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517 AVERY AVENUE
About This Property
A flexible fourth bedroom with its own ensuite bath adds versatility. It is ideal for a home office, guest suite, or quiet studio tucked apart from the main living areas. Set in the golf-cart-friendly community of Crystal Beach, known for its laid-back rhythm and local charm, you're just steps from the famous Pinellas Trail and home to the best sunsets in Pinellas County. It's a rare blend of style, serenity, and freedom - with no HOA. One visit and you'll see why this property feels equally at home as a hidden getaway or a family haven along Florida's most charming stretch of coastline.
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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%.
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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.
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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 16, 2026 | Listed by THE REAL ESTATE RX BROKERAGE, LLC | $950,000 | |
| Listed by THE REAL ESTATE RX BROKERAGE, LLC | |||
| Oct 23, 2025 | Listed | $1,100,000 | |
| Listed | |||
| | |||
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NO FLOOD INSURANCE REQUIRED, HIGH AND DRY. Embrace the Crystal Beach lifestyle in this mid-century-inspired bungalow where resort-style outdoor living meets everyday comfort. Just one block from the Gulf, with water views from you front patio and directly across from a scenic park with a brand-new pier, this rare four-bedroom, three-bath home sits safely outside the flood zone and has remained untouched through recent storms. Zoned for A rated Palm Harbor School District.
Blending clean design with natural textures, the interior captures a warm, modern feel that’s both inviting and low-maintenance. Thoughtful updates — including new impact windows, dual-zone air conditioning with a recently replaced main unit, and updated mechanicals — offer everyday comfort and peace of mind.
Outside, the home unfolds into a private, spa-like retreat. The front and back yards have been fully reimagined with dog-friendly turf, stone hardscaping, and a heated pool and spa that flow together through a river-run spillway beneath an arched bridge. The setting is anchored by a stone fireplace lounge, surrounded by lush greenery and ambient lighting that transforms the space into a true boutique-style resort — perfect for entertaining or unwinding in complete privacy.
A flexible fourth bedroom with its own ensuite bath adds versatility — ideal for a home office, guest suite, or quiet studio tucked apart from the main living areas.
Set in the golf-cart-friendly community of Crystal Beach, known for its laid-back rhythm and local charm, you’re just steps from the famous Pinellas Trail and home to the best sunsets in Pinellas County. It’s a rare blend of style, serenity, and freedom — with no HOA. One visit and you’ll see why this property feels equally at home as a hidden getaway or a family haven along Florida’s most charming stretch of coastline.
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| Aug 29, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by THE REAL ESTATE RX BROKERAGE, LLC | $800,000 | |
| Listed by THE REAL ESTATE RX BROKERAGE, LLC | |||
| Nov 15, 1995 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017