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St. Augustine Beach 32080
509 OCEAN FOREST Drive
$590,000
● House - Off Market

509 OCEAN FOREST Drive

St Augustine Beach, FL 32080
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,571 Ft²
$1,425,707
RealtyHop Estimate
116.34%
Since Mar 1, 2010
National-US
Primary Model

About This Property

Immaculate and spectacular custom lakefront home. Spacious and open floor plan featuring large rooms three guest suites/bedrooms upstairs, butler's pantry off kitchen. Large porches and private views.
Unit Size
3,571 Ft²
Days on Market
-
Land Size
-
Price per sqft
$185
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
2004

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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: 3 years ago (Real MLS #486340)

Price History

Date / Event Date Event Price
Feb 19, 2010 Sold
Premium
Sold
May 18, 2009 Listed by SUNSHINE REALTY & VACATION RENTALS, LLC $659,000
Listed by SUNSHINE REALTY & VACATION RENTALS, LLC
Dec 16, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 17
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 580
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 4,151
  • Gross Building Area: 4,151
  • Building Area: 3,571
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,571
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANASTASIA DUNES UNIT 1
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 40/80-88 ANASTASIA DUNES UNIT 1 LOT 31 OR3288/1012

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021410

Geography

  • Assessors Map Reference: 188C
  • Parcel: 172491-0310
  • Lot: 31
  • Meridian: SEC 03 TWN 08S RNG 30E
  • Municipality: CITY OF ST AUGUSTINE BEACH
  • Latitude: 29.8364
  • Longitude: -81.2702

    Address

  • Full Address: 509 Ocean Forest Dr
  • Legal Unit: 1
  • Address - House Number: 509
  • Address - Street Name: Ocean Forest
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: C012
  • 4-Digit Zip Code: 5745
  • Zip Code: 32080

Valuation

    Tax

  • Total Area: 4,050
  • Tax Year: 2022
  • Tax Amount: $762,128
  • Tax Rate Code Area: 551

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 81
  • Final Value: 1,381,808
  • High Value: 1,590,275
  • Low Value: 1,173,340

    Market Valuation

  • Market Total Value: $960,538
  • Market Land Value: $291,200
  • Market Improvement Value: $669,338

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $502,263

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2010
  • Current Sale Recording Date: Feb 19, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2010008000
  • Previous Sale Recording Date: Dec 16, 2004
  • Previous Sale Contract Date: Dec 03, 2004
  • Previous Sale Amount: $779,900
  • Previous Sale Document Type: 20

    Financing

  • First Mortgage Financing Type: FIX
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: JAMES HAYS, SUNSHINE REALTY & VACATION RENTALS, LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 486340
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 509 Ocean Forest Drive built and last sold?
The property at 509 Ocean Forest Drive was built in 2004 and last sold on Feb 18, 2010 for $590,000.
How much is this home worth?
The estimated value of the home located at 509 Ocean Forest Drive is $0.
What are some comparable homes to 509 Ocean Forest Drive?
There are currently no comparable homes to 509 Ocean Forest Drive.
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