8850 OLD A1A #3
About This Property
Renovated, with a brand new A/C this condo has a fabulous open floor plan, exquisite finishes, beautiful rooms filled with natural sunlight and sweeping views of the Matanzas Inlet and Atlantic Ocean. A well thought out living area with low maintenance flooring and an expansive deck leading to the beach, make this condo a perfect place for a family retreat or investment property. Begin your daily meditation or enjoy your morning coffee in your direct, private ocean front deck. End the day entertaining family and friends in your private peace of paradise with enchanting views of the Atlantic Ocean. Stunning vistas start at your kitchen and continue throughout the condo with an abundance of floor to ceiling glass walls and views.
The kitchen is open to the living room and overlooks the deck, perfect for entertaining and cooking outdoors. It has white custom cabinetry and granite counter tops.
The master suite is away from it all on the lower level. For a stylish twist, a glassed-in room adjacent to the master bedroom can be used as a private office, 3rd bedroom or sitting room. It has amazing views and fabulous ocean breezes. This room is non-conforming.
There is plenty of storage in the oversized unit behind the one car covered parking spot. It will accommodate all the bikes, beach toys, fishing poles and more.
Location is everything. This condo is close to restaurants, shopping, golf and historic downtown St. Augustine. A lifestyle of leisure awaits you in this condo where the Beach and Intracoastal are just steps away.
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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 |
|---|---|---|---|
| May 9, 2018 | Sold | ||
| Sold | |||
| Oct 12, 2017 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $450,500 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Dec 18, 2015 | Sold | ||
| Sold | |||
| Aug 27, 2015 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $425,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Secluded oceanfront condo! If you are looking for privacy and a beautifully renovated condo to boot, then this is for you. Located in St. Augustine, just south of the Matanzas Inlet, in the 9 unit enclave of Sea Matanzas. This 2bd/2ba condo offers a spacious 1408 sq. ft., is direct oceanfront, and has its own walkway to the beach right off the private patio deck. Fully renovated approximately 3 years ago, you will find a fully enclosed sunroom off of the master with exterior access to beach, beautiful wood laminate floors throughout, kitchen with solid wood white cabinets and a large, one slab granite countertop, large pantry, the bathrooms have granite tops, beautiful designer vanities, new toilets, porcelain tile, Jacuzzi tub in master bathroom and all fixtures throughout the unit are solid brass. There are ocean views from just about every room, the guest bedroom is spacious in size with its own private balcony and pool views, and there is an inside laundry. Additional features include a carport with large storage closet, 120 gallon water heater, security system, and owners closet. The community of Sea Matanzas is gated, has a new seawall, beach access to the white sand beach that is shared with only a handful of other residences so it is never crowded, and a community pool that was recently resurfaced with new deck furniture.
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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 |
|---|---|---|---|---|---|---|---|
|
06/08/2019
|
2 Bed
|
2 Bath
|
1204 ft²
|
$495,000
2 Bed
2 Bath
1204 ft²
|
$482,500
-2.53%
08/19/2019
|
MIKE WILLIAMSON
RE/MAX CONNECTS
| |
|
10/12/2017
|
2 Bed
|
2 Bath
|
1408 ft²
|
$450,500
2 Bed
2 Bath
1408 ft²
|
$450,500
05/04/2018
|
Debbie Da Silva
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
08/27/2015
|
2 Bed
|
2 Bath
|
1408 ft²
|
$425,000
2 Bed
2 Bath
1408 ft²
|
$430,000
+1.18%
12/18/2015
|
Stefanie Bernstein
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
07/14/2009
|
2 Bed
|
2 Bath
|
1150 ft²
|
$299,000
2 Bed
2 Bath
1150 ft²
|
$275,000
-8.03%
08/09/2010
|
CAROL ANN BENJAMIN
LIGHTHOUSE REALTY ASSOCIATES
| |
|
03/25/2009
|
2 Bed
|
2 Bath
|
1203 ft²
|
$374,900
2 Bed
2 Bath
1203 ft²
|
$275,000
-26.65%
05/15/2009
|
CAROL ANN BENJAMIN
LIGHTHOUSE REALTY ASSOCIATES
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017