$1,550,000
●
House -
Off Market
704 OCEAN FRONT
Neptune Beach, FL 32266
3 Beds
3 Baths,
1
Half Bath
1,952 Ft²
$2,286,616
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Welcome to an absolutely awesome oceanfront delight w/ a
sep. charming cottage in highly sought-after NB! Just 5 blocks to
''the corner'' & favorite village eateries, this is a rare gem w/
TWO homes to enjoy! The front home is direct oceanfront, restored
in '98 to reflect its orig. character w/ expansive wtr views! Relax
on an ocean deck, savor the breeze & take a sunshine siesta! It has
1952 sq ft, 3 BRs, 3.5BAs & feels like a ''Nantucket'' hideaway w/ true vintage personality! The lrg MBR has stunning
vistas! The rear 2nd home ''casita'' has beautiful 2nd sty ocean
views, 920 sq ft, 1BR 2BAs, totally rebuilt in 2002 & detailed w/
cedar walls & ceilings-just ADORABLE as perfect Guest Qtrs.
or a rental! This unique 2-home setting is ''Paradise Found''! Show
w/ LA--pre-qualified buyers! buyers!
Unit Size
1,952 Ft²
Days on Market
69 days
Land Size
-
Price per sqft
$794
Property Type
House
Property Taxes
-
HOA Dues
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Year Built
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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: 11 months ago (Real MLS #984058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2019 | Sold | ||
| Sold | |||
| Mar 15, 2019 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $1,550,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| May 31, 2012 | Sold | ||
| Sold | |||
| Apr 1, 2011 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $1,450,000 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
| | |||
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The Oceanfront living opportunity you have been waiting for! One of the Best locations in all of Neptune Beach. Two beautiful homes completely renovated. The main house was renovated in 1998 and is an unbelievable 2 story 3 bed 3 1/2 bath 1,952 sq. ft. oceanfront home that is the perfect beach house. The roof was replaced less than a year ago and the house was painted about 2 years ago. The guest house was renovated in 2000 and is 1bed/2bath 920 sqft. The guest house provides maximum privacy for you and all of your guests, or can even be used for rental income. If you are looking for oceanfront living you need to see this opportunity!
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About Beaches
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Listed by: ROSEMARY NAUGHTON, KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Last Updated: 11 months ago
Data Source: Real MLS, MLS# 984058
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: 11 months ago
Data Source: Real MLS, MLS# 984058
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