57
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220 MADRID Street
About This Property
Situated on a generous 100' x 100' homesite, this custom-designed, solid block construction residence offers three spacious bedrooms, two bathrooms, and a desirable open-concept floor plan designed for effortless coastal living. Filled with natural light, the home's inviting interior creates the perfect setting for gathering with family and friends while embracing the relaxed Florida lifestyle.
Outdoor living takes center stage with an impressive 56' x 28' paver patio featuring a built-in fireplace and private outdoor shower--an ideal retreat for entertaining, relaxing after a day at the beach, or enjoying cool coastal evenings under the stars. Thoughtfully upgraded and meticulously maintained, the home showcases soaring ceilings, wood flooring throughout the main living areas, epoxy-coated garage floors, privacy fencing, a paver driveway and walkway, a solar attic fan, and numerous additional enhancements that reflect pride of ownership throughout.
Freshly painted inside and out, this move-in-ready coastal gem offers the perfect blend of comfort, quality, and location. If you've been searching for a home that captures the very best of St. Augustine Beach living, your search may be over.
Where every day feels like a vacation, and the beach is just a short stroll away.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jun 20, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Listed by BERKSHIRE HATHAWAY HOME SERVICES FLORIDA NETWORK | $875,000 | |
| Listed by BERKSHIRE HATHAWAY HOME SERVICES FLORIDA NETWORK | |||
| Oct 9, 2003 | Sold | ||
| Sold | |||
| Apr 29, 2002 | Sold | ||
| Sold | |||
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About St. Augustine Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017