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Fruit Cove 32259
2360 MARLEE Road
$277,500
● Land - Off Market

2360 MARLEE Road

St Johns, FL 32259
bedrooms
Studio
bathrooms
0 Bath
$293,483
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Beautiful Homesite with 1.19 acres! Build your dream home on this expanded corner lot in the heart of St. Johns County. This property features a HUGE two car garage with 10ft garage doors, concrete driveway and a large covered porch for outdoor entertaining space. There is an existing well and septic on property. (Mobile home has no value. ) Bring all the toys, RV, Boats, ATV's . Plenty of space for horses, gardening, and a pool. Conveniently located to ''everything'' without losing the spacious outdoor living! No HOA's and No CDD fees. Property is being sold ''AS-IS''. Property will have partial impact fee exemption and save thousands of dollars when building.
Unit Size
-
Days on Market
-
Land Size
1.19 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1989

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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 #1123423)

Price History

Date / Event Date Event Price
Mar 8, 2022 Sold
Premium
Sold
Jul 30, 2021 Listed by WATSON REALTY CORP $285,000
Listed by WATSON REALTY CORP
Apr 5, 2021 Sold
Premium
Sold
Nov 21, 2000 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 17
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 960
  • Parking Space Count: 6
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,836
  • Lot Size Depth Feet: 3,250
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,401
  • Gross Building Area: 1,661
  • Building Area: 1,401
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,401
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORANGE COVE SOUTH SECTION 1 UNPLATTED
  • Land Acres: 0000001190
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT OF FATIO GRANT-ORANGE COVE SOUTH UNREC PLAT TRACT 34 (EX WLY PT IN OR1854/934) OR5510/844

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020804

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: 6D
  • Subdivision Tract Number: 34
  • Parcel: 002469-0340
  • Lot: 34
  • Meridian: SEC 39 TWN 05S RNG 27E
  • Municipality: COUNTY
  • Latitude: 30.0678
  • Longitude: -81.6263

    Address

  • Full Address: 2360 Marlee Rd S
  • Address - House Number: 2360
  • Street Segment Direction: S
  • Address - Street Name: Marlee
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: H003
  • 4-Digit Zip Code: 9061
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 1,552
  • Tax Year: 2022
  • Tax Amount: $306,388
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 334,444
  • High Value: 392,090
  • Low Value: 276,797

    Market Valuation

  • Market Total Value: $220,966
  • Market Land Value: $146,608
  • Market Improvement Value: $74,358

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $220,966
  • Assessed Land Value: $146,608
  • Assessed Improvements Value: $74,358

    Sales

  • Current Sale Contract Date: Mar 07, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25075
  • Previous Sale Recording Date: Apr 05, 2021
  • Previous Sale Contract Date: Mar 19, 2021
  • Previous Sale Amount: $175,400
  • Previous Sale Document Type: 69
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:

$543,500

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2774 ft²

Average Home Age

21.3 years

Currently For Sale

101 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 381 Dalton Mill Drive, St. Johns, FL, 32259

$3,200 /mo

  • 4 Beds
  • 3 Baths
  • 2,496 ft²
381 Dalton Mill Drive, St. Johns, FL, 32259 Listing by RAFID MUKHTAR
Unit for rent at 57 Scotch Pebble Drive, St. Johns, FL, 32259

$1,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,502 ft²
57 Scotch Pebble Drive, St. Johns, FL, 32259 Listing by VIJAY DOMAKUNTLA

Rentals Near You

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

Listed by: DAWNA GAFFNEY, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1123423
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 2360 Marlee Road built and last sold?
The property at 2360 Marlee Road was built in 1989 and last sold on Mar 7, 2022 for $277,500.
How much is this home worth?
The estimated value of the home located at 2360 Marlee Road is $287,850.
What are some comparable homes to 2360 Marlee Road?
There are currently no comparable homes to 2360 Marlee Road.
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