4800 SHORE Drive
About This Property
Outback is a private retreat complete with screened, solar heated pool, and (optional) sauna/spa. The primary bedroom suite features walk-in shower with 2 sprays, double vanity & modern fixtures and a huge ''L'' shaped walkin closet. Check out this wonderful 2 car garage with Shark-Coated floors, and a wall of built-in storage cabs.
For the ultimate Piece-of-Mind, there is full-house generator, & hurricane window panels.... The St Augustine South neighborhood delivers an exceptional lifestyle with miles of scenic walking and Biking trails along the iconic Intracoastal Waterway, two boat ramps, a community center, tennis courts, and playground. Conveniently located just minutes from shopping, top-rated medical facilities, The Historic Town, and the beaches. This is a one-of-a-kind home filled with
distinctive details that must be seen to be fully appreciated.
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $695,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
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About St. Augustine South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017