51
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110 OSPREY Road
About This Property
Every major system has been replaced: 2022 roof, 2020 HVAC with new ductwork, 2022 full replumb, new septic system and drain field, hybrid water heater, and solar attic vents. The 2022 interior renovation includes a remodeled kitchen with quartz countertops, updated bathrooms, luxury vinyl plank flooring throughout, fresh paint, and modern lighting -- light, bright, and beautifully done.
Saint Augustine South is one of St. Augustine's most beloved waterfront communities, featuring two boat ramps, a park, playground, tennis and basketball courts, a community center, and direct Intracoastal Waterway access. No mandatory HOA. No CDD fees. Flood Zone X -- no flood insurance required. Short-term rentals permitted, making this an ideal primary residence, vacation home, or investment property.
Minutes to St. Augustine Beach, Butler Beach, Crescent Beach, Historic Downtown, shopping, and dining in America's oldest city.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Relisted | $419,000 | |
| Relisted | |||
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $419,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
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About St. Augustine South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017