7870 A1A S #308
About This Property
market often, and this particular unit has never been on the short term rental program. Minor renovations are needed, but rental income potential from 3
bedroom units like this is excellent. Every bedroom and the living room have great ocean views. All rooms have new impact resistant sliders leading out to
the private 60 foot long ocean view patio. Enter Ocean House Condo where you'll find ample parking. A secure, keypad activated front door opens to a spacious, inviting lobby where a private
elevator awaits to take you to your 3rd floor, flat style unit. Upon entering the 3rd floor, breathtaking Intracoastal views are available from the 3rd story
balcony which is a great place to take in a sunset. Stroll down the hall to unit 308 and enter this spacious 3/2 unit which boasts 1500+ square feet of living
space and ocean views from every room. The 60ft patio is a great place to relax and soak in the sunshine rich southern exposure offered from this unit.
Minor renovations are needed, but the heavy lifting has already been done as the windows, doors and HVAC have all recently been updated. The impact
windows and sliders are superb quality and were installed at the owners expense which was around $30,000. It's hard to find a 3 bedroom, ocean view
condo for this price where the HOA fees are only $400/month to boot. Ocean House definitely offers a lot of value compared to other condo complexes in
the area. Laundry is available on site, but this unit has it's own washer and dryer which is uncommon for this complex. Only one 3 bedroom unit is currently on the rental program here, and it's booked just about year round. For the condo buyer seeking quality and value, it's hard to beat Ocean House
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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%.
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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 |
|---|---|---|---|
| Jul 12, 2021 | Sold | ||
| Sold | |||
| May 30, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $650,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| | |||
|
Rarely available, Ocean House 3 bedroom, top floor unit with elevator access and all with fabulous ocean views! This fully renovated unit offers tile throughout, kitchen with lots of cabinetry, newer appliances and solid surface countertops, spacious living room, large bedrooms sizes that all have balcony access, bead board ceiling and interior washer and dryer. Short term rentals allowed with one week minimum and unit is being sold fully furnished!
Ocean House Condominium provides wonderful amenities to include a lovely courtyard pool, private beach walkover, putting green, secured entrances to the building, outside social areas, gas BBQ grills, elevators, Intracoastal views, elevated sun decks, ample parking and the complex is very well maintained.
| |||
| Apr 8, 2016 | Sold | ||
| Sold | |||
| Oct 6, 2015 | Listed by ENDLESS SUMMER REALTY | $369,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/12/2025
|
2 Bed
|
2 Bath
|
1200 ft²
|
$520,000
2 Bed
2 Bath
1200 ft²
|
$420,000
-19.23%
03/30/2026
|
CHRISTOPHER T SNOW
eXp REALTY LLC
| |
|
12/18/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$595,000
2 Bed
2 Bath
1200 ft²
|
$557,500
-6.30%
07/22/2025
|
SHELLEY NEMETHY
DAVIDSON REALTY, INC.
| |
|
08/09/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$625,000
2 Bed
2 Bath
1200 ft²
|
$550,000
-12.00%
10/18/2024
|
DANA HANCOCK
RE/MAX SPECIALISTS
| |
|
08/03/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$650,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
MICHAEL DAUGUSTINIS PA
COLDWELL BANKER VANGUARD REALTY
| |
|
07/24/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$375,000
2 Bed
2 Bath
1200 ft²
|
$325,000
-13.33%
09/04/2024
|
Luke Newcomer
THE NEWCOMER GROUP
| |
|
07/05/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$499,900
2 Bed
2 Bath
1200 ft²
|
$475,000
-4.98%
08/07/2024
|
Lyneska Medina
Prime Real Estate Company
| |
|
03/09/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$774,900
2 Bed
2 Bath
1200 ft²
|
$610,000
-21.28%
06/07/2024
|
Betsy Pepine
Pepine Realty
| |
|
03/08/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$529,000
2 Bed
2 Bath
1200 ft²
|
$455,000
-13.99%
08/30/2024
|
Jill Cameron
Heartland Real Estate Services LLC
| |
|
02/01/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$565,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Isabelle "Mimi" Wahlmann
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
06/13/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$729,000
2 Bed
2 Bath
1200 ft²
|
$687,500
-5.69%
08/18/2023
|
Jason Asher
Landmark Properties LLC
| |
|
12/14/2022
| |
2 Bed
|
2 Bath
|
1200 ft²
|
$559,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Marion Richardson
Coldwell Banker Premier Properties
|
|
05/21/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$615,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Katherine DeLeo
Century 21 St Augustine Properties
| |
|
05/11/2023
|
1 Bed
|
2 Bath
|
1200 ft²
|
$498,900
1 Bed
2 Bath
1200 ft²
|
$475,000
-4.79%
07/21/2023
|
William A Miller
Soaring Real Estate, LLC
| |
|
12/15/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$614,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
E. Betsy Pepine
Pepine Realty
| |
|
12/14/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$499,500
2 Bed
2 Bath
1200 ft²
|
$480,000
-3.90%
05/31/2023
|
NON MLS
NON MLS
| |
|
01/04/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$584,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Bill Miller
Coldwell Banker Premier Properties
| |
|
05/30/2021
|
3 Bed
|
2 Bath
|
1572 ft²
|
$650,000
3 Bed
2 Bath
1572 ft²
|
$645,000
-0.77%
07/12/2021
|
Stefanie Bernstein
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
02/06/2021
|
2 Bed
|
2 Bath
|
1200 ft²
|
$629,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
09/17/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$350,000
2 Bed
2 Bath
1200 ft²
|
$340,000
-2.86%
12/22/2020
|
DJ DELLA SALA
DJ & LINDSEY REAL ESTATE
| |
|
09/14/2020
|
2 Bed
|
2 Bath
|
-
|
$334,900
2 Bed
2 Bath
|
$334,900
11/18/2020
|
Wendy Sawyer
Prime Real Estate Company
| |
|
06/25/2020
|
Studio
|
4 Bath
|
-
|
$309,000
Studio
4 Bath
|
$290,000
-6.15%
09/18/2020
|
JILL MANGUM
CRESCENT BEACH REALTY OF ST AUGUSTINE INC
| |
|
06/16/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$429,000
2 Bed
2 Bath
1200 ft²
|
$398,000
-7.23%
07/16/2020
|
BELINDA RAVAN
ENDLESS SUMMER REALTY
| |
|
05/12/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$350,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
02/06/2020
| |
2 Bed
|
2 Bath
|
1200 ft²
|
$339,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
|
02/03/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$335,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
DJ DELLA SALA
DJ & LINDSEY REAL ESTATE
| |
|
01/06/2020
|
3 Bed
|
2 Bath
|
1200 ft²
|
$598,000
3 Bed
2 Bath
1200 ft²
|
$571,000
-4.52%
03/05/2020
|
Stefanie Bernstein
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
10/15/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$397,600
2 Bed
2 Bath
1200 ft²
|
$390,000
-1.91%
03/16/2020
|
William A Miller
Soaring Real Estate, LLC
| |
|
10/08/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$379,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
02/04/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$524,900
2 Bed
2 Bath
1200 ft²
|
$512,500
-2.36%
06/28/2019
|
William A Miller
Soaring Real Estate, LLC
| |
|
08/14/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
-
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
08/06/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
$550,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Tony Pandzic
REAL BROKER, LLC
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
$309,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Lenny Byrd
JP AND ASSOCIATES REALTORS CITY AND BEACH
| |
|
04/07/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
$650,000
2 Bed
2 Bath
1200 ft²
|
$615,000
-5.38%
05/14/2018
|
KAREN PEIL
REMAX MARKET FORCE
| |
|
07/02/2017
| |
2 Bed
|
2 Bath
|
1200 ft²
|
-
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
|
09/27/2016
|
2 Bed
|
2 Bath
|
1200 ft²
|
$274,900
2 Bed
2 Bath
1200 ft²
|
$249,000
-9.42%
12/01/2016
|
Leslie Taylor
Berkshire Hathaway Homeservice (PV)
| |
|
10/06/2015
|
3 Bed
|
2 Bath
|
1572 ft²
|
$369,000
3 Bed
2 Bath
1572 ft²
|
$340,000
-7.86%
04/08/2016
|
DAVID KFOURY
ENDLESS SUMMER REALTY
| |
|
10/09/2009
|
2 Bed
|
2 Bath
|
1200 ft²
|
$549,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
LYNDA LEARN
COLDWELL BANKER VANGUARD REALTY
| |
|
01/15/2008
| |
2 Bed
|
2 Bath
|
1200 ft²
|
$399,000
2 Bed
2 Bath
1200 ft²
|
$366,500
-8.15%
06/05/2009
|
Charlie Hillyer
Engel & Volkers Jacksonville
|
|
04/12/2007
|
2 Bed
|
2 Bath
|
1200 ft²
|
$598,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
BARBARA WOOD
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
| |
|
03/26/2007
|
2 Bed
|
2 Bath
|
1200 ft²
|
$575,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Teresa Mercurio
RE/MAX 100 Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017