403 SECOND Street
About This Property
Step outside to your private backyard oasis, complete with a hot tub, paver patio, and space to relax after a day at the beach. The one-car garage is equipped with a washer/dryer and storage for all your beach gear. An additional storage shed adds even more convenience! Located just minutes from the beach, Intracoastal Waterway, and incredible dining spots like Cap's on the Water (5-minute walk) and The Reef (3-minute drive), this home offers the ultimate coastal lifestyle. Plus, you're just 10 minutes from historic downtown St. Augustine, where you'll find endless dining, shopping, and entertainment. Whether you're looking for a vacation getaway, investment property, or a place to call home, this gem checks all the boxes. Don't miss out on your chance to own a piece of paradise in one of Northeast Florida's most desirable beach communities!
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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 |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by PARKSIDE REALTY GROUP | $715,000 | |
| Listed by PARKSIDE REALTY GROUP | |||
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $699,999 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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Discover the charm of this beautiful turn-key Vilano beach cottage! Built in 2016 and tastefully decorated, this home is sold fully-furnished and on a rental program. As you step inside this 1,364SF home, you will find the thoughtfully designed open lay out inviting and ideal for entertaining guests. Each room promises a unique blend of comfort and style with quality features throughout the home including a wood trimmed accent wall and plank engineered wood floors. The kitchen features SS appliances, a breakfast bar, white shaker cabinets, granite tops, decorative tile backsplash and a good size pantry closet keeping everything close at hand. The bedrooms are configured in a split plan allowing for guests to have their own privacy. The master bedroom is complemented by an ensuite bathroom with a spacious walk-in shower for a touch of luxury. The additional bedrooms share access to a well-appointed full bathroom, complete with a versatile bath/shower combination. There is a shed built onsite and the garage is equipped with a washer and dryer, along with essential beach gear, amplifying your stay. Located in the coveted Vilano Beach area, the cottage is just a stroll away from the beach, the scenic intracoastal, nearby boat ramp, and top-tier dining options like Cap's On the Water, Aunt Kates, and The Reef. Ideal for family vacations, it's less than 10 minutes from the historical wonders of downtown St. Augustine. With plenty of parking available, your beachside getaway is set to be as stress-free as it is memorable. Whether you are looking for a vacation home, a beach lifestyle or an investment property, this home will meet all your needs. Enjoy!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017