$185,000
●
Commercial -
Off Market
721 A1A BEACH Boulevard #5
St Augustine, FL 32080
Studio
1 Bath
375 Ft²
$1,410
Est. Monthly
$340
HOA / Fees
About This Property
Awesome Commercial Opportunity in the heart of St. Augustine
Beach's ''Golden Mile''! Imagine having your office just steps from
the beach. This ground level unit offers 375 SF of renovated space
with restroom, break room, and off-street parking. Professional or
business offices welcome! Located on A1A just south of A Street you
are just a walk from restaurants, coffee and shopping.
Unit Size
375 Ft²
Days on Market
-
Land Size
-
Price per sqft
$504
Property Type
Commercial
Property Taxes
$141
HOA Dues
$340
Year Built
-
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Cap Rate Calculator
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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 years ago (Real MLS #2022224)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Price Decreased |
$189,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Apr 26, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $199,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| Oct 31, 2018 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Details
Parking Features: Parking Lot
Interior Details
Flooring Type: Carpet, Tile
Exterior Details
Year Built: 1988
Parcel Number: 1706900031
Zoning Description: Commercial
Roof: Metal
Construction Materials: Concrete, Stucco
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,693
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Heat Pump
Sewer Information: Public Sewer
Water Information: Public
Location Details
Association Fee: $1,021
Association Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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
About St. Augustine Beach
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Listed by: NOAH BAILEY, KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2022224
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 years ago
Data Source: Real MLS, MLS# 2022224
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