35
Map
520 FAIRFAX LANE
About This Property
All the heavy lifting has already been done with major 2023 updates, including a new roof and updated plumbing lines. Relax knowing you have a newer water heater and a vinyl privacy fence around the spacious backyard and covered patio. Best of all, with no HOA or CDD fees, you have the freedom to use the space as your private retreat, a long-term home, or a high-performing short-term rental. Located just minutes from the Apollo Beach Marina, beloved waterfront restaurants, its very own community beach and preserve, local community parks, and quick routes to Tampa and St. Pete, it's ready for its next owner.
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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 |
|---|---|---|---|
| Jul 27, 2026 | Listed by REDFIN CORPORATION | $330,000 | |
| Listed by REDFIN CORPORATION | |||
| Oct 4, 2025 | Price Decreased |
$335,000
↓ $15K
(4.3%) | |
| Price Decreased | |||
| Sep 13, 2025 | Price Decreased |
$350,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Aug 5, 2025 | Listed | $359,900 | |
| Listed | |||
| | |||
|
Fully Renovated & Fully Furnished Apollo Beach Home – Turnkey Investment Opportunity!
Welcome to this beautifully updated and fully furnished home in the heart of Apollo Beach—perfect for investors, snowbirds, or anyone seeking a move-in-ready property with immediate income potential.
This stylish residence has been thoughtfully renovated from top to bottom, featuring a brand-new roof, new water heater, luxury vinyl plank flooring throughout (no carpet), and fresh interior and exterior paint for a modern, clean look.
The contemporary kitchen shines with new shaker-style cabinets, new quartz countertops, and a spacious breakfast bar, ideal for entertaining. You'll also appreciate the new fans, lighting fixtures, and blinds throughout the home. Both bathrooms have been completely transformed with new vanities, toilets, tub, and walk-in shower.
Step outside to enjoy a covered patio and generous backyard with brand-new vinyl privacy fencing, perfect for relaxing or hosting guests.
Whether you’re looking for a primary residence, vacation home, or rental property, this one checks all the boxes. Vacant, comes fully furnished and ready to generate income immediately — start renting from day one!
Plus, there are NO HOA fees, NO CDD, and no community restrictions. Conveniently located near I-75, Hwy 41, grocery, shopping, dining, and the beautiful Gulf Coast beaches.
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| Aug 5, 2024 | Sold | ||
| Sold | |||
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About Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017