$518,510
●
House -
In Contract
54 MERCHANT Avenue
St. Johns, FL 32259
3 Beds
3 Baths
2,102 Ft²
$2,757
Est. Monthly
$211
HOA / Fees
About This Property
Lot 108 - The Martinique blends open-concept living with
thoughtfully designed spaces for comfort and flexibility. The
kitchen with a walk-in pantry overlooks the dining area and Great
Room, creating an ideal space for everyday living and entertaining.
A private study just off the foyer offers added versatility, while
the owner's suite is tucked away for privacy and easy access to the
lanai. A 4-foot garage extension provides extra room for storage,
recreational gear, or a golf cart. Located in WaterSong,
RiverTown's gated 55+ community, residents enjoy resort-style
amenities, fitness classes, walking trails, lakes, parks, and a
vibrant social calendar filled with food trucks, wine nights,
trivia, bunco, nature walks, and more.
Unit Size
2,102 Ft²
Days on Market
-
Land Size
-
Price per sqft
$247
Property Type
House
Property Taxes
-
HOA Dues
$211
Year Built
-
Listed By
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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 months ago (Real MLS #2164410)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by MATTAMY REAL ESTATE SERVICES | $518,510 | |
| Listed by MATTAMY REAL ESTATE SERVICES | |||
| Jun 30, 2020 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Smart Thermostat, Walk-In Closet(s), Primary Bathroom - Shower No Tub
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 2102
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Property Condition: Under Construction
Year Built: 2026
Waterfront Features: Pond
Levels: One
Construction Materials: Fiber Cement, Frame
Patio and Porch Features: Covered, Front Porch, Rear Porch
Lot Features: Sprinklers In Front, Sprinklers In Rear
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Basketball Court, Clubhouse, Dog Park, Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management, Park, Playground, Spa/Hot Tub, Tennis Court(s), Children's Pool, Pickleball
HOA Fee: $211
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About St. Johns
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Listed by: MATTHEW BERKIS, MATTAMY REAL ESTATE SERVICES
Last Updated: 2 months ago
Data Source: Real MLS, MLS# 2164410
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 months ago
Data Source: Real MLS, MLS# 2164410
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