5705 COUNTY ROAD 208 #C
About This Property
**Property Features:**Acreage:15.7 total acres, including approximately 4 acres of cleared land. **Existing Home:** A solid 2,400+ sq. ft. concrete block home ready for renovation or use during development.**Utilities:** Artesian well, power connected, septic and several usable outbuildings already in place. **Natural Beauty:** Stunning mature trees, a private pond, and serene surroundings. **Zoning:**Zoned OR (Open Rural), allowing for a variety of residential and commercial uses. Contact us for the full breakdown of zoning opportunities, including potential to subdivide. **Prime Location**Convenient access from CR 208 and additional access via Owl Creek Rd. Located in one of St. Johns County's fastest-growing areas: 15 minutes to I-95 and major retail centers like Buc-ee's, Bass Pro Shops, and Costco.10 minutes to Publix (two locations) and the soon-to-be-completed Home Depot.
Plans for a nearby Walmart add even more value to this prime location.**Endless Possibilities**Developers can explore subdivision options, while families can create a sprawling estate with room for everything you've ever dreamed of. The blend of cleared land and natural beauty makes this property truly one of a kind. Don't miss this opportunity to invest in one of Florida's most sought-after areas. Dream big in St. Johns County, this property is ready for your vision.
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Dec 9, 2025 | Price Decreased |
$1,300,000
↓ $75K
(5.5%) | |
| Price Decreased | |||
| May 27, 2025 | Price Decreased |
$1,375,000
↓ $25K
(1.8%) | |
| Price Decreased | |||
| Apr 8, 2025 | Price Decreased |
$1,400,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/16/2025
|
3 Bed
|
1 Bath
|
2490 ft²
|
$1,600,000
3 Bed
1 Bath
2490 ft²
|
$1,000,000
-37.50%
04/24/2026
|
CHRISTOPHER T SNOW
eXp REALTY LLC
|
Building Info
About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017