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St. Augustine Beach 32080
408 OCEAN BREEZE Lane
$405,000
● House - Off Market

408 OCEAN BREEZE Lane

St. Augustine, FL 32080
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,009 Ft²
$739,732
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Immaculate Pool Home in Ocean Trace!  This 4 bedroom, 2 bath home has been meticulously updated with new kitchen cabinets and granite countertops, new flooring and more. Don't overlook the solar pool heater, the energy efficiency of the poured concrete construction or the savings from the association maintained landscaping and irrigation. The owners have done a lot to make it special from custom interior colors, bookshelves, vinyl windows on part of the lanai, granite counter tops, attractive flooring and the bead board ceiling. Tucked away in the small gated community of Ocean Trace within walking distance to the beach, shopping, restaurants the Atlantic Beach and Tennis Club and more.
Unit Size
2,009 Ft²
Days on Market
162 days
Land Size
-
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
$139
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (Real MLS #795025)

Price History

Date / Event Date Event Price
Aug 17, 2020 Sold
Premium
Sold
Jul 29, 2020 Listed by WATSON REALTY CORP $479,000
Listed by WATSON REALTY CORP
Mar 14, 2016 Sold
Premium
Sold
Oct 1, 2015 Listed by WATSON REALTY CORP $425,000
Listed by WATSON REALTY CORP
Jul 30, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 73
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,471
  • Gross Building Area: 2,627
  • Building Area: 2,009
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,009
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN TRACE
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 32/18-19 OCEAN TRACE LOT 57 OR5018/1294

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021408

Geography

  • Assessors Map Reference: 189B
  • Parcel: 174871-0570
  • Lot: 57
  • Meridian: SEC 10 TWN 08S RNG 30E
  • Municipality: CITY OF ST AUGUSTINE BEACH
  • Latitude: 29.8226
  • Longitude: -81.2734

    Address

  • Full Address: 408 Ocean Breeze Ln
  • Address - House Number: 408
  • Address - Street Name: Ocean Breeze
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R034
  • 4-Digit Zip Code: 6159
  • Zip Code: 32080

Valuation

    Tax

  • Total Area: 2,305
  • Tax Year: 2022
  • Tax Amount: $411,421
  • Tax Rate Code Area: 551

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 78
  • Final Value: 726,846
  • High Value: 849,280
  • Low Value: 604,412

    Market Valuation

  • Market Total Value: $484,365
  • Market Land Value: $151,200
  • Market Improvement Value: $333,165

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $280,403

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020068795
  • Previous Sale Recording Date: Mar 14, 2016
  • Previous Sale Contract Date: Mar 11, 2016
  • Previous Sale Amount: $405,000
  • 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 Beach

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$429

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1849 ft²

Average Home Age

33.4 years

Currently For Sale

51 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: GREG CRUM, WATSON REALTY CORP
Last Updated: 6 months ago
Data Source: Real MLS, MLS# 795025
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 408 Ocean Breeze Lane built and last sold?
The property at 408 Ocean Breeze Lane was built in 1999 and last sold on Aug 17, 2020 for $463,900.
How much is this home worth?
The estimated value of the home located at 408 Ocean Breeze Lane is $0.
What are some comparable homes to 408 Ocean Breeze Lane?
There are currently no comparable homes to 408 Ocean Breeze Lane.
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