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103 SUNSET LANE
About This Property
Designed by acclaimed architect H. Patterson Fletcher, this distinctive home embodies Frank Lloyd Wright–inspired principles, celebrating harmony with nature, fluid open spaces, and an abundance of natural light. Custom-built and solidly constructed, it occupies an expansive walled lot mere steps from the shoreline-offering the rare canvas to envision a private pool and bespoke outdoor sanctuary.
Spanning three thoughtfully appointed levels, the 3-bedroom, 2.5-bath residence with bonus room welcomes guests through a gracious foyer, with an oversized garage below providing exceptional storage. Within, vaulted ceilings and an expansive wall of sliding glass doors bathe the living room in soft, filtered light while framing serene views of swaying palms and shimmering Gulf waters. Off the living area sliders open to a generous elevated screened lanai-an inviting setting for languid afternoons, twilight gatherings, and al fresco dining.
The open-concept kitchen and living area flow together effortlessly, anchored by new appliances, a polished granite island, custom solid-wood cabinetry, and a double sized skylight that draws the sky inside. The primary suite offers a private balcony beyond its own wall of sliders, complemented by a spacious en suite bath and dual walk-in closets.
The upper level is a study in versatility-an adaptable retreat featuring two distinct sleeping areas and a full bath, accommodating visiting family and friends with comfort and privacy. When not hosting, the space transforms effortlessly into a den, library, home office, or creative studio. Wraparound windows and a rooftop deck reveal sweeping water and treetop panoramas-an ideal vantage for sunrise coffee, golden-hour cocktails, and starlit evenings.
While poised for cosmetic refinement, this residence's architectural provenance, enduring construction, generous grounds, and incomparable location make it an extraordinary canvas for a true luxury beach retreat.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2026 | Price Decreased |
$2,395,000
↓ $300K
(11.1%) | |
| Price Decreased | |||
| Nov 8, 2025 | Listed by DUNCAN REAL ESTATE, INC. | $2,695,000 | |
| Listed by DUNCAN REAL ESTATE, INC. | |||
| Jun 8, 1995 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017