135 MARINE Street
About This Property
Take a moment to enjoy the accompanying video providing breath-taking views of each room with their perfect furnishings and unique accoutrements including the iron koi stairway posts from the estate of Betsy Roosevelt Whitney, the hand crafted inlaid wood doors from Aristotle Onassis' NYC apartment, and sculpture centerpiece for the Study, "ex Nihilo" working model, created by renowned sculptor Fredrick Hart - this home truly has it all with a personal history to captivate all who enter.
This exceptional home has many utilitarian aspects which are equally as valuable as the afore-mentioned artworks and designer influences. Those impressive aspects include an 11.9 ft elevation with the first floor being solid concrete block; a Solar Energy System with 40 panels resulting in electric bills averaging $250 per month for the full year; Control4 Home Automation/Entertainment/Lighting System throughout; Battery backup and Generac Generator; 2016 bulkhead; Trex-type decking, dock with wrapped pilings, a 20,000lb capacity no profile boat lift and separate floating dock; 4 AC units; Kinetico water softener and separate water purifier; metal roofs with copper downspouts; hurricane impact windows and doors; Rhino flooring in the garage; low maintenance landscaping and hardscaping with irrigation; Sub-Zero glass front refrigerator, Wolf Range with pot-filler faucet, Renai hot water and (Instahot) heaters; Kalamazoo Grill, for a chef's choice of gas, wood & or charcoal grilling; elevator; motorized shades in the family room and primary bedroom; completely fenced property with 2-car garage plus ample parking for up to 6 additional cars, and a large parcel drop box for mail.
To be within walking distance of all that a history-rich downtown can offer while residing in a beautifully serene personal oasis is truly the best of all worlds. It is easy to see why St. Augustine was named Southern Living's "Best Small Town in the South" for 2023. Overlooking the Matanzas Bay with a dock for fishing and boat storage with direct access to the Intracoastal and Atlantic from your own home, plus striking views of the beautiful St. Augustine Lighthouse and the Bridge of Lions, this home presents a one of a kind lifestyle where beauty meets history and one that surely is that of which dreams are made. Treat yourself to a tour of 135 Marine Street - we think you'll decide to make it your very own!
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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 |
|---|---|---|---|
| Jan 16, 2024 | Sold | ||
| Sold | |||
| Nov 29, 2023 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Relisted | $4,888,000 | |
| Relisted | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| May 26, 2023 | Listed by EXP REALTY, LLC | $5,750,000 | |
| Listed by EXP REALTY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017