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Butler Beach 32080
5355 PELICAN Way
$358,000
● House - Off Market

5355 PELICAN Way

St Augustine, FL 32080
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1,896 Ft²
$721,311
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

HUGE POTENTIAL! Oceanview home just steps to beach access. A unique opportunity to renovate this beach home on a Rare 100'X186' Double Lot! Home has good bones & will be fabulous after it's renovated, use as a primary, 2nd home or beach vacation rental property with fabulous income potential. Beach access just steps away to miles of sugar sand paradise. Flex spaces could be made into add'l bedrooms. Offered AS IS. Home could be raised and lot split into 2 building lots, build on 1 sell the other.
Unit Size
1,896 Ft²
Days on Market
-
Land Size
-
Price per sqft
$210
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #757463)

Price History

Date / Event Date Event Price
Apr 20, 2015 Sold
Premium
Sold
Feb 12, 2015 Listed by SCHEIRER REALTY, INC. $399,000
Listed by SCHEIRER REALTY, INC.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 18
  • 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: 552
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,730
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,448
  • Gross Building Area: 2,448
  • Building Area: 1,896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANASTASIA HILLS
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 3-25 ANASTASIA HILLS LOTS 8 & 9 BLK A OR 4016/188

Neighborhood

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

Zoning

  • Zoning: RS3

Geography

  • Assessors Map Reference: 190B
  • Parcel: 177660-0080
  • Block: A
  • Lot: 8,9
  • Meridian: SEC 22 TWN 08S RNG 30E
  • Municipality: ST AUGSTINE BEACH-OUTSIDE CITY
  • Latitude: 29.7962
  • Longitude: -81.2619

    Address

  • Full Address: 5355 Pelican Way
  • Address - House Number: 5355
  • Address - Street Name: Pelican
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R023
  • 4-Digit Zip Code: 7151
  • Zip Code: 32080

Valuation

    Tax

  • Total Area: 2,454
  • Tax Year: 2022
  • Tax Amount: $507,906
  • Tax Rate Code Area: 550

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 733,455
  • High Value: 894,659
  • Low Value: 572,251

    Market Valuation

  • Market Total Value: $854,883
  • Market Land Value: $510,720
  • Market Improvement Value: $344,163

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $416,007

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 17, 2015
  • Current Sale Recording Date: Apr 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015023366
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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: THOMAS SCHEIRER, SCHEIRER REALTY, INC.
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 757463
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 5355 Pelican Way built and last sold?
The property at 5355 Pelican Way was built in 1970 and last sold on Apr 17, 2015 for $358,000.
How much is this home worth?
The estimated value of the home located at 5355 Pelican Way is $0.
What are some comparable homes to 5355 Pelican Way?
There are currently no comparable homes to 5355 Pelican Way.
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