$2,500,000
↓ $20K (2.7%)
●
Land -
Off Market
610 A1A BEACH Boulevard
St Augustine Beach, FL 32080
Studio
0 Bath
$12,276
Est. Monthly
About This Property
LARGE COMMERCIAL SITE EAST OF A1A BEACH BLVD, LESS THAN 100 YARDS
TO THE BEAUTIFUL SANDS OF ST. AUGUSTINE BEACH....DIRECTLY ACROSS
THE STREET FROM A BRAND NEW MARRIOTT WITH 206 ROOMS AND A
CONVENTION CENTER.
Unit Size
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Days on Market
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Land Size
0.70 acres
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Land
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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 years ago (Real MLS #824377)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2024 | Price Decreased |
$729,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| May 2, 2023 | Listed | $749,000 | |
| Listed | |||
| | |||
|
SEE VIDEO under Facts & Features and Virtual Tour. Location! Location! Location! Vacant commercial lot located east of A1A Beach Blvd in the heart of St Augustine Beach. On the southeast corner of 5th Street and A1A Beach Blvd, with 105' A1A Beach Blvd. frontage. Many uses are allowed under the existing commercial zoning and other possibilities such as a mixed-use project with previously approved mixed-use variance with the city. Inquire about the existing architectural and engineering plans to build a property with commercial on the first story and residential on the second story. Vacation rentals are allowed. Great spot for franchise, business or beach home. Great walkability along A1A Beach Blvd with beach access at the end of 5th Street only 500 feet away! Property is level and dry and has a X flood zone designation.
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| Apr 25, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by REMAX LEADING EDGE | $549,000 | |
| Listed by REMAX LEADING EDGE | |||
| | |||
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Location! Commercial lot with 105' A1A Beach Blvd. frontage. Located on the east side of A1A Beach Boulevard, this property is zoned commercial and residential with previously approved mixed-use variance with the city. Build your dream beach home with room for a pool and possible ocean view from the upper story. Or use existing architectural and engineering plans to build a property with commercial on the first story and residential on the second story. Vacation rentals are allowed. Great spot for franchise, business or beach home. Not in a flood zone. Survey available. Great walkablility with a sidewalk along A1A Beach Blvd. and located 500 ft. from the beach, this vacant lot is located in the heart of St. Augustine Beach.
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| Dec 21, 2018 | Sold | ||
| Sold | |||
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About St. Augustine Beach
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Listed by: DANIEL LANG, SUNSHINE REALTY & VACATION RENTALS, LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 824377
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 years ago
Data Source: Real MLS, MLS# 824377
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