20 SPANIARDS ROAD
About This Property
Recent improvements include a new roof (2023), new septic system, all new appliances, a remodeled kitchen, and an updated bathrooms. The freshly painted interior creates a bright and inviting atmosphere, while the home's unique setting provides a peaceful escape surrounded by lush tropical landscaping.
Outdoor living is a standout feature, with over 700 square feet of covered patio space and more than 500 square feet of additional open patio areas-perfect for entertaining guests, enjoying your morning coffee, or relaxing in your own private oasis.
Located in the sought-after Cape Haze area, you'll enjoy convenient access to Boca Grande, marinas, golf courses, public boat ramps, waterfront dining, world-class fishing, and some of Southwest Florida's most beautiful beaches.
Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this property offers an exceptional combination of privacy, updates, outdoor living, and location.
Schedule your private showing today and experience the Florida lifestyle you've been searching for.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Relisted | $499,900 | |
| Relisted | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by RE/MAX PALM REALTY OF VENICE | $499,900 | |
| Listed by RE/MAX PALM REALTY OF VENICE | |||
| Apr 11, 2025 | Listed by PLACE IN THE SUN REAL ESTATE, LLC | $570,000 | |
| Listed by PLACE IN THE SUN REAL ESTATE, LLC | |||
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This classic mid century modern house retains the original charm with exposed beams and terrazzo floors throughout. The kitchen and primary bath are fully remodeled with high quality fixtures and finishes. The natural light in the open concept entry /dining room / living room allows a cozy feeling and helps blend the inside with the gorgeous mature landscaping surrounding the home. Outside you will find a well manicured area with a variety of unusual botanical specimens and other tropical flora. The lot is expansive and includes area behind the fence that has many possibilities. The home is hardened with a new roof in 2024 and Lexan panels to protect all the windows and doors in the event of a storm. The Cape Haze Property Owners Association is an optional group offering access to some local amenities. The local area boasts plentiful outdoor activities such as fishing, boating, golf, and miles of sandy beaches in both directions.
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| May 6, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017