For sale
Residential income properties
FL
Sarasota
34241
7340 SILVER FERN BOULEVARD 5

Updated Villa in Gated Community

7340 SILVER FERN BOULEVARD 5, Sarasota, FL 34241

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For Sale

$349,000

Updated 3-bedroom villa with modern amenities in Sarasota, Florida.

Type:Condo/Townhome

Property size:

1,679 SF

Lot size:

0.05 Acres

Price / SF:

$207/SF

HighLights

Move‑in ready, updated 3‑bedroom, 2‑bath villa with bamboo flooring, smooth ceilings, and a designer kitchen featuring granite countertops and upscale appliances.
New roof and Hardy board exterior provide enhanced durability and value. Leaf guard system covered in COA fees.
Located in the highly desirable Bent Tree Hammocks III gated community known for mature landscaping and a peaceful setting.
Conveniently situated steps from the heated community pool.
Features formal living and dining rooms, a screened lanai, and an outdoor patio.
Spacious 2‑car attached garage with built‑in storage.

We can help!

Contact an agent

Lisa Bouck, PA

For Sale

$349,000

Updated 3-bedroom villa with modern amenities in Sarasota, Florida.

Type:Condo/Townhome

Property size:

1,679 SF

Lot size:

0.05 Acres

Price / SF:

$207/SF

Added:: Jan 31, 2025
Days on Market:: 513
Last Refresh:: May 19 at 9:26 pm

Property Features for 7340 SILVER FERN BOULEVARD 5

General Information

Standard status: Active
Size: 1,679 SF
Lot size: 0.05 Acres
Property subtype: Condo/Townhome

Building Details

Year Built: 1982

We can help!

Contact an agent

Lisa Bouck, PA

Listing office RE/MAX ALLIANCE GROUP

Listing date Jan 31, 2025

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ALLIANCE GROUP

HighLights

Move‑in ready, updated 3‑bedroom, 2‑bath villa with bamboo flooring, smooth ceilings, and a designer kitchen featuring granite countertops and upscale appliances.
New roof and Hardy board exterior provide enhanced durability and value. Leaf guard system covered in COA fees.
Located in the highly desirable Bent Tree Hammocks III gated community known for mature landscaping and a peaceful setting.
Conveniently situated steps from the heated community pool.
Features formal living and dining rooms, a screened lanai, and an outdoor patio.
Spacious 2‑car attached garage with built‑in storage.

Overview

This updated villa features 3 bedrooms and 2 bathrooms and is located in the Bent Tree Hammocks III community. The property includes bamboo flooring in the main living areas and smooth ceilings. The designer kitchen is equipped with granite countertops and upscale appliances, including a washer and dryer. There are formal living and dining rooms, a screened lanai, and an outdoor patio. A spacious 2-car attached garage offers built-in storage. The property has a newly installed roof, Hardy board exterior, and a leaf guard system. The Bent Tree Hammocks III is a gated community with mature landscaping and a heated community pool. The property is located near I-75, providing access to amenities in Sarasota. The property size is 1679 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$39.1k	$23.28
− Vacancy	−$2.1k	−$1.28
EGI	$36.9k	$22.00
− OpEx	−$16.6k	−$9.90
NOI	$20.3k	$12.10

1,679 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$290.2K

$254.0K – $338.6K (±1% cap)

NOI $20,316 @ 7.0% cap · market cap 5.82%

Second Best

—

no second resolved use

Theoretical Best

Office A

$493.7K

$432.0K – $576.0K (±1% cap)

NOI $34,562 @ 7.0% cap · market cap 9.90%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Location Insight

Map
Local Demand

City: Sarasota
County: Manatee
State: Florida
Longitude: -82.4230765
Latitude: 27.285772

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For sale
Residential income properties
FL
Sarasota
34241
7340 SILVER FERN BOULEVARD 5

What type of property is this?

Residential income property - Updated 3-bedroom villa with modern amenities in Sarasota, Florida.

Where is this residential income property located?

The property is located at 7340 SILVER FERN BOULEVARD 5 Sarasota, FL.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: Move‑in ready, updated 3‑bedroom, 2‑bath villa with bamboo flooring, smooth ceilings, and a designer kitchen featuring granite countertops and upscale appliances.; New roof and Hardy board exterior provide enhanced durability and value. Leaf guard system covered in COA fees.; Located in the highly desirable Bent Tree Hammocks III gated community known for mature landscaping and a peaceful setting.