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Map
47 & 49 SANDPIPER CIRCLE #4749
About This Property
Just imagine the possibilities! **EACH side features an incredible 1,320-square-foot unfinished basement**, a true gem and something extremely rare in Florida!
Each unit has underwent *updates through the years in one variation or another (kitchen,baths, windows, paint etc )
For added peace of mind, insurance is made easier with the **2015 architectural roof**, which still has plenty of useful life remaining. The **HVAC systems are from 2018/2019**.
Parking is also extremely convenient, with **each unit featuring a TWO-CAR GARAGE .
Each side features **private balconies overlooking a peaceful wooded area**.
**NO HOA! NOT IN A FLOOD ZONE!**
Each basement also features a **covered, open-concept patio with a concrete floor**, perfect for relaxing and enjoying the space.
And again, since **each basement is 1,320 square feet**, this duplex offers approximately **5,280 total square feet**! This provides a huge blank canvas ready for a little imagination, with endless possibilities for the basement areas: convert them into additional storage, a *man cave* or *she shed*, recreation area, workshop, office, or even explore, through the proper permitting and approval processes, the possibility of adding a **third or fourth living space**!
Each side has its **own electric meter and its own water meter**.
With **EXCELLENT AND CONSISTENT RENTAL HISTORY** these desirable units don't typically stay available for long and are easy to rent in virtually any market.
**Both parcels are included in the sale:**
#4220-09-00-0350 and #4220-09-00-0351.
Fantastic location, less than **10–15 minutes from the beaches, excellent restaurants, shopping, hospitals, and great schools**. **Hass Park**, located literally behind the property, offers excellent nature walking and biking trails.**Prefered lender is offering up to 7,000 in concessions towards buyers closing costs ,prepaid expenses, or other allowable costs with qualifying loan products.
All information contained herein is deemed reliable; however, accuracy is not guaranteed. Buyers and their agents are responsible for conducting all appropriate due diligence.
Listed By
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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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$484,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$499,900
↓ $19K
(3.7%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by LPT REALTY LLC (PALM COAST) | $519,000 | |
| Listed by LPT REALTY LLC (PALM COAST) | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/26/2022
| |
Studio
|
-
|
2640 ft²
|
$519,900
Studio
-
2640 ft²
|
$485,000
-6.71%
07/08/2022
|
Ralph Padgett
New Edge Realty
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017