1109 DORADO Drive
About This Property
Move-in ready, thoughtfully updated, and located in one of St. Augustine's most beloved communitiesthis home delivers exceptional value and effortless charm.
Enjoy the tranquil, tree-lined streets of St. Augustine Shores, where every morning feels like an invitation to slow down and savor life. Wander along peaceful nature trails, breathe in the fresh coastal air, and let the scenic waterfront pier along the Intracoastal become your go-to spot for fishing, daydreaming, or simply soaking in the view.
Residents can embrace an easygoing, active lifestyle with tennis courts, a welcoming optional community pool perfect for families (separate affordable membership), and even a public golf course right inside the neighborhood. Sidewalks wind through the community, connecting you to nearby parks and creating a sense of openness and ease that makes every stroll feel special.
All of this unfolds just minutes from shopping, dining, and the timeless charm of historic downtown St. Augustine. With zoning for highly rated schools, including Hartley Elementary, this location blends comfort, convenience, and the very best of outdoor living into a place that feels instantly like home.
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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.
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About St. Augustine Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017