$439,900
●
House -
Off Market
5388 3RD Street
St Augustine, FL 32080
2 Beds
2 Baths
1,365 Ft²
$2,160
Est. Monthly
About This Property
Smack dab in the middle of paradise, this house boasts the charm of
a suburban home, yet offers the tropical allure of a Florida
getaway. This ideally located two bedroom, two bathroom beach house
sits in the quiet community of Butler Beach, just a five-minute
walk to the beach and a fifteen-minute drive to historic downtown
St. Augustine. Close to restaurants and shops, it offers wide-open
living space, high ceilings, and a newer kitchen, making it perfect
for weekend gatherings, full-time living, or as an income source
for vacation or long-term rentals. All information pertaining to
the property is deemed reliable, but not guaranteed. Information to
be verified by the Buyer.
Unit Size
1,365 Ft²
Days on Market
-
Land Size
-
Price per sqft
$322
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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: 2 years ago (Real MLS #1142470)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2023 | No longer available | - | |
| No longer available | |||
| Sep 20, 2023 | Price Decreased |
$454,900
↓ $20K
(4.2%) | |
| Price Decreased | |||
| Aug 18, 2023 | Price Decreased |
$474,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 25, 2023 | Listed by Fair Realty Inc. | $479,900 | |
| Listed by Fair Realty Inc. | |||
| | |||
|
BEACH HOUSE & YOU CAN AIRBNB! Located in South St Augustine Beach nestled between the beach & the river. Walk to the beach in 10 minutes from this adorable home that offers 3 bedrooms & 2 baths PLUS a large flex room. Storage room with a large 1 car garage door access for Bikes & the beach toys. Spanish tile floors throughout makes this home easy to maintain. Private, Large covered lanai to enjoy the ocean breezes. Revitalized Modern style kitchen offers an eat in area or flex space for more cabinets. HUGE combination family / dining room for entertaining or relaxing. Public Beach access with a park for parking off A1A & Public boat ramp one street south of Marvin Street. No HOA so come make this home yours . Septic Tank has been abandoned, now hooked to city sewer The manager has listed the unit size as 1365 square feet.
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Butler Beach
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Listed by: DJ DELLA SALA, DJ & LINDSEY REAL ESTATE
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1142470
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1142470
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