf-course views. The ensuite has dual vanities, a garden tub, and a separate tiled walk-in shower with glass enclosure. The second bedroom is a traditional guest room. The third bedroom is a true flex space-already set up with desk space, shelving, and good light-so it works as a home office, hobby room, or extra guest room without giving up the 3-bedroom count. A guest bath with tub/shower combo and a laundry room with cabinetry complete the interior.
The home is being sold furnished, with exceptions.
The oversized 2-car garage plus extra room for a golf cart includes storage, a workbench area
Outdoor living is a highlight. The spacious screened lanai wraps the back of the house and includes an in-ground hot tub, dining area, grill, lounge seating, and unobstructed fairway views-ideal for morning coffee or a drink after a round.
Glen Lakes offers a 24/7 manned gate, privately maintained streets, a Ron Garl–designed 18-hole championship course, a 35,000-square-foot clubhouse with dining and the 19th Hole, junior Olympic-size pool, fitness center, tennis and pickleball, and an active social calendar. The community borders the Chassahowitzka National Wildlife Refuge and sits minutes from Weeki Wachee Springs and the Gulf.
Lawn care and irrigation maintenance are included in the HOA, so the grounds stay maintained without additional expense. Confirm current HOA services, fees, and any other covered items with the association.
Easy Florida living on a larger lot with prime golf-course position. Come see the views from the lanai and the primary suite window and imagine your mornings on the 18th.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017