$628,000
●
House -
Off Market
11 MARY Street
St. Augustine, FL 32080
2 Beds
1 Bath
1,049 Ft²
$869,042
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Make yourself a drink, sit back, and enjoy the almost 180 degree
views of the Atlantic Ocean from your NEWLY RENOVATED beach
cottage. Built in 1965 and beautifully updated/renovated in 2019,
this single story home is constructed from mostly block and is just
200 short steps from toes in the water. The inside of the home is
flooded with natural light from those early morning sunrises
pouring in through the large hurricane/Impact windows (installed
2019). Walking in you are greeted with up to date upgrades such as
luxury vinyl floors and quartz countertops throughout. Living here
gives you the option to enjoy the ocean views from the protection
and comfort of your sitting area inside or outside on your spacious
deck. Located in flood zone X this home is HIGH and DRY and ready
to be yours. Upgrades include, but are not limited to: New
Hurricane/Impact windows(2019), New Aluminum roof(2019), Updated
kitchen, bath, flooring, stainless steel appliances, interior
doors, exterior doors (hurricane rated), New A/C, handler inside
and thermostat (2020). Outside re-stucco (2019). Foundation repair
stabilizations/installed 6 jacks by Alpha Foundations.
Home currently operates as a successful AIRBNB!
Home currently operates as a successful AIRBNB!
Unit Size
1,049 Ft²
Days on Market
74 days
Land Size
-
Price per sqft
$620
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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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: 10 months ago (Real MLS #1067399)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2020 | Listed by MOMENTUM REALTY | $649,900 | |
| Listed by MOMENTUM REALTY | |||
| Jul 30, 2019 | Sold | ||
| Sold | |||
| Jul 24, 2017 | Listed by WATSON REALTY CORP | $540,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
|
OCEAN FRONT LIVING! It's all about the beach. Here is a great location to experience all that you may have dreamed for your lifestyle. You can hear the waves and see the sand and surf anytime you look. The sunrises are continually changing and just by being here, you are living the mood that the ocean gives to you each moment. To stroll on the beach in early morning when you may be alone, and finding what the waves have brought in, is close to paradise.
You are living in Historic Butlers Beach and are close to Saint Augustine Beach and all that offers: great shopping, restaurants, nightlife and sightseeing in America's Oldest City. There is a nice cottage on the property that you can rent or live in until you build. This also assures you of existing utilities. Invest in your Dreams!
| |||
| Jul 11, 2017 | Listed by WATSON REALTY CORP | $499,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
|
OCEAN FRONT LIVING It's all about the beach. One of the best ocean views along the Saint Augustine coastal area. A great location to experience all that you may have dreamed for your lifestyle. This property is in Flood Zone X and is High and Dry. You are in historic Butlers Beach and close to all Saint Augustine has to offer. There is a cottage on the property but is not included in this property offering and is ''AS-IS'' with no seller commitment for repairs. Picture your dream home in this wonderful location with unlimited views of the Atlantic Ocean and the ocean in front of you. There is a 2 bedroom/1.5 bath 1059 SF concrete block home on the property. This assures you that you already have water, electricity and septic on your property when you are ready to build. This is an investment for your dream; to build that lifestyle in a wonderful location where you can feel complete.
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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HOA + Taxes
About Butler Beach
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Listed by: SCOTT BABBITT, MOMENTUM REALTY
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 1067399
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: 10 months ago
Data Source: Real MLS, MLS# 1067399
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