506 TWENTIETH Street
About This Property
House is built 2019 and almost two blocks away from either side of the Tolomato River and Atlantic Ocean. Home has separate apartment/ bonus home 1/1 1/2 bath above oversized detached garage. This two-story home has 5 bedrooms and 4 full baths and 2 half baths including the apartment above detached oversized garage.
Engineered wood flooring is throughout, all bathroom vanities and kitchen countertops and kitchen island have luxurious granite tops. Kitchen has Viking brand 6 burner gas cooktop/range with double oven and has drop-down stainless-steel range hood, stainless steel one compartment farm kitchen sink and custom-made Frigidaire Professional double fridge.
All bathrooms' shower and bathroom walls are used ceramic tiles. Roof is metal and has more than 30 years warranty on it.Gas line provides energy for the kitchen oven and the water heater. Property has strong insulation therefor energy bills for this immaculate home very low and efficient.
Also property has outside shower and RV hook up ready.
Property has enough room for a pool as well.
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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 |
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| Jan 23, 2025 | Listed | $1,650,000 | |
| Listed | |||
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Discover the epitome of refined coastal living in this exquisite pool home, perfectly situated in the heart of Vilano Beach. Nestled just two blocks from the Intracoastal Waterway and the pristine sands of the Atlantic Ocean, this property offers an unparalleled lifestyle in one of the area's most coveted locations. Built in 2019 on a generous double lot (100x100), this two-story masterpiece seamlessly blends modern luxury with timeless coastal charm, making it ideal as a primary residence, second home, or investment property. Offered fully furnished and in turnkey condition, this home is ready for immediate enjoyment. The main residence boasts 4 spacious bedrooms, 3.5 baths, and an open-concept design that flows effortlessly from the chef's kitchen to the living and dining areas, culminating in easy access to the backyard oasis. The gourmet kitchen is a showstopper, featuring a Viking 6-burner gas cooktop with a double oven, a sleek stainless steel range hood, a custom Frigidaire Professional double fridge, and a stunning kitchen island with luxurious granite countertops. Engineered wood flooring throughout the home and ceramic-tiled bathrooms with expertly crafted vanities add to its sophisticated allure. Beyond the main residence, an oversized detached garage accommodates up to six cars in a tandem configuration and includes a private 1-bedroom, 1.5-bath apartment. This bonus space, complete with a generous living area, is perfect for guests, a rental opportunity, or a secluded retreat. Step outside and be captivated by the brand-new, sparkling pool, which transforms the backyard into a private sanctuary for relaxation and entertaining. With strong insulation and a gas line powering the water heater and kitchen appliances, this home is as energy-efficient as it is beautiful. Located in the heart of Vilano Beach, this property offers unparalleled access to breathtaking sunrises, kayaking adventures, and vibrant coastal dining. Whether you're seeking a luxurious escape or a lucrative investment, this home is your perfect choice. Schedule your private showing today and experience the ultimate in coastal living!
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| Sep 29, 2021 | Sold | ||
| Sold | |||
| Apr 30, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,075,200 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017