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Butler Beach 32080
265 TROPIC Way
$269,000
● House - Off Market

265 TROPIC Way

St Augustine, FL 32080
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,825 Ft²
$1,321
Est. Monthly

About This Property

Absolutely immaculate newer home in a great St Augustine Beach location. Featuring three bedrooms & two bathrooms, this home boasts tile in the living areas, an airy, open foor plan & a large screened lanai. Neutrally decorated, it's very easy to imagine yourself enjoying the Florida lifestyle here! Moving outside, the house sits on a pie shaped lot & backs up to undeveloped land. Not a short sale
Unit Size
1,825 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

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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: 2 years ago (Real MLS #505326)

Price History

Date / Event Date Event Price
Oct 8, 2009 Listed by ST AUGUSTINE TEAM REALTY $269,000
Listed by ST AUGUSTINE TEAM REALTY
Apr 28, 2005 Sold
Premium
Sold
Dec 20, 2004 Listed by ST AUGUSTINE TEAM REALTY $315,000
Listed by ST AUGUSTINE TEAM REALTY
Apr 21, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,147
  • Total Building Area: 2,205
  • Gross Building Area: 2,205
  • Building Area: 1,825
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,825
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SURFWIND ESTATES SUBDIVISION
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 12/93-94 SURFWIND ESTATES SUBDIVISION LOT 32 OR2425/161

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021404

Zoning

  • Zoning: RS3

Geography

  • Assessors Map Reference: 189C
  • Parcel: 175825-0320
  • Lot: 32
  • Meridian: SEC 15 TWN 08S RNG 30E
  • Municipality: ST AUGSTINE BEACH-OUTSIDE CITY
  • Latitude: 29.8086
  • Longitude: -81.2691

    Address

  • Full Address: 265 Tropic Way
  • Address - House Number: 265
  • Address - Street Name: Tropic
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R001
  • 4-Digit Zip Code: 6470
  • Zip Code: 32080

Valuation

    Tax

  • Total Area: 2,125
  • Tax Year: 2022
  • Tax Amount: $255,934
  • Tax Rate Code Area: 550

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 81
  • Final Value: 681,576
  • High Value: 784,351
  • Low Value: 578,800

    Market Valuation

  • Market Total Value: $459,394
  • Market Land Value: $117,600
  • Market Improvement Value: $341,794

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $220,036

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2005
  • Current Sale Recording Date: Apr 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005031914
  • Previous Sale Recording Date: Apr 21, 2004
  • Previous Sale Contract Date: Apr 15, 2004
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Butler Beach

Stats & Trends

Median Asking:

$559,000

Sale Price/ft²

$403

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1604 ft²

Average Home Age

36.4 years

Currently For Sale

90 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 108 Bay Bridge Drive, St. Augustine, FL, 32080

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,496 ft²
108 Bay Bridge Drive, St. Augustine, FL, 32080 Listing by ELENIS CAMARGO
Unit for rent at 125 Rio Del Mar Street, St. Augustine, FL, 32080

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 880 ft²
125 Rio Del Mar Street #A, St. Augustine, FL, 32080 Listing by KYLE FORD

Rentals Near You

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

Listed by: KATE STEVENS, ST AUGUSTINE TEAM REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 505326
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 265 Tropic Way built and last sold?
The property at 265 Tropic Way was built in 2003 and last sold on Apr 20, 2005 for $308,000.
How much is this home worth?
The estimated value of the home located at 265 Tropic Way is $296,907.
What are some comparable homes to 265 Tropic Way?
There are currently no comparable homes to 265 Tropic Way.
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