121 CEDAR Street
About This Property
The land is located across the street from the Ice Plant.
Live in the best location in downtown St Augustine This parcels offers several business opportunities. Build your business or build town homes with daily rentals.
Just steps away from Flagler College, shopping, the historical area, and great restaurants.
Includes parcel IDs. .
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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 |
|---|---|---|---|
| May 15, 2021 | No longer available | - | |
| No longer available | |||
| May 12, 2021 | Listed | $750,000 | |
| Listed | |||
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Located On The Corner Of Riberia And Cedar Street Near The Established Ice Plant,This Commercial Lot Offers Several Business Opportunities. Residing A Few Minute's Walk From Historical Flagler College And The Casa Monica Hotel. This Area Is Prime Real Estate With An Abundance Of Activities Nearby. Numerous Art Galleries,Local Cuisine,And Live Music Are Just A Few Staples Found In Downtown St. Augustine. Alternative Land Uses And A Lot Survey Can Be Found In The Documents Section.,Investors Can Not Go Wrong With This Lot Since It Is Centrally Located In A Prime Real Location. It Is Just A Five Minute Drive To The Amphitheater For Trips To The Farmers Market Or To Watch Your Favorite Artist Put On A Show. Also,The St. Augustine Beach Is Less Than A Ten Minute Drive Away. You Do Not Want To Miss This Lot As It Will Go Quickly! Includes Parcel Ids. 203020-0000 See Opportunity Zone Under Documents
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| Apr 30, 2021 | Sold | ||
| Sold | |||
| Mar 5, 2020 | Listed by WATSON REALTY CORP | $1,050,000 | |
| Listed by WATSON REALTY CORP | |||
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Two lots for an unbeatable price located in downtown St. Augustine! You can find this land at the corner of 121 Riberia & 121 Cedar Street. This prime real estate is near the well established Ice Plant, a favorite of most locals and a high tourist stop. In addition, it is just a short walk away from historical Flagler College and the grand Casa Monica Hotel. This commercial lot offers several business opportunities and a location that can not be beat. This area is prime real estate with an abundance of activities nearby. Numerous art galleries, local cuisine, and live music are just a few staples found in downtown St. Augustine. Alternative land uses and a lot survey can be found in the documents section.
SEE OPPORTUNITY ZONE IN DOCUMENTS
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| Oct 11, 2019 | Listed by WATSON REALTY CORP | $750,000 | |
| Listed by WATSON REALTY CORP | |||
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About Lincolnville
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1020100
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