60
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149 MENENDEZ Road
About This Property
Light-filled interiors feature an open layout, wide-plank luxury vinyl flooring, upgraded six-inch baseboards, new interior doors, designer lighting, and curated champagne gold accents throughout. The kitchen is a showpiece with European-style cabinetry, Calacatta Gold quartz countertops, custom vent hood, porcelain apron-front sink, reverse osmosis system, pantry storage, beverage refrigerator, and premium Cafe and Samsung Bespoke appliances, including a smart refrigerator.
Both bathrooms have been completely reimagined with spa-inspired finishes, designer tile, custom vanities, backlit mirrors, upgraded fixtures, and thoughtful details including a bidet. Custom closet systems add functionality and storage throughout the home.
Extensive improvements include new hurricane-impact windows, HVAC, Rinnai tankless water heater, updated plumbing and electrical components, smart home technology, exterior security cameras, irrigation system, well pump, and artesian well.
Outdoor living is equally inviting with a screened lanai, paved dining patio beneath cafe lighting, fire pit area, tropical landscaping, and dedicated storage for bikes, beach gear, and outdoor equipment. The corner lot provides additional flexibility and potential for future improvements, subject to zoning and applicable approvals.
Located minutes from Anastasia State Park, the beach, St. Augustine Amphitheatre, marinas, restaurants, and historic downtown, the home offers exceptional access to the best of island living. Curated furnishings may be available under a separate agreement for buyers seeking a turnkey second home or investment opportunity.
The property has been included in the FEMA Flood Mitigation Assistance grant process, presenting potential future flood-resilience opportunities subject to final program approvals and requirements.
A rare opportunity to own a fully renovated Davis Shores home where the design, systems, and major improvements have already been completed.
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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.
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 |
|---|---|---|---|
| Jul 15, 2026 | Price Decreased |
$625,000
↓ $50K
(7.4%) | |
| Price Decreased | |||
| Jun 29, 2026 | Price Decreased |
$675,000
↓ $40K
(5.6%) | |
| Price Decreased | |||
| Apr 3, 2026 | Price Decreased |
$715,000
↓ $74K
(9.4%) | |
| Price Decreased | |||
| Mar 3, 2026 | Price Decreased |
$789,000
↓ $36K
(4.4%) | |
| Price Decreased | |||
| Jan 15, 2026 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $825,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
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About South Davis Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017