265 KINGSTON Drive
About This Property
Experience the ultimate coastal lifestyle in this beautifully updated beachside community home, offered for the first time since original construction. Some creative financing may be available.
This thoughtfully designed home features travertine flooring in the kitchen, dining area, baths, and foyer, with luxury vinyl plank flooring throughout the remaining living spaces. The kitchen and laundry room showcase custom cabinetry by Smith Kitchens, along with granite countertops and quality finishes throughout. A wood-burning fireplace adds warmth and character to the living area.
Outdoor living is exceptional and unlike most homes in the community, offering a spacious yard, large patio, outdoor grilling area, and a pergola with a swing bed draped in fragrant Confederate jasmine, creating the perfect setting to relax and enjoy spring and summer evenings. The screened pool enclosure overlooks a peaceful pond and fountain, while an upstairs bedroom currently used as an office offers a glimpse of the ocean.
Located just steps from the beach, residents enjoy private community beach access complete with a cabana and restrooms, along with breathtaking sunrises and a true coastal atmosphere. The association maintains the lawn, irrigation, mulch, and palm tree trimming for easy living.
Conveniently located near Downtown St. Augustine and Ponte Vedra. No short-term rentals permitted per association rules. Easy to show.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Price Decreased |
$799,990
↓ $38K
(4.5%) | |
| Price Decreased | |||
| May 11, 2026 | Price Decreased |
$837,900
↓ $800
(0.1%) | |
| Price Decreased | |||
| Apr 1, 2026 | Listed by SEABREEZE REALTY | $838,700 | |
| Listed by SEABREEZE REALTY | |||
| Jan 17, 2014 | Sold | ||
| Sold | |||
| Aug 24, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017