$350,000
●
Mobile Manufactured -
Off Market
201 MAJORCA Road
St Augustine, FL 32080
2 Beds
3 Baths,
1
Half Bath
840 Ft²
$1,944
Est. Monthly
5.10%
Cap Rate
About This Property
Live the beach lifestyle! Keep the mobile home or build your dream
home on the large lot. The lot sits on a canal that leads to the
intercoastal.
Walk to the beach or boat to the intercoastal. This lot is ready for your dream house. Professional Photos coming soon.
Walk to the beach or boat to the intercoastal. This lot is ready for your dream house. Professional Photos coming soon.
Unit Size
840 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$439
Property Type
Mobile Manufactured
Property Taxes
$131
HOA Dues
-
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 #2002640)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | Listed by 1 PERCENT LISTS FIRST COAST | $369,000 | |
| Listed by 1 PERCENT LISTS FIRST COAST | |||
| Jun 2, 2023 | Listed by 1 PERCENT LISTS FIRST COAST | $375,000 | |
| Listed by 1 PERCENT LISTS FIRST COAST | |||
| | |||
|
This expansive lot, situated on a canal connected to the intercoastal, offers tremendous potential for building a beautiful home and a spacious dock. Its close proximity to the intercoastal allows for quick access, making it a prime location. Set in a burgeoning area, residents can enjoy a short walk to the beach or venture out on their boat. In every sense, this is a water enthusiast's paradise. Treasure Beach Canal dredging assessment of $628.00 annually is included in yearly property taxes. Expires in 2027
| |||
| Jan 30, 2023 | Listed by 1 PERCENT LISTS FIRST COAST | $425,000 | |
| Listed by 1 PERCENT LISTS FIRST COAST | |||
| | |||
|
Extra large lot on CANAL THAT GOES TO THE INTERCOASTAL. This has so much potential to put a nice house and large dock on the lot. Just minutes to the intercoastal. This is a up and coming area, walk to the beach or go out on your boat. Either way this is a waterman's dream area.
| |||
| Sep 6, 2022 | Listed by 1 PERCENT LISTS FIRST COAST | $867,900 | |
| Listed by 1 PERCENT LISTS FIRST COAST | |||
| | |||
|
Live the beach lifestyle! Choose from one of Pinnacle Homes beautiful floor plans to design your next home, or we can customize one of your own. All homes include high ceilings & 8' doors, oversized windows, custom 42'' cabinets with soft-close drawers and crown molding, quartz countertops, wood flooring, stainless appliances, deluxe master bathroom, walk-in closet, 4'' door casing, and comes with a full builder warranty. Photos are of past homes built to showcase included features and available finishes. All floor plans available to view on builder website. Lot is also available as a lot listing also.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Butler Beach
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Listed by: DAVID CORBITT, 1 PERCENT LISTS FIRST COAST
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2002640
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2002640
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