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111 PORPOISE POINT Drive
About This Property
Step onto either deck & the world opens up, downtown St. Augustine stretching across the water, Nights of Lights shimmering in season, Fourth of July fireworks reflected on the bay, & sunsets that simply refuse to be ordinary. This is the view people build their lives around. The 2 story layout offers genuine versatility. Upstairs, a master suite, guest bedroom & 2 baths, hardwood floors, & generous windows that keep the water in constant conversation with the interior. Downstairs, a private 1 bedroom suite with kitchenette & living area offers a natural separation whether for extended family, visiting guests, or a rental income stream worth exploring.
An enclosed garage adds further flexibility for storage, a home gym, or a creative studio. The interior is ready for your vision. Bring your designer, your contractor, & your imagination as the bones are solid & the location is irreplaceable.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| May 16, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $1,175,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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About Villano Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017