505 TWENTYTHIRD Street
About This Property
Den/office, 2 car oversized garage, large screened-in lanai, beautiful private pool with sun deck. This concrete block home has had many recent improvements, such as; new standing seam metal roof in 2014, New Carrier heat pump and air handler in 2105, wi-fi thermostat which allows control of system from your phone in 2015, to name a few. The home is within walking distance of the ocean beach or you can relax in your own pool. The property is beautifully landscaped and affords plenty of parking area for boats, cars and RV's. There are no HOA or CDD fees. The home is situated conveniently to the Vilano Town center, two boat ramps, great restaurants, Downtown St Augustine, the Guanna Preserve and the Seranata Beach Club. There is easy access to A1A, US 1 and 95. Come visit this lovely home and see how life can be better at the beach!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 14, 2025 | Listed | $899,000 | |
| Listed | |||
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Welcome to 505 Twenty-Third Street a lovely pool home located in the North Beach community of St. Johns County, Florida, with no HOA/CDD fees. The Atlantic Ocean and the Intracoastal Waterway are a short distance away. Bring your RV, watercraft, etc. because there is plenty of stamped driveway, parking areas. Walk through my front door and you are embraced by my open floor plan. To the right of my main living area, is the hallway to 3 generous sized bedrooms, the guest/hall bath, and an office/den space. To the left of my main living area with one of two dining areas, you have my mudroom with the indoor washer and dryer. There is a 2nd dryer located in the garage. Access to the oversized garage is via the mudroom. A 220 outlet is located in the garage for EV charging. The primary bedroom suite is located in my left-wing area.. The sliding glass door provides easy access to the screened porch. The main living area lends itself to large or small entertaining events. Take entertaining outside to the covered screened porch and to the pool with a sunbathing deck. Want to feel some sand on your feet and salt air on your face, the beach is a short distance away. Want to put your watercraft in? There are several boat ramps within a short driving distance. The Historic City of St. Augustine is also a short drive away. Whether you are looking for a full-time residence property, a part-time residence property, or perhaps an investment property for short-term rentals, then perhaps I am the property for you to consider. Make your appointment to view me today!!
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| Sep 14, 2016 | Sold | ||
| Sold | |||
| Apr 6, 2016 | Listed by WATSON REALTY CORP | $433,000 | |
| Listed by WATSON REALTY CORP | |||
| Mar 12, 2015 | Sold | ||
| Sold | |||
| Feb 6, 2015 | Listed by WATSON REALTY CORP | $360,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017