205 FIFTH Street
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by STA REALTY | $1,199,000 | |
| Listed by STA REALTY | |||
| Jul 27, 2022 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $1,200,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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AGENTS DO NOT CALL SELLER. WITHDRAWN DUE TO FAMILY SITUATION. CALL LA. 4-bd, 2-ba pool home just one block from Vilano Beach and steps from the ICW. This Florida oasis has bamboo floors in the main living areas, a new kitchen, two bathrooms, fireplace and high ceilings. Lush tropical landscaping surrounds the home and parking is a breeze with a 2-car garage and a generous driveway that can fit 6 cars. Fully renovated in 2020, this home has formal dining area as well as an open plan kitchen and living room. Four entry points to the pool area and patio provides an indoors-out living experience. In the kitchen you'll love the brand new quartz island and countertops. The spacious master suite has French doors that open out to the pool, and the master bathroom is a showstopper, with a freesta that commands attention. Outdoors, lush tropical landscaping surrounds you, framed by a private fenced backyard. The covered patio perfect for entertaining guests, a pool party or barbecue. Being a beach resident has its perks with easy access across the A1A to the water.
INVESTORS: Vilano's North Beach is a popular area for beach rentals and the property has the potential to be a very successful vacation rental. Similar properties with pools in this location are renting for $450-$500 per night. There is no HOA.
You'll be walking distance to three of the area's most popular restaurants: Caps on the Water restaurant, Aunt Kate's and the Reef. Bring your toys to access nearby boat ramps. The home is minutes from historic downtown St. Augustine for shopping, dining and entertainment. In addition to surfing and other watersports you can do at the beach, you're just minutes from Guana Tolomato Matanzas National Estuarine with its extensive trails and possibilities for kayaking and fishing. Minutes north is the home of the PGA and the famous island hole at Sawgrass, home to the Tournament and Players Championship. Serenata Beach Club is 5 minutes away.
The lot is .23 acres and zoning is RS-3.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 3, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017