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265 CACIQUE Drive
About This Property
Located in one of St. Augustine's most well-known communities, the Shores is highly valued for its blend of convenience and lifestyle. Residents enjoy access to a wide range of amenities including a golf course, community pool and clubhouse, a fishing pier along the Intracoastal Waterway, waterfront parks, playgrounds, frisbee golf, and miles of paved walking and biking trails. Boat and RV storage is also available, adding to the ease of coastal living.
Buyer to perform due diligence and verify intended property use. The location offers a quiet, established setting while still being just minutes from shopping, dining, healthcare, and top-rated schools. You're also a short drive from the beaches and the charm of historic downtown St. Augustine.
Buyer to complete all due diligence regarding property boundaries, zoning, utilities, permitting, and intended use. No survey on file.
Whether you're looking to develop, invest, or explore the potential for a future homesite, this is a rare opportunity to secure land in a highly desirable and amenity-rich community.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Price Decreased |
$425,000
↓ $65K
(13.3%) | |
| Price Decreased | |||
| May 3, 2026 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $490,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| May 13, 2021 | Listed by ENDLESS SUMMER REALTY | $299,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
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RARE OPPORTUNITY IN ST AUGUSTINE SHORES! This 1.44 acre parcel (including 4 lots) is zoned commercial with permitted uses including: retail outlets for sale of food and drugs, books, etc.; service establishments such as beauty shops, restaurants or dry cleaners; medical and dental offices; churches; and professional and business offices to name a few. Located close to US1 at the south entrance to St Augustine Shores and just minutes to I-95, historic city of St. Augustine and Crescent Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017