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Butler Beach 32080
5243 MEDORAS Avenue
$395,000
● House - Off Market

5243 MEDORAS Avenue

St Augustine, FL 32080
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,308 Ft²
$719,026
RealtyHop Estimate
69.18%
Since Nov 1, 2006
National-US
Primary Model

About This Property

A block to the ocean at half the price! Enjoy the beach in this well-maintained 2/2 concrete block home with ocean peaks on a high dune lot. Add a second story and have fantastic views of the ocean. This home is selling for the price of many area lots. Great investment property or inexpensive beach home. Back addition could be 3rd bedroom. Motivated seller. Home warranty included!
Unit Size
1,308 Ft²
Days on Market
-
Land Size
-
Price per sqft
$325
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

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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 #312774)

Price History

Date / Event Date Event Price
Jul 9, 2012 Sold
Premium
Sold
Nov 14, 2006 Sold
Premium
Sold
Jun 7, 2006 Listed by WATSON REALTY CORP $425,000
Listed by WATSON REALTY CORP

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,312
  • Gross Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 4
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIERA MAR BY THE SEA SUBDIVISION
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 3-69 BIERA MAR LOT 5 BLK 9 OR2817/666 & 3584/769

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021403

Zoning

  • Zoning: RS3

Geography

  • Assessors Map Reference: 190B
  • Parcel: 176920-0000
  • Block: 9
  • Lot: 5
  • Meridian: SEC 22 TWN 08S RNG 30E
  • Municipality: ST AUGSTINE BEACH-OUTSIDE CITY
  • Latitude: 29.7986
  • Longitude: -81.2626

    Address

  • Full Address: 5243 Medoras Ave
  • Address - House Number: 5243
  • Address - Street Name: Medoras
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R023
  • 4-Digit Zip Code: 7177
  • Zip Code: 32080

Valuation

    Tax

  • Total Area: 1,359
  • Tax Year: 2022
  • Tax Amount: $226,992
  • Tax Rate Code Area: 550

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 78
  • Final Value: 603,799
  • High Value: 704,679
  • Low Value: 502,918

    Market Valuation

  • Market Total Value: $428,873
  • Market Land Value: $289,189
  • Market Improvement Value: $139,684

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,528

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2012
  • Current Sale Recording Date: Jul 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012038667
  • Previous Sale Recording Date: Nov 14, 2006
  • Previous Sale Contract Date: Oct 16, 2006
  • Previous Sale Amount: $395,000
  • 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 Butler Beach

Stats & Trends

Median Asking:

$559,000

Sale Price/ft²

$403

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1602 ft²

Average Home Age

36.3 years

Currently For Sale

88 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: SEAN HESS, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 312774
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 5243 Medoras Avenue built and last sold?
The property at 5243 Medoras Avenue was built in 1958 and last sold on Jun 27, 2012 for $135,700.
How much is this home worth?
The estimated value of the home located at 5243 Medoras Avenue is $430,932.
What are some comparable homes to 5243 Medoras Avenue?
There are currently no comparable homes to 5243 Medoras Avenue.
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