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9272 ARRID CIRCLE
About This Property
Build your Southwest Florida dream home on this exceptional tip lot in the sought-after boating community of South Gulf Cove! Featuring an impressive 164 feet of seawall frontage and amazing panoramic views of the Zephyr Waterway, this property offers an outstanding setting for enjoying Florida's waterfront lifestyle.
South Gulf Cove features more than 55 miles of navigable canals with access through the lock system to Charlotte Harbor, where the Myakka and Peace Rivers meet, and onward to the Gulf of Mexico. Whether you enjoy boating, fishing, kayaking, or simply relaxing by the water, this location puts it all within reach.
Situated in a well-established neighborhood, the lot is just minutes from marinas, restaurants, shopping, beaches, golf, and outdoor recreation. There is no mandatory HOA. Optional community association membership is available for approximately $120 per year, along with access to an optional residents' boat ramp and the opportunity to join the local yacht club.
With its desirable tip-lot location, expansive water frontage, beautiful views, and excellent boating access, this is a rare opportunity to create your own waterfront retreat in one of Southwest Florida's most distinctive canal communities.
Situated in a well-established neighborhood, the lot is just minutes from marinas, restaurants, shopping, beaches, golf, and outdoor recreation. There is no mandatory HOA. Optional community association membership is available for approximately $120 per year, along with access to an optional residents' boat ramp and the opportunity to join the local yacht club.
With expansive water frontage, beautiful views, and excellent boating access, this is a rare opportunity to create your own waterfront retreat in one of Southwest Florida's most distinctive canal communities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Listed by FINE PROPERTIES | $150,000 | |
| Listed by FINE PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017