101 BEACHSIDE Drive
About This Property
across Ponte Vedra Blvd from the Atlantic. This
0.32-acre lot (approx 13,922 sq ft) offers
exceptional view potential; a multi-story build could
capture ocean sunrises to the east and marsh
sunsets to the west. Currently mapped FEMA Flood
Zone X. Public water/sewer at the lot line;
community beach access; HOA approx 100/mo. At
the entrance to an established neighborhood
between the ocean and the protected Guana River
marshes/GTM Reserve. Minutes to South Ponte
Vedra Ocean Club; short drive to St. Augustine; top
rated St. Johns County schools. 10 ft FPL and
landscape/signage easements along entry frontage
per survey. Buyer to verify all details.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017