$750,000
●
House -
Off Market
872 OCEAN PALM Way
St Augustine, FL 32080
3 Beds
3 Baths,
1
Half Bath
2,452 Ft²
$912,054
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Nestled among the windswept oaks in Sea Colony, 872 Ocean Palm
exudes classic southern charm with it's large front porch and
balcony. Inside you will find a smartly designed floor plan that is
open with the option to screen the kitchen from guests. The
screened side porch is the perfect spot for outdoor cooking. Take
the elevator to the second floor where you will find the expansive
primary bedroom suite with storybook balcony and separate shower
and soaking tub, 2 guest bedrooms with joining bath, a cozy loft
area, ample laundry room and 6 closets (4 walk-in). Low maintenance
yard and 24-hr security make this the perfect lock and leave home
if you like to travel or are searching for a second home. Sea
Colony features guard access, direct beach access and a community a
pool with clubhouse. clubhouse.
Unit Size
2,452 Ft²
Days on Market
-
Land Size
-
Price per sqft
$306
Property Type
House
Property Taxes
-
HOA Dues
$258
Year Built
2003
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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: 3 years ago (Real MLS #1101536)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2024 | No longer available | - | |
| No longer available | |||
| Mar 16, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Engel & Volkers St Augustine | $1,275,000 | |
| Listed by Engel & Volkers St Augustine | |||
| | |||
|
Surround Yourself In Luxury In This Stunning Home By The Ocean,Located In The Highly Coveted Community Of Sea Colony. Working Alongside Both Designers And Architects,This Home Has Been Completely Transformed. No Surface Or System Was Left Untouched. Walls Were Reconfigured,Wolfe,Miele,Sub-zero And Exotic Quartz Were Added In Addition To The Luxurious Floor-to-ceiling European Style Cabinetry. Lighting And Flooring Were Replaced And Bathrooms Were Completely Remodeled. The Stairs Were Rebuilt,Adding Additional Storage. Two Exquisite Living Areas Offer Additional Space For Family And Friends To Enjoy. New Generator & Water Softener/Filtration System Added. Exterior Repainted And New Landscaping Gives A Lush Tropical Feel To The Home. Additionally,The Home Was Re-plumbed And Re-wired. Highly Desired For Its 24-hour Security,Sea Colony Is The Only Guard-gated Oceanfront Community In St Augustine And Offers A Heated Community Pool,Club House And 4 Beach Walkovers. Home Elevator.,St. Augustine's Old World Charm,Fine Dining,And Miles Of Pristine,Undisturbed Beaches Offers A Lifestyle Like No Other. Sea Colony,Saint Augustine's Only Guard-gated Oceanfront Community Is A Rare Gem... Soaring Palms Sway In The Breezes And Pastel Colored Homes Invite A Sense Of The Tropics. The Heated Community Pool And Club House Are An Added Bonus To The Miles Of Sandy Beach Just Outside Your Door. Begin Your Day With A Morning Walk Or Jog Along The Shore,Or Meeting Friends For Coffee At Starbucks,Located Just Outside The Sea Colony Gates. This Is Paradise Awaiting Your Arrival... The manager has listed the unit size as 2452 square feet.
| |||
| Jul 14, 2023 | Sold | ||
| Sold | |||
| May 20, 2023 | Listed by ENDLESS SUMMER REALTY | $1,100,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
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Property Highlights
Garage
Elevator
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About St. Augustine Beach
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Listed by: GREGORY MCCARTHY, ENDLESS SUMMER REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1101536
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: 3 years ago
Data Source: Real MLS, MLS# 1101536
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