154 Lee Place
About This Property
The gourmet kitchen anchors the heart of the home on one end, offering distinctive touches like an eight burner, Cafe brand, dual gas/electric stove/range and a smooth-surface stucco vent hood, a refrigerator that blends into the custom cabinets, quartz countertops, and an expansive island. Enjoy singular details like a special cabinet with a lift for your mixer, a pantry carefully planned with cabinets and shelving, and a wine refrigerator, all situated in an easy to navigate kitchen.
Custom lighting delineates your generously situated dining area as you flow into the living room, bolstered by an interior statement fireplace offering smooth-surface stucco finish that travels all the way up to the vaulted ceiling. As you proceed from the living room, you step into a comfortably appointed screened-in-porch, situated with a cozy-fireplace, brick flooring, vaulted ceiling with cypress paneled accents, and wood trim, attention to detail that could make you forget this is an outdoor space. If you can pull yourself out of the porch, you are rewarded with a deck made for lounging, cooking, and dining, all overlooking a luxurious pool and spa.
The built-in barbecue is situated just off the additional exit from the house, connecting the kitchen to the outdoors through a sand/mud room with built-in-storage and benches for your beach bags and flip-flops. Conveniently connected to the laundry room and powder room, allowing convenient access back from the beach or pool. The gunite pool is the highlight of your outdoor space. The spa is level with the upper deck and screen porch, while the pool is just down the stairs. The pool with a lounging shelf and decorative fountains will provide relaxation and entertainment for anyone who has the pleasure of spending time in this eminent Seagrove Beach home.
The first floor is conveniently outfitted with the primary bedroom, a pocket office, one of the guest rooms, a bunk room, and a full guest bathroom. At every turn, you are greeted by custom finish, wood trim, crown molding, creative touches, and well thought out shelving, cabinets, and spaces.The second floor offers an expansive guest room with a built-in day-bed, a full bath, and an additional room that could serve as a sleep loft, craft space, or second office.
The owner-architect insight continues to the outside of the home into the oversized garage allowing space for an RV, a vehicle, and a golf cart, along with designated workshop space. A storage container lift makes transporting items up into the storage space above the garage a snap. This same space could also be finished into a one bedroom carriage house with living and kitchen. A concept of this space can be shared upon request.
Request a private showing and find your beach retreat in the heart of 30A.
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Cap Rate Calculator
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 13, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Price Decreased |
$1,995,000
↓ $300K
(13.1%) | |
| Price Decreased | |||
| Jan 23, 2025 | Price Decreased |
$2,295,000
↓ $55K
(2.3%) | |
| Price Decreased | |||
| Nov 16, 2024 | Listed by Compass | $2,350,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017