955 MORRISON AVENUE
About This Property
Discover this one-of-a-kind 4-bedroom, 3.5-bathroom home with an oversized 2-car garage and a separate 1-bedroom, 1-bathroom mother-in-law suite with its own living room and full kitchen-perfect for guests or rental income. Nestled on half an acre next to Lemon Bay Park, this home offers privacy, character, and a true Florida lifestyle. There is even a seasonal path that leads to the Lemon Bay Park.
Built on a raised stem wall, this bi-level home has no hurricane damage and exudes Old Florida charm. The welcoming front porch features a beautiful tongue-and-groove ceiling, setting the tone for the unique craftsmanship inside.
Step through the entryway with tile floors and be greeted by a formal living room (currently an office) with elegant crown molding, chair rail accents, and wood flooring. The primary suite on the first floor boasts large windows, a walk-in closet, carpet flooring, and an ensuite bathroom with a dual-sink vanity, step-in shower with seats, and luxury vinyl tile floors.
The heart of the home is the well-appointed kitchen, featuring an island, stainless steel appliances, and a cozy breakfast nook with a charming bay window. The spacious living room impresses with soaring ceilings, a decorative fireplace, and plush carpet. Upstairs, you'll find a second living area with a wet bar and walk-out balcony, plus two oversized bedrooms and a full bathroom with a tub/shower combo.
The outdoor space is a private oasis, featuring a raised deck overlooking the pool and spa, lush landscaping, and a boardwalk and sidewalk wrapping around the home.
Situated just minutes from Historic Dearborn Street in Old Englewood, you'll have easy access to boutique shopping, dining, and the public library. Plus, enjoy the beauty of Lemon Bay Park, offering serene waterfront views, nature trails, and kayak access to Lemon Bay.
This is a rare opportunity to own a spacious home in a prime location-schedule your private tour today!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Aug 13, 2025 | Price Decreased |
$675,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Aug 3, 2025 | Price Decreased |
$690,000
↓ $25K
(3.5%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017