541 PENINSULA Court
About This Property
Step inside and you'll immediately notice the attention to detail: new windows, new flooring throughout, a brand-new driveway and walkway, and high-definition Cat 3 hurricane-rated shingles for extra peace of mind. With blown-in insulation and a new irrigation pump, this home combines comfort and efficiency. (Be sure to check the MLS for a full list of notable upgrades - it's extensive!) Enjoy your evenings in the screened lanai, the perfect space for entertaining or simply soaking in tranquil sunset views over the water. Located just minutes from everything you love - walk to the Amphitheatre, bike to the Pier and beach, or take a quick ride to historic downtown St. Augustine. Plus, shopping and dining are right around the corner! Low HOA - only $276/quarter
The Commodores Club offers resort-style amenities:
Community pool
Tennis courts
Covered pavilion
Playground
Basketball court
Large open field for sports and recreation
This home is truly move-in ready - all that's missing is you. Don't miss this rare opportunity to live lakefront on the Island - schedule your private showing today!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 28, 2025 | Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | $545,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | |||
| Sep 3, 2025 | Price Decreased |
$550,000
↓ $35K
(6%) | |
| Price Decreased | |||
| Aug 26, 2025 | Price Decreased |
$584,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017