See Home Value
Butler Beach 32080
5330 PELICAN Way
$1,230,000
● Multifamily - Off Market

5330 PELICAN Way

St. Augustine, FL 32080
bedrooms
Studio
bathrooms
0 Bath
square feet
2,386 Ft²
$5,768
Est. Monthly
0.89%
Cap Rate

About This Property

SOLD PRICE INCLUDES THE ADJACENT LOT. Welcome to ''Castillo del Sol''- A Unique Duplex Retreat with Unmatched Potential. With two units, each offering 2 master bedrooms, a living room, and a well-appointed kitchen, this property invites you to embrace beachside living. Take your lifestyle to new heights as you step onto the sprawling rooftop deck, which spans over 1,000 sq ft, and immerse yourself in the awe-inspiring beauty of the ocean. Equipped with a pergola and a bathroom, this space is designed for unforgettable sunsets and elegant entertaining.

''Castillo del Sol'' is brimming with modern amenities, including a newer roof, HVA system, plumbing, and hurricane windows and sliders. The property's outdoor space is a haven for relaxation and recreation, featuring a putting green and lush landscaping. New patio lighting and improved staircase lighting enhance the ambiance. With dehumidification units on each floor, comfort is paramount. This duplex boasts a projected income potential of $110,000 to $130,000 per year, making it an attractive investment opportunity. For those with grand visions, you have the option to expand your earnings by purchasing the adjoining vacant lot at 5331 Atlantic View , spanning 4,800 sq ft at a combined price of $1,599,000. (See MLS # 1253167). Situated at an elevation of approximately 26 feet above sea level, this lot opens doors to endless possibilities. Whether you seek an income-generating gem or a private beachside haven, this duplex offers the perfect canvas for your dreams. Don't miss your chance to experience coastal living at its finest!
Unit Size
2,386 Ft²
Days on Market
441 days
Land Size
0.12 acres
Price per sqft
$419
Property Type
Multifamily
Property Taxes
$863
HOA Dues
-
Year Built
1979

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Real MLS #1253168)

Price History

Date / Event Date Event Price
Dec 31, 2024 Sold
Sold
Dec 17, 2024 In contract -
In contract
Nov 25, 2024 Price Decreased $999,000
↓ $360K (26.5%)
Price Decreased
Oct 7, 2024 Price Decreased $1,359,000
↓ $40K (2.9%)
Price Decreased
Jul 23, 2024 Price Decreased $1,399,000
↓ $50K (3.5%)
Price Decreased
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 34
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 6
  • Roof Cover Type: 2
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,386
  • Gross Building Area: 2,386
  • Building Area: 2,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,386
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANASTASIA HILLS
  • Land Acres: 0000000120
  • Standard Land Use Code: 1110
  • County Land Use Code: 0800
  • Legal Description 1: 3-25 ANASTASIA HILLS LOT 12 BLK K OR5513/1669

Neighborhood

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

Zoning

  • Zoning: RS3

Geography

  • Assessors Map Reference: 190B
  • Parcel: 178000-0000
  • Block: K
  • Lot: 12
  • Meridian: SEC 22 TWN 08S RNG 30E
  • Municipality: ST AUGSTINE BEACH-OUTSIDE CITY
  • Latitude: 29.7969
  • Longitude: -81.2615

    Address

  • Full Address: 5330 Pelican Way
  • Address - House Number: 5330
  • Address - Street Name: Pelican
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R023
  • 4-Digit Zip Code: 7199
  • Zip Code: 32080

Valuation

    Tax

  • Total Area: 2,686
  • Tax Year: 2022
  • Tax Amount: $306,478
  • Tax Rate Code Area: 550

    Appraisal Valuation

  • Standard Deviation: 0.4806
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 3
  • Final Value: 964,742
  • High Value: 1,428,440
  • Low Value: 501,043

    Market Valuation

  • Market Total Value: $812,310
  • Market Land Value: $214,032
  • Market Improvement Value: $598,278

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $259,347

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2013
  • Current Sale Recording Date: Dec 06, 2013
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013079373
  • Previous Sale Recording Date: Jan 24, 2012
  • Previous Sale Contract Date: Jan 20, 2012
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Butler Beach


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 105 Rio Del Mar Street, St. Augustine, FL, 32080

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
105 Rio Del Mar Street #A, St. Augustine, FL, 32080 Listing by NICOLE WALLIS


Frequently Asked Questions

When was property at 5330 Pelican Way built and last sold?
The property at 5330 Pelican Way was built in 1979 and last sold on Dec 5, 2013 for $0.
How much is this home worth?
The estimated value of the home located at 5330 Pelican Way is $770,897.
What are some comparable homes to 5330 Pelican Way?
There are currently no comparable homes to 5330 Pelican Way.