$499,276
●
House -
For Sale
64 MERCHANT Avenue
St. Johns, FL 32259
2 Beds
2 Baths
1,900 Ft²
$2,663
Est. Monthly
$211
HOA / Fees
4.61%
Cap Rate
About This Property
Lot 109 - The Cayman welcomes you with an open, airy layout
designed for effortless living and entertaining. The spacious
kitchen features a large island overlooking the dining area and
Great Room, creating a seamless flow for everyday living. A
striking 12-foot multi-sliding glass door opens to the lanai,
extending the living space outdoors. A private study offers
flexibility for working from home or pursuing hobbies, while a
secondary bedroom provides comfort for guests. Tucked away at the
rear of the home, the owner's suite offers a peaceful retreat and
includes convenient laundry room access through the walk-in closet.
A 4-foot garage extension adds valuable storage space for tools,
recreational gear, or a golf cart. Located in WaterSong,
RiverTown's gated 55+ community, residents enjoy resort-style
amenities, fitness classes, walking trails, lakes, parks, and a
vibrant social calendar featuring food trucks, wine nights, trivia,
bunco, nature walks, and more.
Unit Size
1,900 Ft²
Days on Market
59 days
Land Size
-
Price per sqft
$263
Property Type
House
Property Taxes
-
HOA Dues
$211
Year Built
-
Listed By
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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 months ago (Real MLS #2164416)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Listed by MATTAMY REAL ESTATE SERVICES | $499,276 | |
| Listed by MATTAMY REAL ESTATE SERVICES | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Smart Thermostat, Walk-In Closet(s), Primary Bathroom - Shower No Tub
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1900
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Property Condition: Under Construction
Year Built: 2026
Waterfront Features: Pond
Levels: One
Construction Materials: Fiber Cement, Frame
Patio and Porch Features: Covered, Front Porch, Rear Porch
Lot Features: Sprinklers In Front, Sprinklers In Rear
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Basketball Court, Clubhouse, Dog Park, Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management, Park, Playground, Spa/Hot Tub, Tennis Court(s), Children's Pool, Pickleball
HOA Fee: $211
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
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HOA + Taxes
About St. Johns
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Listed by: MATTHEW BERKIS, MATTAMY REAL ESTATE SERVICES
Last Updated: 2 months ago
Data Source: Real MLS, MLS# 2164416
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 months ago
Data Source: Real MLS, MLS# 2164416
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