$75,900
●
Land -
Off Market
109 SPANISH MARSH Drive
St Augustine, FL 32095
Studio
0 Bath
$102,601
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Come and build your dream home on this high & dry .28 acre lot. The
property is located in the Monterey section of the highly sought
after golf community of Palencia. The communities spectacular
amenities include 24 hour security gates, pools, tennis, pickle
ball courts, fitness center, nature trails, boardwalk to the
intracoastal, fishing dock and several recreational parks.
The HOA is amendable for lots that are combined. Fabulous A
rated schools. Community shops, restaurants, services and a Publix.
Minutes from historic downtown St. Augustine and easy commute to
downtown Jacksonville.
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$6
Year Built
-
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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 years ago (Real MLS #1066992)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by WATSON REALTY CORP | $75,900 | |
| Listed by WATSON REALTY CORP | |||
| Jul 12, 2012 | Sold | ||
| Sold | |||
| Oct 19, 2011 | Listed by WATSON REALTY CORP | $485,500 | |
| Listed by WATSON REALTY CORP | |||
| Feb 22, 2010 | Listed by DAVIDSON REALTY, INC. | $623,971 | |
| Listed by DAVIDSON REALTY, INC. | |||
| | |||
|
Arthur Rutenberg Montreaux model. All concrete block construction. Concrete roof tile. Brick paver driveway and walk.Impact windows. Tankless hot water.
16x16 ceramic tile. Granite counters in kitchen and master bath. GE Profile Energy Star kitchen appliances, gas.
All solid plywood constructed cabinets with maple doors.Heated spa & summer kitchen.
Home to be built upon contract. This home will be built and used as a model. It is available for sale and a lease back to the builder for a period of 18 months. The model will be furnished and furniture will be available for sale separately. The home will have an additional $8000 in Landscaping. Wood flooring in foyer, dining, great room, kitchen, morning room and den.
Raised panel cabinetry.Gas fireplace.
Blue motion slide system.
Wet bar in second floor loft
Stained hardwood stair tred
Floor plugs
Jetted Jacuzzi tub
$600 allowance for 3 pendant lights above counter
$1500 to enhanced standard bath tile
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About St. Johns
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Listed by: CAMMY RAY, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1066992
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 years ago
Data Source: Real MLS, MLS# 1066992
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