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102 ZORATOA Avenue
About This Property
A rare 1948 St. Augustine cottage with the kind of location investors and legacy-minded buyers chase for years. Tucked into Davis Shores just steps from the Bridge of Lions, this dual-living property delivers two separate income streams on one walkable, in-demand lot.
The main house is pure old-Florida charm -- original hardwood floors, a bright living space, 2 bedrooms and 1.5 baths, and a screened porch with peeks of the Intracoastal where morning coffee hits different. The private fenced backyard offers room to relax, garden, or entertain after a day at the beach.
The detached above-garage ADU was fully renovated in 2023 -- a true 1-bedroom studio with full bath, eat-in continental kitchen, and its own private fenced courtyard. Ideal for a short-term rental, long-term tenant, in-law suite, or guest quarters. Off-street parking serves both units independently. The investment story: Main house has a tenant in place through June. Add the ADU as a short-term rental and you've got a dual-income property in one of Northeast Florida's most rentable zip codes.
The location: Walk to Anastasia Island restaurants and local hot spots. Steps from the Bridge of Lions to historic downtown St. Augustine. Minutes to the St. Augustine Amphitheatre, Lighthouse, and the beaches that make this stretch of coast unforgettable.
Whether you're building a rental portfolio, looking for a smart 1031 exchange target, or searching for a family cottage that pays for itself between visits -- 102 Zoratoa is the one you hold for generations.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Relisted | $535,000 | |
| Relisted | |||
| Jul 8, 2026 | Price Decreased |
$435,000
↓ $100K
(18.7%) | |
| Price Decreased | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About St. Augustine
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017