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Fruit Cove 32259
1404 FRUIT COVE Road
$286,500
● House - Off Market

1404 FRUIT COVE Road

Fruit Cove, FL 32259
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,244 Ft²
$494,843
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

What a great opportunity to own waterfront in Fruit Cove. 3 bedroom 2 full bath stilt house sits on ~1.4 acres. Canal leads to Cunningham Creek which is navigable to the St. Johns River.
Unit Size
1,244 Ft²
Days on Market
-
Land Size
-
Price per sqft
$261
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (Real MLS #924593)

Price History

Date / Event Date Event Price
May 23, 2018 Sold
Premium
Sold
Mar 6, 2018 Listed by 3M REALTY GROUP LLC $325,000
Listed by 3M REALTY GROUP LLC
Jan 3, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Lot Size Depth Feet: 7,050
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,244
  • Gross Building Area: 1,244
  • Building Area: 1,244
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,244
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRUIT COVE TERRACE
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 2-1 PART OF CONSTANCE MC FEE GRANT - 112 FT ON FRUIT COVE TERRACE RD OR4551/403

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020803

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: 5A
  • Parcel: 005830-0000
  • Lot: 2-1
  • Meridian: SEC 54 TWN 04S RNG 27E
  • Municipality: COUNTY
  • Latitude: 30.1033
  • Longitude: -81.6284

    Address

  • Full Address: 1404 Fruit Cove Rd S
  • Address - House Number: 1404
  • Street Segment Direction: S
  • Address - Street Name: Fruit Cove
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: R006
  • 4-Digit Zip Code: 3187
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 1,356
  • Tax Year: 2022
  • Tax Amount: $356,037
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1426
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 83
  • Final Value: 442,152
  • High Value: 505,236
  • Low Value: 379,068

    Market Valuation

  • Market Total Value: $279,180
  • Market Land Value: $171,853
  • Market Improvement Value: $107,327

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $279,180
  • Assessed Land Value: $171,853
  • Assessed Improvements Value: $107,327

    Sales

  • Current Sale Contract Date: May 17, 2018
  • Current Sale Recording Date: May 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018035508
  • Previous Sale Recording Date: Jan 03, 2007
  • Previous Sale Contract Date: Dec 13, 2006
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fruit Cove

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2829 ft²

Average Home Age

21.6 years

Currently For Sale

61 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 940 State Road 13 N, Fruit Cove, FL, 32259

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,599 ft²
940 State Road 13 N, Fruit Cove, FL, 32259 Listing by BARBARA (CATRICE) JONES LLC

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: JEREMY MCALEE, 3M REALTY GROUP LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 924593
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1404 Fruit Cove Road built and last sold?
The property at 1404 Fruit Cove Road was built in 1988 and last sold on May 17, 2018 for $286,500.
How much is this home worth?
The estimated value of the home located at 1404 Fruit Cove Road is $323,527.
What are some comparable homes to 1404 Fruit Cove Road?
There are currently no comparable homes to 1404 Fruit Cove Road.
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