3242 CARMEL ROAD
About This Property
Situated on a tributary to Moultrie Creek, the 100x100 buildable footprint provides flexibility for your custom design. The lot is "build to suit," but may also be purchased independently, giving you the freedom to bring your own builder and vision. Nature lovers will appreciate the unique water access-ideal for small boats, kayaks, and paddleboards.
Located just minutes from historic St. Augustine and area beaches, you'll enjoy the best of both worlds: quiet, tucked-away living with convenient access to dining, shopping, and coastal attractions. The community features a public boat ramp, and two additional boat ramps are within two miles, offering easy access to the Intracoastal Waterway-so bring your boats and water toys.
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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 |
|---|---|---|---|
| Jul 18, 2026 | No longer available | - | |
| No longer available | |||
| Apr 25, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 21, 2026 | Listed by Keller Williams Island Life RE | $85,000 | |
| Listed by Keller Williams Island Life RE | |||
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. A VACANT LOT IN SAINT AUGUSTINE IN ST JOHNS COUNTY!!!
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| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by YOUR HOME SOLD GUARANTEED REAL | $99,000 | |
| Listed by YOUR HOME SOLD GUARANTEED REAL | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017