620 KINLAW Road
About This Property
Welcome to the canvas of your future! Nestled on a tranquil, corner lot in the heart of St. Augustine, this 0.3-acre gem offers you a world of possibilities. With R3 zoning, envision the creation of your own single-family oasis or perhaps a lucrative duplex investment.
Located just 1.5 miles from the historic district and Flagler College, you're never far from the rich history and cultural charm this city is renowned for. But that's not all! This vacant corner lot, once home to a charming abode, now awaits your vision. The beauty here is not just in the property itself but also in the savings; imagine bypassing impact fees thanks to its previous residential status.
And did we mention the elevation? At a secure 16 feet above sea level, your coastal haven remains safe and sound, far from flood concerns.
Seize the opportunity to craft your dream space from the ground up. This empty slate is your chance to write your own story, surrounded by the tranquility of a quiet location, the charm of St. Augustine, and the promise of a prosperous future. Don't miss out - your dream home or investment awaits!
Both lots can se sold separately : lot 3 - 95,000 and lot 4 - 125,000
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2025 | Listed | $195,798 | |
| Listed | |||
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Motivated Seller: This is a beautiful corner parcel that consist of 2 lots. Only minutes from downtown Historic St Augustine, shopping and restaurants. The majority of the parcel has been cleared and ready to build, there was a house previously on the property that was removed for your convenience. Perfect for 2 individual houses or one family home with additional room for RV or boat parking. This is a dream location.
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| Aug 31, 2023 | Listed by FLORIDA HOMES REALTY & MTG LLC | $220,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Nov 29, 2022 | Listed by FLORIDA HOMES REALTY & MTG LLC | $89,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Nov 29, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017