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St. Augustine Shores 32086
299 CORTEZ Drive
$329,900
● House - Off Market

299 CORTEZ Drive

St Augustine, FL 32086
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,245 Ft²
$1,649
Est. Monthly
$29
HOA / Fees
10.80%
Cap Rate

About This Property

New construction by Sea Breeze Homes featuring 5 bedrooms,3 baths and designer touches throughout. Spacious living and dining areas make this open floor plan great for entertaining. The well appointed gourmet kitchen boasts granite counter tops, 42 inch cabinets, stainless appliance package, a separate pantry, a center work island, a raised snack bar that is adjacent to the breakfast area. Large family room opens to over sized covered lanai with outdoor kitchen and fabulous views of the golf course. 2-10 Home Buyers Warranty Included. The St. Augustine Shores is an established golf course community nestled in the southern area of St. Augustine and is conveniently located to the beaches, schools, shopping, hospitals and historic downtown.
Unit Size
2,245 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
-
HOA Dues
$29
Year Built
2016

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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: 3 years ago (Real MLS #790906)

Price History

Date / Event Date Event Price
Nov 1, 2016 Sold
Premium
Sold
Jun 14, 2016 Listed by WATSON REALTY CORP $299,900
Listed by WATSON REALTY CORP
Sep 3, 2015 Listed by WATSON REALTY CORP $329,900
Listed by WATSON REALTY CORP
Aug 24, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 7
  • 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: 418
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,667
  • Gross Building Area: 2,667
  • Building Area: 2,249
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,249
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST. AUGUSTINE SHORES UNIT 2 REPLAT
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: 13/114-124 REPLAT OF ST AUGUSTINE SHORES UNIT TWO LOT 15 BLK 149 OR4279/1259

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021208

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 180B
  • Parcel: 284149-0150
  • Block: 149
  • Lot: 15
  • Meridian: SEC 41 TWN 08S RNG 30E
  • Municipality: COUNTY
  • Latitude: 29.7913
  • Longitude: -81.3063

    Address

  • Full Address: 299 Cortez Dr
  • Legal Unit: 2
  • Address - House Number: 299
  • Address - Street Name: Cortez
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R031
  • 4-Digit Zip Code: 7827
  • Zip Code: 32086

Valuation

    Tax

  • Total Area: 2,551
  • Tax Year: 2022
  • Tax Amount: $434,981
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 81
  • Final Value: 566,201
  • High Value: 651,579
  • Low Value: 480,822

    Market Valuation

  • Market Total Value: $408,122
  • Market Land Value: $90,720
  • Market Improvement Value: $317,402

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $360,736

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2016
  • Current Sale Recording Date: Nov 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016071390
  • Previous Sale Recording Date: Aug 24, 2015
  • Previous Sale Contract Date: Aug 21, 2015
  • Previous Sale Amount: $63,000
  • Previous Sale Document Type: 71
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 St. Augustine Shores

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$222

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1437 ft²

Average Home Age

30.7 years

Currently For Sale

60 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

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Real MLS

Listed by: DAWNA GAFFNEY, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 790906
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 299 Cortez Drive built and last sold?
The property at 299 Cortez Drive was built in 2016 and last sold on Oct 28, 2016 for $299,900.
How much is this home worth?
The estimated value of the home located at 299 Cortez Drive is $0.
What are some comparable homes to 299 Cortez Drive?
There are currently no comparable homes to 299 Cortez Drive.
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