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106 SANDPIPER Boulevard
About This Property
Island living east of A1A in a highly desirable non-HOA community, just steps from private beach access. This concrete block, first-floor home offers a bright, clean coastal vibe with strong curb appeal and a spacious, open living room filled with natural light-perfect for entertaining or unwinding after a day at the beach.
The remodeled kitchen features modern finishes, ample workspace, and a layout designed for both everyday living and hosting. This home offers a walk-in pantry with custom shelving. A rare three-car garage provides exceptional storage for beach gear, bikes, tools, and hobbies.
Outdoors, enjoy a swim spa that conveys for year-round relaxation, along with a charming and surprisingly spacious she-shed. The property also boasts a large parking area with plenty of room for RVs with a 50-amp connection, boats, trailers, or additional vehicles--an uncommon feature this close to the ocean. All of this is within walking distance to dining, coffee shops, and shopping, and just minutes from historic St. Augustine. Beachside freedom, space, and lifestyle come together here.
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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 |
|---|---|---|---|
| Aug 4, 2026 | Relisted | $879,499 | |
| Relisted | |||
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Decreased |
$879,499
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$889,499
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Feb 24, 2026 | Price Decreased |
$899,499
↓ $30K
(3.2%) | |
| Price Decreased | |||
Property Highlights
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About St. Augustine Beach
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$2,495 /mo
- 2 Beds
- 2 Baths
- 1,080 ft²
$4,800 /mo
- 3 Beds
- 2 Baths
- 2,381 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017