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20 Sandy Beach Road
About This Property
Main House: The six-bedroom, five-and-a-half-bathroom main residence offers a relaxed, functional layout for entertaining and vacationing: The first floor includes four bedroom suites, each with private bathrooms. These rooms range in style and feature two King Master Suites with views of the pool and Gulf, along with another King Suite and a children's bunk room with queen bunks and a queen trundle.
Upstairs, the open living area provides expansive Gulf views through large windows. This space includes a vaulted ceiling, comfortable seating, a dining area for eight, and a practical kitchen with two refrigerators and two dishwashersperfect for preparing meals for a crowd. Additional sleeping spaces on this floor include another King Master Suite and a guest room with queen bunks.
Guest Cottage: The charming guest house includes three bedrooms and two bathrooms:
On the first floor, you'll find a King Master Suite with access to a full hall bathroom and an open living area connected to the kitchen and dining space.
Upstairs, two Queen Guest Bedrooms share a full bathroom, offering privacy and comfort for additional guests.
Upgrades & Features: The property includes several recent updates for added convenience:
Trex decking and a pool deck remodel (2021)
New roofs (Main House: 2016, Cottage: 2023)
Tile flooring in the Cottage (2022)
Updated kitchens (2020), including built-in media-ready queen bunks installed in 2019
Additional Highlights:
Located on a private drive (Sandy Beach Road), with verified legal documentation ensuring privacy and towing for unauthorized parking.
Ownership extends to the mean high water mark, with supporting documentation available, offering significant Gulf-front property rights.
Seasonal beach service with three complimentary setups provides easy access to the stunning shoreline.
Endless Potential: Seaspray offers an exceptional opportunity as both a vacation retreat and an income-generating property. Its prime location, ample space, and desirable features make it an investment worth considering for those seeking to enjoy or profit from the Gulf Coast lifestyle.
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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 |
|---|---|---|---|
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Relisted | $4,650,000 | |
| Relisted | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$4,650,000
↓ $150K
(3.1%) | |
| Price Decreased | |||
| Apr 19, 2025 | Listed by Ocean Reef Realty Inc | $4,800,000 | |
| Listed by Ocean Reef Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017