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St. Johns
5608 LONG MARSH Drive
$50,000
● Land - Off Market

5608 LONG MARSH Drive

Elkton, FL 32033
bedrooms
Studio
bathrooms
0 Bath
$79,130
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Fantastic lot on the Golf Course located in desirable Cypress Lakes.  Your back yard will overlook the 2nd golf tee and fairway. Low Maintenance fees, no CDD fees. Looking for that perfect spot to build your dream home? This is it! Come live the good life. Drive by and see your new golf course home site.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$30
Year Built
2019

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #945905)

Price History

Date / Event Date Event Price
Aug 3, 2023 Sold
Premium
Sold
Mar 1, 2022 Sold
Premium
Sold
Mar 11, 2019 Sold
Premium
Sold
Jul 8, 2018 Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE $52,900
Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Apr 1, 2016 Sold
Premium
Sold
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Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,325
  • Total Building Area: 2,224
  • Gross Building Area: 2,224
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS LAKES UNIT FOUR
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: 55/13-18 CYPRESS LAKES UNIT 4 LOT 67 OR5504/389

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021102

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 123D
  • Parcel: 137369-0670
  • Lot: 67
  • Meridian: SEC 16 TWN 08S RNG 29E
  • Municipality: COUNTY
  • Latitude: 29.8041
  • Longitude: -81.3774

    Address

  • Full Address: 5608 Long Marsh Dr
  • Legal Unit: 4
  • Address - House Number: 5608
  • Address - Street Name: Long Marsh
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Elkton
  • Carrier Code: R003
  • 4-Digit Zip Code: 4038
  • Zip Code: 32033

Valuation

    Tax

  • Total Area: 2,020
  • Tax Year: 2022
  • Tax Amount: $198,269
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 428,147
  • High Value: 502,291
  • Low Value: 354,003

    Market Valuation

  • Market Total Value: $305,675
  • Market Land Value: $68,320
  • Market Improvement Value: $237,355

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $175,772

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 61124
  • Previous Sale Recording Date: Mar 01, 2022
  • Previous Sale Contract Date: Feb 25, 2022
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 71
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 St. Johns

Stats & Trends

Median Asking:

$519,000

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2223 ft²

Average Home Age

16.9 years

Currently For Sale

2851 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 466 W New England Drive, ELKTON, FL, 32033

$2,850 /mo

  • 4 Beds
  • 2 Baths
  • 1,864 ft²
466 W New England Drive, ELKTON, FL, 32033 Listing by Paola Cornejo

Rentals Near You

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

Listed by: BRENDA MEADE, KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 945905
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 5608 Long Marsh Drive built and last sold?
The property at 5608 Long Marsh Drive was built in 2019 and last sold on Aug 1, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 5608 Long Marsh Drive is $0.
What are some comparable homes to 5608 Long Marsh Drive?
There are currently no comparable homes to 5608 Long Marsh Drive.
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