10545 GREGORY AVENUE
About This Property
Enjoy peaceful country living surrounded by nature-yet still within easy reach of Florida's most popular destinations. This spacious lot provides the perfect setting for your dream home, weekend retreat, or future investment.
Zoned Open Rural (OR), the property allows site-built, modular, or manufactured homes, giving you flexibility to design the lifestyle you want. There's electric available nearby, and you'll enjoy the independence of your own well and septic system, creating a self-sufficient and private homestead.
The unpaved country roads add authentic charm to this quiet community, offering a slower pace of life-ideal for ATV riding, biking, or stargazing under Florida's vast night sky.
Outdoor lovers will appreciate being just minutes from Deep Creek and only 15–20 minutes from the St. Johns River, perfect for boating, kayaking, and world-class freshwater fishing. Crescent Lake and Dunns Creek State Park are also nearby for hiking and wildlife exploration, while Crescent Beach and St. Augustine Beach are an easy 40–45 minutes east when you crave sand and surf.
Conveniently located about 30–35 minutes from historic St. Augustine, roughly an hour from Jacksonville, and under two hours from Orlando, this property offers the best of both worlds-rural seclusion with quick access to city amenities and coastal adventures.
No HOA, no CDD, and no time limit to build! Bring your builder-or let us connect you with one-and create your own Florida retreat or long-term investment in one of the state's most affordable and fast-growing areas. Call today to secure your Real Life Paradise!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017