689 16TH Street
About This Property
With standout curb appeal, a large circular driveway, and a spacious 2.5-car garage, this home makes a strong first impression. Inside, the possibilities are endless: the downstairs is a blank canvas awaiting your vision, while the upstairs offers over 1,000 square feet of unfinished space-ideal for a luxurious primary suite, multi-generational living area, loft, home office, gym, or game room. Out back, enjoy a generous patio with a screened-in lanai and private poolperfect for relaxing or entertaining after a day at the beach. Additional features include updated plumbing and electrical systems, plus zoning for the highly sought-after RB Hunt Elementary. With no HOA and incredible potential, this one-of-a-kind property offers a rare opportunity to own a distinctive home in one of Saint Augustine Beach's most desirable locations.
All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells. Photos are digitally enhanced and could be altered, please verify.
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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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by DJ & LINDSEY REAL ESTATE | $699,000 | |
| Listed by DJ & LINDSEY REAL ESTATE | |||
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About St. Augustine Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017