2850 HILLTOP Road
About This Property
Seize this rare opportunity to own 8 acres of prime land in one of Florida's fastest-growing and most desirable areas. Whether you're a developer seeking your next residential project or looking to build a private estate surrounded by space and tranquility, this property offers incredible potential.
Perfectly positioned just minutes from I-95, historic downtown St. Augustine, premier shopping and dining, and top-rated medical facilities, you'll enjoy the ideal balance of convenience and privacy. Zoned for residential use, this expansive parcel is ready to bring your vision to life.
Additional Opportunity: The adjacent property owner is open to selling, creating a unique chance to expand your footprint and unlock even greater development possibilities.
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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 |
|---|---|---|---|
| Aug 5, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed by PENINSULA PROPERTIES REALTY INC | $650,000 | |
| Listed by PENINSULA PROPERTIES REALTY INC | |||
| Jan 13, 2025 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Oct 26, 2024 | No longer available | - | |
| No longer available | |||
| Apr 24, 2024 | Listed | $700,000 | |
| Listed | |||
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Own 8 beautiful acres in St Johns County!!! Perfect for a residential development OR build your dream home and be surrounded by your own land!!! Located in the growing St. Johns Couty area and is close to i95, downtown St. Augustine, shopping, dining, and hospital.
NEIGHBORS ARE SELLING TOO. A GREAT OPPORTUNITY IF YOU WOULD LIKE ADDITIONAL ACERAGE!
Mobile home does not convey (not for sale)
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Property Highlights
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017