10 LYDIA Lane
About This Property
Situated on nearly a third-acre lot in the sought-after Menendez Park community on Anastasia Island, this architect-designed residence offers privacy, character, and rare direct access into Anastasia State Park through a gated neighborhood entry. With more than 1,600 acres of protected beaches, tidal marshes, and dunes just beyond your gate, the setting is truly unmatched.
Designed and built by its original architect-owner, the home reflects thoughtful craftsmanship and enduring construction. Distinctive ceiling details -- including tray, rounded, and oval designs -- add architectural depth and interest throughout. The updated kitchen blends style and function, while a gas fireplace and whole-house generator provide comfort and peace of mind. The primary suite occupies the second floor, offering privacy and an elevated perspective. An additional upper-level ensuite space provides flexibility for guests, studio use, or private retreat. A sculptural spiral staircase connects the upper levels, serving as both functional design and architectural focal point.
At the top, a rooftop deck captures sweeping views and coastal breezes -- ideal for sunset evenings under the stars.
Outside, the expansive backyard framed by mature vegetation offers rare space for a pool or future expansion. A 20' x 30' basement -- almost unheard of on Anastasia Island -- provides exceptional storage, workshop, or creative space. Hurricane-impact windows on upper levels and custom Bahamian shutters complete this distinctive island property.
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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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $774,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017