$275,000
●
Condo -
Off Market
8850 OLD A1A #5
St Augustine, FL 32080
2 Beds
2 Baths
1,150 Ft²
$642,351
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model
About This Property
Panoramic Million Dollar Direct Ocean Views for less than half the
price! Only 9 unit condo complex direct oceanfront with
private dune walkover to non-driving pristine beach. Views of
Matanzas Inlet as well. Well maintained 2/2 used only as 2nd home.
New A/C. Fabulous vacation rental income potential.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
-
Price per sqft
$260
Property Type
Condo
Property Taxes
-
HOA Dues
$542
Year Built
1984
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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: 3 years ago (Real MLS #493254)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2010 | Sold | ||
| Sold | |||
| Jul 14, 2009 | Listed by ALL PRO REALTY SPECIALISTS,INC | $299,000 | |
| Listed by ALL PRO REALTY SPECIALISTS,INC | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Parking Features: Underground
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built-in Features, Entrance Foyer, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Flooring Type: Carpet
Living Area Square Feet Source: Measured
Rooms: 5
Exterior Details
Year Built: 1985
Parcel Number: 1892700065
Zoning Description: Condominium
Roof: Shingle
Construction Materials: Fiber Cement, Frame
Pool Features: Other
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Cable Connected
Water Information: Public
Location Details
Association Fee Includes: Insurance, Maintenance Grounds
Association Amenities: Management - Full Time, Management - Off Site, Trash
Association Fee: $542
Association Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
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
About St. Johns
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Listed by: CAROL ANN BENJAMIN, ALL PRO REALTY SPECIALISTS,INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 493254
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# 493254
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