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906 SAGO PALM WAY
About This Property
Step outside to your private oasis featuring a sparkling pool and an expansive screened-in lanai, ideal for entertaining or simply soaking in the Florida sunshine year-round. Whether you're hosting guests or enjoying peaceful waterfront evenings, this outdoor space delivers.
Inside, the home has been thoughtfully and extensively upgraded, offering peace of mind and modern comfort. The entire home was completely rewired in 2025, including a brand-new electrical panel. Additional 2025 updates include a new water heater, pool pump, interior and exterior paint, updated tile flooring in the living room and guest bedroom, and fully remodeled bathrooms showcasing stylish finishes. The kitchen has been refreshed with new cabinetry and brand-new appliances, including a refrigerator and stove (2025), with a new dishwasher installed in 2026.
Major systems have also been addressed, including a 2020 AC system with a 10-year transferable warranty and a sewer line replacement completed in 2018 with a 25-year warranty. Hurricane-impact windows (2008) provide added protection and efficiency, while the removal of popcorn ceilings enhances the home's clean, modern aesthetic.
Surrounded by lush, mature landscaping, this property offers both beauty and function in one of Apollo Beach's most desirable waterfront settings.
Don't miss this rare opportunity to own a move-in ready canal-front home with Gulf access-where every day feels like a vacation.
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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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About Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017