Back to Search

For sale
Residential income properties
FL
Sarasota
34238
4230 CASTLEBRIDGE LANE 1821

Spacious Condo Near Siesta Key

4230 CASTLEBRIDGE LANE 1821, Sarasota, FL 34238

View on Map

For Sale

$295,000

Move-in ready condo with updated features and community amenities.

Type:Condo/Townhome

Property size:

1,604 SF

Price / SF:

$183/SF

HighLights

Largest Chateau model floor plan with 1604 sq ft and soaring two‑story ceilings.
Prime location: close to Siesta Key and Legacy Trail, near Sarasota Square Mall, Costco, YMCA, theatres and dining.
Two covered carports.
New AC installed May 2024.
Gated community with junior Olympic‑sized heated pool, hot tub/spa, tennis/pickleball, basketball, and BBQ area.
Updated kitchen and baths feature granite countertops.

We can help!

Contact an agent

Robert Agnello

For Sale

$295,000

Move-in ready condo with updated features and community amenities.

Type:Condo/Townhome

Property size:

1,604 SF

Price / SF:

$183/SF

Added:: Jan 23, 2025
Days on Market:: 532
Last Refresh:: May 19 at 8:54 pm

Property Features for 4230 CASTLEBRIDGE LANE 1821

General Information

Standard status: Active
Size: 1,604 SF
Property subtype: Condo/Townhome

Building Details

Year Built: 1999

We can help!

Contact an agent

Robert Agnello

Listing office COLDWELL BANKER SARASOTA CENT.

Listing date Jan 23, 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 COLDWELL BANKER SARASOTA CENT.

HighLights

Largest Chateau model floor plan with 1604 sq ft and soaring two‑story ceilings.
Prime location: close to Siesta Key and Legacy Trail, near Sarasota Square Mall, Costco, YMCA, theatres and dining.
Two covered carports.
New AC installed May 2024.
Gated community with junior Olympic‑sized heated pool, hot tub/spa, tennis/pickleball, basketball, and BBQ area.
Updated kitchen and baths feature granite countertops.

Overview

This Chateau model condo, the largest floor plan in Pinestone Palmer Ranch, offers 1604 square feet of living space. The property features soaring two-story ceilings and a spacious master bedroom suite. The open and airy layout provides generous closet space and storage. A new AC unit was installed in May 2024, and the appliances have been updated. Ceramic tile is laid diagonally throughout the main living area, while the master bedroom has bamboo floors. Granite countertops are featured in the kitchen and bathrooms. The unit is in clean, move-in condition and includes two covered carports. Pinestone is a gated community with a junior Olympic-sized heated pool and hot tub/spa. Additional amenities include lighted tennis and pickleball courts, a basketball court, bicycle stands, and a BBQ/picnic area. The clubhouse offers a fitness center, billiard and card rooms, a library, and a private 32-seat movie theatre. The condo is located approximately 1/2 mile from Sarasota Square Mall, Costco, YMCA, theaters, and dining, and is close to Siesta Key and the Legacy bike/walking trail. Furnishings are available.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$37.3k	$23.28
− Vacancy	−$2.1k	−$1.28
EGI	$35.3k	$22.00
− OpEx	−$15.9k	−$9.90
NOI	$19.4k	$12.10

1,604 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$277.3K

$242.6K – $323.5K (±1% cap)

NOI $19,408 @ 7.0% cap · market cap 6.58%

Second Best

—

no second resolved use

Theoretical Best

Office A

$471.7K

$412.7K – $550.3K (±1% cap)

NOI $33,018 @ 7.0% cap · market cap 11.19%

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: -82.4848904
Latitude: 27.2312866

Nearby Similar for Sale

$9,700,000

9,313 SF

Mixed-Use Building with Restaurant Lease

Two-story mixed-use building on a corner lot with a leased ground-floor restaurant and city-approved vertical expansion.

40 S BLVD OF THE PRESIDENTS, SARASOTA, FL 34236

View Details
$4,450,000

20,018 SF

Sarasota Medical Office on U.S. 41

High-visibility medical office building on a major Sarasota thoroughfare.

2426 S TAMIAMI TRAIL, SARASOTA, FL 34239

View Details
$3,790,000

13,428 SF

Sarasota Multifamily Investment Opportunity

Thirteen-unit multifamily property with updated units and covered parking.

3700 BENEVA ROAD, SARASOTA, FL 34232

View Details
$450,000

9,882 SF

Profitable Coastal Rental Business Opportunity

Turnkey coastal rental business with immediate cash flow and growth potential.

2239 15TH STREET, SARASOTA, FL 34237

View Details
$1,499,000

2,391 SF

20.49 Acres Bordering Myakka River

Pristine acreage bordering Myakka River State Park.

4090 CARLTON ROAD, SARASOTA, FL 34240

View Details
$550,000

1,935 SF

Flex Condo with 22-Foot Ceilings

Class B light industrial flex unit with front office, mezzanine space, and a rear 12-foot roll-up door.

6321 POTER, SARASOTA, FL 34240

View Details
$1,499,999

1,370 SF

Sarasota Mixed-Use Income Opportunity

Rare commercial/residential property in the heart of Pinecraft.

3351 BAHIA VISTA STREET, SARASOTA, FL 34239

View Details
$3,295,000

4,625 SF

Showroom, Warehouse and Outdoor Display

Freestanding showroom, office, warehouse, and outdoor display on a corner lot with ILW zoning.

4343 Clark Rd, Sarasota, FL 34233

View Details
$599,000

1,605 SF

Duplex Short-Term Rental Property

Well-maintained duplex home currently used as a short-term rental, offering an established setup and flexible owner-occupant use.

4925 REMINGTON DRIVE, SARASOTA, FL 34234

View Details
$3,195,000

1,803 SF

Siesta Key Income-Generating Duplex

Renovated duplex on Beach Road, Siesta Key. Turnkey investment.

527 BEACH ROAD, SARASOTA, FL 34242

View Details
$650,000

1,550 SF

Duplex With Two Units

Duplex offered as-is on a residential lot, with flexibility to restore or rebuild for a coastal-oriented income setup.

3615 HIGEL AVENUE, SARASOTA, FL 34242

View Details
$4,600,000

5,795 SF

Downtown Sarasota Mixed-Use Building

Commercial building in prime downtown location with development potential.

1219 1ST STREET, SARASOTA, FL 34236

View Details

For sale
Residential income properties
FL
Sarasota
34238
4230 CASTLEBRIDGE LANE 1821

What type of property is this?

Residential income property - Move-in ready condo with updated features and community amenities.

Where is this residential income property located?

The property is located at 4230 CASTLEBRIDGE LANE 1821 Sarasota, FL.

What is the asking price?

The asking price for this property is $295,000.

What are key features of this property?

This property features: Largest Chateau model floor plan with 1604 sq ft and soaring two‑story ceilings.; Prime location: close to Siesta Key and Legacy Trail, near Sarasota Square Mall, Costco, YMCA, theatres and dining.; Two covered carports.