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Neptune Beach 32266 Neptune Beach
231 NORTH Street
$700,000
● House - Off Market

231 NORTH Street

Neptune Beach, FL 32266
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,700 Ft²
$862,344
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

This Classic 3/3 shingle beach home is completely renovated with modern conveniences while retaining original architectural accents. Master suite features walk-in closet and airy window seating Furnished laundry room upstairs. Downstairs layout is adaptable for a second master suite with shower and French doors overlooking the garden and also features a dedicated office. This home is Ideally located two blocks from the beach and within walking distance to the Beaches Town Center which features local shops, restaurants, and  nightlife. The home is just two blocks away from Jarboe Park, where you will find a play area of your children's dreams plus new tennis and pickle ball courts which are under construction!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$426
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1937

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Cap Rate Calculator

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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: 3 years ago (Real MLS #1099140)

Price History

Date / Event Date Event Price
Jun 11, 2021 Sold
Premium
Sold
Mar 11, 2021 Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS $725,000
Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Jun 2, 1999 Sold
Premium
Sold
Oct 16, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,499
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,715
  • Gross Building Area: 1,715
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MERIMAR PLACE UNIT 01
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 15-18 21-2S-29E MERIMAR PLACE UNIT 2 LOT 5 BLK 6

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 014001

Zoning

  • Zoning: NR-4

Geography

  • Assessors Map Reference: 9421
  • Parcel: 173160-0000
  • Block: 6
  • Lot: 5
  • Meridian: SEC 21 TWN 02S RNG 29E
  • Municipality: CITY OF NEPTUNE BEACH
  • Latitude: 30.315
  • Longitude: -81.3961

    Address

  • Full Address: 231 North St
  • Legal Unit: 2
  • Address - House Number: 231
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: FL
  • City Name: Neptune Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 5038
  • Zip Code: 32266

Valuation

    Tax

  • Total Area: 1,666
  • Tax Year: 2022
  • Tax Amount: $1,153,665
  • Tax Rate Code Area: USD4

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 899,471
  • High Value: 1,089,776
  • Low Value: 709,166

    Market Valuation

  • Market Total Value: $674,452
  • Market Land Value: $369,600
  • Market Improvement Value: $304,852

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $674,452
  • Assessed Land Value: $369,600
  • Assessed Improvements Value: $304,852

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021145851
  • Previous Sale Recording Date: Jun 02, 1999
  • Previous Sale Contract Date: May 25, 1999
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 71
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 Beaches

Stats & Trends

Median Asking:

$748,500

Sale Price/ft²

$443

Below Asking

0.03%

Average Days on Market

71

Average Home Size

1966 ft²

Average Home Age

36.5 years

Currently For Sale

256 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 511 Camelia Street, Atlantic Beach, FL, 32233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,144 ft²
511 Camelia Street, Atlantic Beach, FL, 32233 Listing by JON HURM
Unit for rent at 2132 Bay Road, Neptune Beach, FL, 32266

$2,395 /mo

  • 2 Beds
  • 1 Bath
  • 1,321 ft²
2132 Bay Road, Neptune Beach, FL, 32266 Listing by TERESA HARRIS
Unit for rent at 185 Donner Road, Atlantic Beach, FL, 32233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,180 ft²
185 Donner Road, Atlantic Beach, FL, 32233 Listing by KATHERINE HUSH

Rentals Near You

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

Listed by: CONNIE GRUBBS, KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1099140
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 231 North Street built and last sold?
The property at 231 North Street was built in 1937 and last sold on May 26, 2021 for $700,000.
How much is this home worth?
The estimated value of the home located at 231 North Street is $732,855.
What are some comparable homes to 231 North Street?
There are currently no comparable homes to 231 North Street.
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