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9305 SPRING CIRCLE
About This Property
Built to withstand Florida's toughest conditions, this exceptionally well-constructed home offers unmatched durability, efficiency, and peace of mind. Featuring a long-lasting metal roof and impact-rated windows and doors, this property is designed for superior storm protection, energy efficiency, and potential insurance savings.
Power outages are no concern with the whole-home Generac standby generator, automatically keeping essential systems running when it matters most.
Constructed with a stem wall foundation and enhanced with spray foam insulation, this home provides added structural integrity, improved energy performance, and increased comfort year-round-setting it apart from typical construction.
Situated on a desirable corner lot, the property offers a fully fenced yard with durable metal fencing, perfect for privacy, pets, and security. Enjoy peaceful views of the South Gulf Cove canal system, delivering a coastal feel without the added expense and maintenance of direct waterfront ownership.
With major high-ticket upgrades already completed, this move-in-ready home eliminates costly future expenses and is ideal for full-time living, a seasonal retreat, or an investment opportunity.
This is the kind of property today's buyers are searching for-solid, secure, efficient, and ready to go.
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by RE/MAX PALM REALTY OF VENICE | $649,000 | |
| Listed by RE/MAX PALM REALTY OF VENICE | |||
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | Listed by RE/MAX PALM REALTY OF VENICE | $675,000 | |
| Listed by RE/MAX PALM REALTY OF VENICE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017