1 OCEAN TRACE Road #236
About This Property
Spanish Trace is a small ocean front complex with amenites that include a pool, tennis courts, beach access, on-site laundry, and close to everything St.Augustine Beach has to offer.
Priced below appraisal.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 27, 2020 | Sold | ||
| Sold | |||
| May 23, 2020 | In contract | - | |
| In contract | |||
| Mar 31, 2020 | Listed | $315,000 | |
| Listed | |||
| | |||
|
Virtual Tour!!! Only Steps To The Beach...this Two Bedroom Condo Would Make A Perfect Home Or An Income Producing Vacation Rental. Offering Beautiful Ocean Views From The Balcony,A Kitchen Featuring Custom Cabinetry With No Shortage Of Storage,Living/Dining Room Combo,And Renovated Bathrooms. Located On The Second Floor With Wonderful Ocean Views. This Unit Is A Must See!,Spanish Trace Is A Small Ocean Front Complex With Elevator Access,Laundry On-site,Pool,Tennis Courts,And Close To Everything St.augustine Beach Has To Offer. Priced Below Property Appraisal. Buyer To Verify Measurements. The manager has listed the unit size as 1056 square feet.
| |||
| Dec 31, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/06/2024
|
2 Bed
|
2 Bath
|
1056 ft²
|
$619,000
2 Bed
2 Bath
1056 ft²
|
-
-
|
Noah Bailey
Keller Williams St Augustine
| |
|
05/30/2024
|
2 Bed
|
2 Bath
|
1056 ft²
|
$545,000
2 Bed
2 Bath
1056 ft²
|
-
-
|
Sherri Davies
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
05/01/2023
|
2 Bed
|
2 Bath
|
1056 ft²
|
$499,000
2 Bed
2 Bath
1056 ft²
|
$480,000
-3.81%
06/26/2023
|
GRETCHEN TERRITO
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
| |
|
01/23/2023
|
2 Bed
|
2 Bath
|
1056 ft²
|
$574,000
2 Bed
2 Bath
1056 ft²
|
$565,000
-1.57%
08/25/2023
|
JOANNE STOVAL
ENDLESS SUMMER REALTY
| |
|
01/08/2023
|
2 Bed
|
2 Bath
|
1056 ft²
|
$700,000
2 Bed
2 Bath
1056 ft²
|
$680,000
-2.86%
04/06/2023
|
NANCY ESTEVEZ
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
| |
|
03/03/2022
|
2 Bed
|
2 Bath
|
1056 ft²
|
$499,000
2 Bed
2 Bath
1056 ft²
|
$521,000
+4.41%
04/11/2022
|
KURT BOGART
ENDLESS SUMMER REALTY
| |
|
02/27/2022
|
2 Bed
|
2 Bath
|
1056 ft²
|
$509,000
2 Bed
2 Bath
1056 ft²
|
$505,000
-0.79%
04/11/2022
|
Logan Mosher
COLDWELL BANKER MM PARRISH
| |
|
10/15/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$310,000
2 Bed
2 Bath
1100 ft²
|
$296,000
-4.52%
12/23/2020
|
NON MLS
NON MLS
| |
|
10/05/2020
|
2 Bed
|
2 Bath
|
1056 ft²
|
$320,000
2 Bed
2 Bath
1056 ft²
|
$307,000
-4.06%
12/02/2020
|
TODD COLEMAN
ST AUGUSTINE COASTAL REAL ESTATE
| |
|
08/17/2020
|
2 Bed
|
2 Bath
|
1056 ft²
|
$320,000
2 Bed
2 Bath
1056 ft²
|
$317,000
-0.94%
11/24/2020
|
JAMES CULP
LOKATION
| |
|
08/05/2020
|
2 Bed
|
2 Bath
|
1056 ft²
|
$319,000
2 Bed
2 Bath
1056 ft²
|
$312,000
-2.19%
03/18/2021
|
NON MLS
NON MLS
| |
|
08/04/2020
| |
2 Bed
|
2 Bath
|
1056 ft²
|
$319,000
2 Bed
2 Bath
1056 ft²
|
-
-
|
-
|
|
07/29/2020
|
2 Bed
|
2 Bath
|
1056 ft²
|
$450,000
2 Bed
2 Bath
1056 ft²
|
$415,000
-7.78%
09/29/2020
|
NANCY ESTEVEZ
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
| |
|
06/08/2020
|
2 Bed
|
2 Bath
|
1056 ft²
|
$299,000
2 Bed
2 Bath
1056 ft²
|
$295,000
-1.34%
07/31/2020
|
Teresa Jacalone
Watson Realty Corp (US1 South)
| |
|
03/31/2020
|
2 Bed
|
2 Bath
|
1056 ft²
|
$315,000
2 Bed
2 Bath
1056 ft²
|
-
-
|
-
| |
|
01/23/2020
|
2 Bed
|
2 Bath
|
1056 ft²
|
$314,900
2 Bed
2 Bath
1056 ft²
|
$295,000
-6.32%
09/29/2020
|
NANCY DELELLIS
WATSON REALTY CORP
| |
|
09/06/2019
|
2 Bed
|
2 Bath
|
1056 ft²
|
$315,000
2 Bed
2 Bath
1056 ft²
|
$310,000
-1.59%
05/27/2020
|
KIMBERLY DEVLIN
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
| |
|
08/14/2019
|
2 Bed
|
2 Bath
|
1056 ft²
|
$289,900
2 Bed
2 Bath
1056 ft²
|
$295,000
+1.76%
07/31/2020
|
TERESA JACALONE
WATSON REALTY CORP
| |
|
06/28/2019
|
2 Bed
|
2 Bath
|
1056 ft²
|
$309,700
2 Bed
2 Bath
1056 ft²
|
$302,000
-2.49%
08/29/2019
|
MARGO MARSHALL
FLORIDA HOMES REALTY & MTG LLC
| |
|
04/01/2019
|
2 Bed
|
2 Bath
|
-
|
$339,000
2 Bed
2 Bath
|
$325,000
-4.13%
06/21/2019
|
NICHOLAS LINSER
ENDLESS SUMMER REALTY
| |
|
10/18/2018
|
2 Bed
|
2 Bath
|
1056 ft²
|
$2,890,000
2 Bed
2 Bath
1056 ft²
|
-
-
|
Ralph Harvey
ListWithFreedom.com
| |
|
11/27/2018
| |
2 Bed
|
2 Bath
|
1056 ft²
|
$319,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
-
|
|
07/19/2018
|
2 Bed
|
2 Bath
|
1056 ft²
|
$275,000
2 Bed
2 Bath
1056 ft²
|
$225,000
-18.18%
08/24/2018
|
NICHOLAS LINSER
ENDLESS SUMMER REALTY
| |
|
05/09/2018
|
2 Bed
|
2 Bath
|
1056 ft²
|
$279,900
2 Bed
2 Bath
1056 ft²
|
$275,000
-1.75%
10/23/2018
|
Teresa Jacalone
Watson Realty Corp (US1 South)
| |
|
10/12/2017
|
2 Bed
|
2 Bath
|
1056 ft²
|
$314,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
Teresa Jacalone
Watson Realty Corp (US1 South)
| |
|
08/30/2017
|
2 Bed
|
2 Bath
|
1056 ft²
|
$399,000
2 Bed
2 Bath
1056 ft²
|
$390,000
-2.26%
11/07/2017
|
MARGO MARSHALL
FLORIDA HOMES REALTY & MTG LLC
| |
|
08/20/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
-
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
| |
|
08/20/2017
| |
2 Bed
|
2 Bath
|
1054 ft²
|
-
2 Bed
2 Bath
1054 ft²
|
-
-
|
-
|
|
11/16/2016
|
2 Bed
|
2 Bath
|
1056 ft²
|
$299,700
2 Bed
2 Bath
1056 ft²
|
$274,000
-8.58%
01/25/2017
|
MARGO MARSHALL
WATSON REALTY CORP
| |
|
01/17/2014
|
2 Bed
|
2 Bath
|
1056 ft²
|
$268,000
2 Bed
2 Bath
1056 ft²
|
$225,000
-16.04%
05/27/2014
|
MERRY COBB
UNITED REAL ESTATE GALLERY
| |
|
08/30/2013
|
2 Bed
|
2 Bath
|
1056 ft²
|
$198,900
2 Bed
2 Bath
1056 ft²
|
$180,000
-9.50%
02/24/2014
|
MARGO MARSHALL
FLORIDA HOMES REALTY & MTG LLC
| |
|
01/01/2013
|
2 Bed
|
2 Bath
|
1056 ft²
|
$209,900
2 Bed
2 Bath
1056 ft²
|
$184,000
-12.34%
06/14/2013
|
Alene O'Connor
Watson Realty Corp (A1A)
| |
|
10/04/2011
|
2 Bed
|
2 Bath
|
1056 ft²
|
$209,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
Alene O'Connor
Watson Realty Corp (A1A)
| |
|
10/04/2010
|
2 Bed
|
2 Bath
|
1100 ft²
|
$229,900
2 Bed
2 Bath
1100 ft²
|
-
-
|
Stefanie Bernstein
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
07/27/2009
|
2 Bed
|
2 Bath
|
1056 ft²
|
$189,900
2 Bed
2 Bath
1056 ft²
|
$144,375
-23.97%
03/29/2010
|
ZACH MORGAN
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
| |
|
10/28/2007
|
2 Bed
|
2 Bath
|
1056 ft²
|
$259,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
HOWARD GARDNER
WATSON REALTY CORP
| |
|
09/12/2007
|
2 Bed
|
2 Bath
|
1100 ft²
|
$389,000
2 Bed
2 Bath
1100 ft²
|
$390,000
+0.26%
03/07/2008
|
SEAN HESS
SA REALTY
| |
|
02/09/2007
|
2 Bed
|
2 Bath
|
1056 ft²
|
$484,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
BOBBY STEVENS
MLS REALTY
| |
|
06/14/2006
|
2 Bed
|
2 Bath
|
1056 ft²
|
$399,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
HOWARD GARDNER
WATSON REALTY CORP
| |
|
06/13/2006
|
2 Bed
|
2 Bath
|
1056 ft²
|
$484,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
Regina Stevens
MLS REALTY
| |
|
01/27/2006
|
2 Bed
|
2 Bath
|
1010 ft²
|
$529,900
2 Bed
2 Bath
1010 ft²
|
-
-
|
Jennifer Robertson
The Realty Dot, Inc.
| |
|
05/20/2004
| |
2 Bed
|
2 Bath
|
1010 ft²
|
$320,000
2 Bed
2 Bath
1010 ft²
|
$320,000
05/24/2004
|
NON MLS
NON MLS
|
|
08/28/2003
|
2 Bed
|
2 Bath
|
1100 ft²
|
$320,000
2 Bed
2 Bath
1100 ft²
|
$300,000
-6.25%
09/23/2004
|
BETTY C KINYON
THE KINYON TEAM, LLC
|
Building Info
- 1 Unit for Sale
About St. Augustine Beach
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$2,500 /mo
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- 1,016 ft²
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017