$493,990
●
House -
For Sale
109 GRAND LAKES Drive
St. Johns, FL 32259
3 Beds
2 Baths,
1
Half Bath
2,136 Ft²
$2,430
Est. Monthly
$4
HOA / Fees
About This Property
Lot 23 - The Sterling combines spacious first-floor living with
private second-floor retreats. The open-concept kitchen features a
large island overlooking the Great Room and dining area, creating a
flexible space for everyday living, family gatherings, or
entertaining. A breakfast nook offers a convenient spot for casual
meals, while the lanai extends the living area outdoors and fills
the home with natural light through expansive windows. Upstairs, a
versatile loft can serve as a playroom, home office, fitness space,
or media area. The owner's suite provides a peaceful retreat,
thoughtfully separated from the secondary bedrooms by the loft for
added privacy. With 2,135 square feet of well-designed living
space, the Sterling is ideal for active families. Located along the
St. Johns River, RiverTown offers resort-style amenities, scenic
parks, lakes, nature preserves, and miles of trails, fostering an
active and connected Northeast Florida lifestyle.
Unit Size
2,136 Ft²
Days on Market
52 days
Land Size
-
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
$4
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Real MLS #2165438)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Listed by MATTAMY REAL ESTATE SERVICES | $493,990 | |
| Listed by MATTAMY REAL ESTATE SERVICES | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Smart Thermostat, Walk-In Closet(s), Primary Bathroom - Shower No Tub
Appliances: Dishwasher, Gas Range, Microwave
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 2136
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Under Construction
Year Built: 2026
Waterfront Features: Pond
Levels: Two
Construction Materials: Fiber Cement, Frame
Patio and Porch Features: Covered, Patio, Rear Porch
Lot Features: Sprinklers In Front, Sprinklers In Rear
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Basketball Court, Clubhouse, Dog Park, Fitness Center, Jogging Path, Maintenance Grounds, Management, Park, Playground, Tennis Court(s), Children's Pool, Pickleball
HOA Fee: $53
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About St. Johns
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Listed by: MATTHEW BERKIS, MATTAMY REAL ESTATE SERVICES
Last Updated: 2 months ago
Data Source: Real MLS, MLS# 2165438
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 months ago
Data Source: Real MLS, MLS# 2165438
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