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1425 LEE Road
About This Property
Create your own private piece of paradise on this beautiful 4.3-acre property located on Lee Road in St. Johns. With plenty of room to build your dream home, add a pool, create outdoor living spaces, and enjoy the privacy and freedom that comes with acreage, the possibilities are endless!
The property is partially cleared and fenced and features a small pond, which is currently dry. An older mobile home and garage are also located on the property and will convey AS IS. The property already has a well and septic system in place.
The seller has not lived on the property for some time and will make no repairs, improvements, or removal of debris. The property is being sold strictly AS IS.
No HOA. No CDD. No timeline to build. Bring your vision and create the property you've always dreamed of! Please have your agent accompany you when viewing the property. MULTIPLE OFFERS, All Offers must be submitted by 9-16-2026,
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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 |
|---|---|---|---|
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by FLORIDA HOMES REALTY & MTG LLC | $975,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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About Fruit Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017