38
Map
54 GROVE Avenue
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $499,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| Jan 6, 2026 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 30, 2025 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Beautifully restored and renovated 1919 vintage Florida Bungalow! Offering 2-bedrooms, 1.5-bathroom, this charming home is ideally located in the heart of Historic Downtown St. Augustine. Thoughtfully designed living space, this property offers both comfort and convenience—currently operating as a successful short-term rental! A screened front porch sets the tone for relaxed Florida living, welcoming you into a bright interior with hardwood flooring throughout. The living room flows into a cozy dining area, creating a warm, open feel. Head back to the kitchen, complete with stainless steel appliances, a breakfast bar, and a convenient half bath. A door off the kitchen opens to the backyard, offering space to unwind or entertain outdoors. Both bedrooms and the full bathroom are tucked just off the living room, providing an efficient and private layout. A detached one-car garage adds valuable storage and off-street parkingan added bonus in this desirable downtown location. Whether you're looking for a primary residence, vacation home, or income-producing property, this historic gem offers an unbeatable opportunity in one of St. Augustine's most iconic neighborhoods. It is a 7-8 minute walk to the Visitor's Center and St. George Street, and all of the downtown area including the Fort and riverfront is within a 15-20 minute walk of the home. Hop in your car or on your bike and Vilano Beach or Anastasia Island State Park is just a short 3 mile ride away along with the Ampitheatre, Alligator Farm, and St. Augustine Lighthouse. There is no shortage of an eclectic mix of fun and great local eateries. Enjoy!
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| Apr 19, 2006 | Sold | ||
| Sold | |||
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About Uptown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017