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9724 SAGO POINT DRIVE
About This Property
With over 2,800 heated square feet, this home offers the bones that today's buyers are searching for: a true open floor plan, a formal dining room for entertaining, and a living room anchored by soaring 16-foot vaulted ceilings that flood the space with natural light. The primary suite is conveniently located on the main level, while the additional bedrooms and versatile loft upstairs provides flexibility for family, guests, or a home office. Outside, unwind in your private in-ground pool and jacuzzi - the ultimate Florida lifestyle centerpiece. A brand-new tile roof, completed in April 2025, means major capital improvements are already done, letting you focus your renovation budget where it counts. The Bayou Club itself is the draw - a 24-hour manned, guard-gated country club community built around Pinellas County's only Tom Fazio Signature Design golf course, an 18-hole championship layout woven through nearly 400 acres of oak-lined streets, lakes, and nature preserve.
Residents enjoy access to a private clubhouse with dining, a fitness center, tennis and pickleball courts, and a true "Old Florida" ambiance rarely found this close to the city. It's centrally located in Pinellas County - about 15 minutes to Gulf beaches and 20 minutes to downtown
St. Petersburg.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017