5251 PINE Drive
About This Property
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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 |
|---|---|---|---|
| Nov 10, 2026 | Listed by REAL BROKER LLC | $225,000 | |
| Listed by REAL BROKER LLC | |||
| Jun 16, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Price Decreased |
$130,000
↓ $10K
(7.1%) | |
| Price Decreased | |||
| Jan 13, 2025 | Listed by HOME SOLD REALTY LLC | $140,000 | |
| Listed by HOME SOLD REALTY LLC | |||
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Discover your perfect slice of paradise at 5251 Pine Drive, St. Augustine, FL! This high and dry property is free from wetlands and flood zones, providing peace of mind and an ideal location for your dream home or investment property. Nestled in a private, serene setting off the beaten path, this lot offers both tranquility and opportunity.
Zoned open rural, the possibilities are endless! Enjoy the freedom to grow your own garden, raise chickens, or even start a small homestead. The spacious lot provides plenty of room for outdoor living, whether you want to add a pool, a workshop, or simply create a lush backyard oasis.
Located just minutes from historic downtown St. Augustine and the beautiful beaches of Florida's First Coast, this property combines rural charm with the convenience of nearby shopping, dining, and entertainment. The surrounding area offers top-rated schools, parks, and access to major highways, making it a desirable location for families, retirees, or investors. With no HOA or CDD fees, you'll enjoy true ownership freedom. Whether you're building your forever home or looking to develop a lucrative rental or vacation property, 5251 Pine Drive is ready to bring your vision to life.
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Property Highlights
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Price/ft²
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About St. Johns
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$1,200 /mo
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- 1 Bath
- 264 ft²
$2,500 /mo
- 4 Beds
- 2 Baths
- 1,975 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017