2818 COASTAL Highway
About This Property
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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 |
|---|---|---|---|
| Apr 24, 2025 | Listed | $2,399,999 | |
| Listed | |||
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2818 Coastal Highway is an oceanfront single-family residence located in the desirable Vilano Beach area of St. Augustine, Florida. This contemporary home offers 4 bedrooms and 3.5 bathrooms, providing ample space for comfortable living. Built in 1975, the property is situated on a generous lot, allowing for potential expansion or customization to suit your needs
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| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by THE LEGENDS OF REAL ESTATE | $1,250,000 | |
| Listed by THE LEGENDS OF REAL ESTATE | |||
| Mar 3, 2020 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $1,079,000 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
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Direct Oceanfront in Vilano Beach and a stones throw away from the vibrant Vilano Town Center, this 3 bedroom/2.5 bath classic beach home is ideal for your personal escape or an incredible investment opportunity. Known online by its raving fans as ''Blue Horizon'', this home is an established short-term vacation rental where the owner resides comfortably full time on the 2nd floor while lucratively renting the 1st floor of the home with an average income of $50K/year over the last 5 years. Situated on an oversized 0.40 acre oceanfront lot, this property has a detached 2 car garage with plenty of space to park additional cars and is partially fenced with a gated entrance. The lot is protected by mature, stable dunes and has over 30 palm trees within the property. The home has front and rear patios, a fire pit, an outside shower with hot & cold water, meticulous landscaping with raised garden beds and native vegetation. The beach is just steps away along the palm tree lined sandy path to the ocean. On the 2nd floor, there is a wraparound deck with a hot tub for breathtaking views of the Ocean and St. Augustine Inlet to the south.
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| Apr 11, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017