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St. Augustine Beach 32080
48 LEE Drive
$324,900
● House - Off Market

48 LEE Drive

St Augustine Beach, FL 32080
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,528 Ft²
$1,596
Est. Monthly

About This Property

Island Style! 3 bedroom 2 bath split plan in a desireable St. Augustine Beach neighborhood. Well maintained single story home, screened porch with hot tub(as is), fenced rear yard. Short walk to the beach. Newly painted interior/exterior, New carpeting 08/2009, Newer A/C, dishwasher & disposal 11/2008. A pleasure to show.
Unit Size
1,528 Ft²
Days on Market
-
Land Size
-
Price per sqft
$213
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994

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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: 2 years ago (Real MLS #499809)

Price History

Date / Event Date Event Price
Nov 22, 2023 Sold
Premium
Sold
Aug 15, 2023 Listed by WATSON REALTY CORP $699,000
Listed by WATSON REALTY CORP
Apr 26, 2013 Sold
Premium
Sold
Jul 20, 2012 Listed by WATSON REALTY CORP $279,900
Listed by WATSON REALTY CORP
Aug 30, 2009 Listed by WATSON REALTY CORP $324,900
Listed by WATSON REALTY CORP
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 17
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,018
  • Total Building Area: 1,990
  • Gross Building Area: 1,990
  • Building Area: 1,528
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,528
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN WALK UNIT 2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 16/34 OCEAN WALK UNIT II LOT 24 BLK A OR3721/1124

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021409

Geography

  • Assessors Map Reference: 188B
  • Parcel: 163143-0124
  • Block: A
  • Lot: 24
  • Meridian: SEC 34 TWN 07S RNG 30E
  • Municipality: CITY OF ST AUGUSTINE BEACH
  • Latitude: 29.8571
  • Longitude: -81.2714

    Address

  • Full Address: 48 Lee Dr
  • Legal Unit: 2
  • Address - House Number: 48
  • Address - Street Name: Lee
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: C048
  • 4-Digit Zip Code: 5985
  • Zip Code: 32080

Valuation

    Tax

  • Total Area: 1,930
  • Tax Year: 2022
  • Tax Amount: $386,523
  • Tax Rate Code Area: 551

    Appraisal Valuation

  • Standard Deviation: 0.0713
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 95
  • Final Value: 668,067
  • High Value: 715,730
  • Low Value: 620,404

    Market Valuation

  • Market Total Value: $532,331
  • Market Land Value: $215,040
  • Market Improvement Value: $317,291

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $264,655

    Sales

  • Current Sale Contract Date: Nov 17, 2023
  • Current Sale Recording Date: Nov 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 91893
  • Previous Sale Recording Date: Apr 26, 2013
  • Previous Sale Contract Date: Apr 19, 2013
  • Previous Sale Amount: $275,000
  • 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

1882 ft²

Average Home Age

33.1 years

Currently For Sale

53 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

Unit for rent at 108 Bay Bridge Drive, St. Augustine, FL, 32080

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,496 ft²
108 Bay Bridge Drive, St. Augustine, FL, 32080 Listing by ELENIS CAMARGO

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: CAROL LORENC, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 499809
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 48 Lee Drive built and last sold?
The property at 48 Lee Drive was built in 1994 and last sold on Nov 17, 2023 for $675,000.
How much is this home worth?
The estimated value of the home located at 48 Lee Drive is $0.
What are some comparable homes to 48 Lee Drive?
There are currently no comparable homes to 48 Lee Drive.
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