721 A1A BEACH Boulevard #3
About This Property
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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 |
|---|---|---|---|
| Sep 12, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $99,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| May 12, 2015 | Sold | ||
| Sold | |||
| Nov 4, 2011 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $82,000 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
| | |||
|
Great opportunity to own a renovated, 1st floor space in an 8 unit, professional office/retail condominium building known as ''Surf Plaza'' in St. Augustine Beach. Recent complex renovations inc. metal roof, exterior paint, and a brick paved parking lot accomodating 16 spaces. Condo assoc. fee of $100.00/month inc. exterior maintenance, water, ext. bldg. insurance, and sign space. If you want A1A signage and visibility-look no further! Walking distance to beach, retail shops and restaurants.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/26/2024
|
Loft
|
1 Bath
|
375 ft²
|
$199,000
Loft
1 Bath
375 ft²
|
$185,000
-7.04%
08/09/2024
|
Noah Bailey
Keller Williams St Augustine
| |
|
07/13/2020
|
Loft
|
-
|
374 ft²
|
$115,000
Loft
-
374 ft²
|
$100,000
-13.04%
08/07/2020
|
NON MLS
NON MLS
| |
|
07/16/2018
|
Loft
|
-
|
374 ft²
|
$99,000
Loft
-
374 ft²
|
$95,000
-4.04%
10/16/2018
|
Noah Bailey
Keller Williams St Augustine
| |
|
07/16/2018
|
Loft
|
-
|
374 ft²
|
$99,000
Loft
-
374 ft²
|
$95,000
-4.04%
08/31/2018
|
Noah Bailey
Keller Williams St Augustine
| |
|
12/06/2015
| |
Loft
|
-
|
476 ft²
|
$175,000
Loft
-
476 ft²
|
-
-
|
Irene Arriola
First Coast Sotheby's International Realty
|
|
02/07/2013
|
Loft
|
-
|
8000 ft²
|
$167,500
Loft
-
8000 ft²
|
-
-
|
Joe Hatin
First Coast Sotheby's International Realty
| |
|
11/04/2011
|
Loft
|
-
|
3244 ft²
|
$82,000
Loft
-
3244 ft²
|
-
-
|
Joe Hatin
First Coast Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017