68 POSADAS Lane
About This Property
This well-maintained, move-in-ready home offers a functional and inviting layout with comfortable living spaces designed for both everyday living and entertaining. The fully fenced backyard creates a private outdoor retreat perfect for relaxing, pets, play, or gathering with friends and family. The patio's outdoor gas hookup makes grilling and outdoor cooking easy and convenient, while the epoxied garage floor adds a clean, polished touch with lasting durability.
Upstairs, you'll find a versatile flex space that can easily serve as a second living area, media room, playroom, home office, fitness space, or study nook--offering the flexibility today's buyers are looking for. Why wait for new construction when this home already includes upgrades, established fencing, and added features without the delays, extra expense, or post-closing projects?
Residents of Cordova Palms enjoy resort-style amenities including a sparkling pool, fitness center, clubhouse, playgrounds, sports fields, walking trails, and open green spaces designed for an active Florida lifestyle. Conveniently located near shopping, dining, top-rated St. Johns County schools, and with easy access to I-95, historic downtown St. Augustine, and the area's beautiful beaches, this location offers both convenience and lifestyle appeal.
As an added bonus, this home's CDD bond has already been paid off, helping keep the total annual CDD assessment significantly lower than many neighboring homes within the community -- a valuable long-term ownership benefit for the next homeowner.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Price Decreased |
$389,000
↓ $6K
(1.5%) | |
| Price Decreased | |||
| May 31, 2026 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| May 7, 2026 | Listed by RE/MAX UNLIMITED | $400,000 | |
| Listed by RE/MAX UNLIMITED | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About St. Johns
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,800 /mo
- 2 Beds
- 2 Baths
- 1,109 ft²
$2,600 /mo
- 4 Beds
- 2 Baths
- 1,975 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017