496 20TH AVENUE
About This Property
74 feet of intracoastal view with dock. Stunning sunrise view plus beautiful view of the Belleair Bridge.
Prime opportunity for builders, investors, or homeowners looking to create their dream residence! This property offers a generous lot in a nice neighborhood, perfect for a custom new build. Conveniently located near, Beaches Restaurant's, Shopping, Parks, the site provides both privacy and accessibility. Bring your vision and imagination, properties like this don't come up often. Being sold as-is for land value.
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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 22, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | Listed by FUTURE HOME REALTY INC | $925,000 | |
| Listed by FUTURE HOME REALTY INC | |||
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About Indian Rocks Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017