1025 INVERNESS Drive
About This Property
A grand foyer with 12-foot ceilings and custom-cased doorways opens to light-filled living spaces with tile floors, tray ceilings, and expansive windows. The home offers three bedrooms, a dedicated office, a formal dining room with built-ins, and extensive trim throughout. The kitchen features double ovens, a custom pantry, and a breakfast nook with built-in seating.
A standout extended covered lanai is ideal for entertaining and enjoying the tranquil setting. The owner's suite includes two walk-in closets and a distinctive dual-bath layout with two private toilets, dual vanities, a soaking tub, and a separate shower. Additional highlights include a laundry room with a sink and an EV-ready garage outlet. Cascades at World Golf Village provides security, comfort, convenience, and peace of mind by way of:
24/7 state-of-the-art virtual security system access and monitoring with fob entry into all facilities
On-site landscaping services and irrigation maintenance
Full-time Management Company services assisting with the day-to-day operations and on-site maintenance
On-site Amenities Center Events Coordinator
5-member volunteer board of Directors (elections held annually)
No CDD fees
Our Amenities Center/Clubhouse is a 22,000 square foot facility that, once you enter the spacious lobby, includes the following:
Grand ballroom with a performance stage
Prep kitchen
Billiards and darts room
Poker room with flat screen TV
Card and game rooms
Library/Media room with flat screen TV
Arts & Crafts room with two ceramic kilns
Learning Center/Computer room
Our Sports & Leisure Facilities are like no other adult, active community in St. Augustine. It includes:
Heated indoor pool
Outdoor pool & patio area with tables & chairs, chaise lounges, umbrellas, hot tub and covered party pavilion equipped with TV, grill, refrigerator, counter and storage spaces
Enjoy over 4 miles of sidewalks for walking, jogging and/or biking as well as the beautiful path around Blue Heron pond
Tennis courts (3 Har-Tru) *
Pickleball courts (6) *
Bocce courts (2) *
Shuffleboard courts (2) *
Croquet court (1)
Putting green (1) *
* Many of the courts have lighting, allowing for both day and evening use
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Price Decreased |
$555,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Mar 8, 2026 | Relisted | $565,000 | |
| Relisted | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
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About World Golf Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017