520 E Coast Drive
About This Property
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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.
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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Dec 1, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by WATSON REALTY CORP | $3,795,000 | |
| Listed by WATSON REALTY CORP | |||
| Aug 26, 2025 | Price Decreased |
$3,950,000
↓ $500K
(11.2%) | |
| Price Decreased | |||
| May 19, 2025 | Listed | $4,450,000 | |
| Listed | |||
| | |||
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Welcome to 520 East Coast Drive. Just a short walk to the pristine ocean and the vibrant Atlantic Beach Town Center, this stunning property offers the perfect blend of beachside tranquility and urban convenience. Step into a world of sophistication with this Smart Home, where cutting-edge technology meets luxurious living. Main House:
-5 bedrooms, 5 full baths, and 2 half baths
-Glass doored elevator
-First floor Owner's Suite
-4 Second floor bedrooms (2 Ensuite), 2 bedrooms with shared bath, bonus space with wet bar
-Third floor bonus spaces with wet bar, full bath and large overflow custom closet
Carriage House:
Full apartment with bedroom, full bath, kitchen and laundry
Extra Features:
-Chefs Kitchen with Viking gas cooktop, warming drawer, convection oven, Industrial size fridge, built in Sous Vide and hidden walk-in pantry
-First floor bar with 158 bottle wine fridge
-71 inch linear fireplace
-90-degree pocket sliders seamlessly connect indoor and outdoor spaces
-Multi level outdoor entertaining space with summer kitchen, motorized screens and waterfall feature
-Outdoor shower
-3 temperature controlled garages with custom storage, and workshop
-Indoor and outdoor security with cameras and smart entry
-EV charger
-Tankless water heaters
-First and second floor laundry
-Ballistic Film on windows
-Exceptional storage
This extraordinary property is not just a home; it's a lifestyle. With its prime location, luxurious amenities, and innovative technology, it offers everything you need for comfortable, elegant living.
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Property Highlights
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About Beaches
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$5,500 /mo
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$8,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017