134 PELICAN REEF Drive
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 7, 2020 | No longer available | - | |
| No longer available | |||
| Oct 7, 2020 | Sold | ||
| Sold | |||
| Aug 18, 2020 | Listed by ST AUGUSTINE REALTY | $1,495,000 | |
| Listed by ST AUGUSTINE REALTY | |||
| Sep 23, 2019 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,495,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Welcome home to sweeping views of the bayfront on St. Augustine's quintessential gated community, Pelican Reef. This custom-built home has 4 bedrooms, 3 baths and 2 half baths and is 3,775 square feet with a master bedroom downstairs. Enjoy relaxing and sensational sunsets from your private 103' dock with a 20' floating section.
This home has a fabulous open floor plan and beautiful rooms filled with natural sunlight. The kitchen, which is open to the family room and overlooks the pool and Bay, has custom solid oak cabinetry, gas range, stainless steel appliances and granite countertops. It is spacious, with a generous walk-in pantry/mud room, is surrounded by natural sunlight and will delight the finest of chefs. The master bedroom is intelligently designed with 11.9-foot ceilings and is situated on the main living level with a private deck and pool access. It is accented by a full wall of library bookshelves with adjoining ladder. The master bathroom has glass shower doors opening to an expansive standing shower. Just beside it is a step up garden tub with a view of the Bay, a large walk in closet, separate commode room and double sinks. Adjacent to the downstairs master bedroom is a den/bedroom which can function as an office, studio or space for a child's play room.
Walking in to the family room with wood burning fireplace views of the Bay and also with 11.9-foot ceilings, you'll find plenty of room for books, mugs, keys, tired feet and more...
The upstairs expansive wing offers an inviting and relaxing tower with a casual loft/reading room. There are 2 well-appointed bedrooms with a Jack and Jill bathroom, a romantic balcony (31.9 X 14.6) and view of the Bay and historic downtown St. Augustine.
Relax on one of two decks or your screened-in pool and patio area; perfect for cooking outdoors and entertaining family and friends.
A two car garage is oversized and will handle all the bikes, beach toys, motorcycles and more with lots of storage. There's plenty of parking on the ample driveway with adjacent car port and situated on a cul-de-sac.
All of this is offered in a beautiful lushly landscaped, over half an acre property on the Bayfront and designed hand in hand with Mother Nature and professional landscapers. The tropical landscaping, including banana trees, is meticulously maintained and complements every feature of the home. In addition, this home comes with a full house generator.
Location is everything and this home has everything in one location. The gated Community of Pelican Reef is conveniently located near public schools downtown St. Augustine, minutes from the Beach, shopping, transportation and private Clubs and Schools. It's a bike ride away from St. Augustine's open-air Amphitheatre, St. Augustine's Lighthouse Park and Anastasia State Park and Beach.
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| Nov 20, 2018 | Listed by ST AUGUSTINE REALTY | $1,495,000 | |
| Listed by ST AUGUSTINE REALTY | |||
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About St. Augustine
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017