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5140 Sandy Shores Drive
About This Property
Situated on a rare corner lot at the end of a peaceful dead-end road, this meticulously maintained Craftsman-style brick home offers an exceptional opportunity in a neighborhood where properties are increasingly hard to come by. Recently vacated and lovingly cared for, the condition of this home truly shines from the moment you arrive.
As you pull into the paver driveway, you'll immediately appreciate the impressive curb appeal featuring tropical landscaping, stone accents, stucco trim details, and elegant pebble-lined flower beds designed for easy maintenance. Every exterior detail was thoughtfully selected to create timeless coastal elegance.
Inside, this spacious floor plan offers four full bedrooms, a dedicated office, and three generously sized bathrooms. Tall ceilings, abundant natural light, crown molding, upgraded fixtures, and custom trim work throughout the home create a warm yet upscale atmosphere.
The main living areas feature durable wood-look tile flooring, perfect for both everyday living and high-traffic entertaining while still offering the beauty of hardwood aesthetics. The kitchen is beautifully designed with crisp white cabinetry, subway tile backsplash, stainless steel appliances, ample prep space, and a raised breakfast bar that comfortably seats four guests. The primary suite was thoughtfully designed with convenience in mind, including direct access to the oversized laundry room complete with cabinetry, drawers, and additional storage space. A custom designer mudroom offers the perfect drop zone for bags, shoes, and everyday organization.
The craftsmanship continues with tray ceilings, wood ceiling accents, upgraded fans, canned lighting, and carefully selected finishes throughout the home. Carpet is found only in the bedrooms for added comfort and warmth.
Step outside into your own private tropical retreat featuring a fully fenced backyard, lush landscaping, and a beautiful gunite pool ideal for relaxing or entertaining year-round. The backyard storage shed conveys as-is and provides additional convenience for tools, beach gear, or outdoor storage needs.
Homes in Soundside Shores rarely become available, especially with this level of quality, privacy, and thoughtful design. Conveniently located near top-rated schools, shopping, dining, and the beautiful beaches of the Emerald Coast, this property offers the perfect blend of luxury coastal living and everyday functionality.
Keep an eye out for the OPEN HOUSE DATES with a live musician coming to play!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017