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St. Augustine Shores 32086
889 PALERMO Road
$165,000
● House - Off Market

889 PALERMO Road

St Augustine, FL 32086
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,122 Ft²
$241,340
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Perfect starter or retirement home in St. Augustine Shores.  This 2 bedroom/2 bath home has been updated inside with all new flooring, paint (inside and out), kitchen, bathrooms and all new stainless appliances.  Inside laundry and outside large screened porch just off the kitchen.  The metal roof is just 3 yrs. old, it has all new windows and a nicely landscaped yard with a newer A/C.  You'll definitely enjoy the benefits of the community's St. Augustine Shores Riverview Club.  There's lots of ongoing activities to join and it's a great way to meet your neighbors.  Call now to schedule your showing appointment.
Unit Size
1,122 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
-
HOA Dues
$30
Year Built
1973

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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 #1024652)

Price History

Date / Event Date Event Price
Dec 27, 2019 Sold
Premium
Sold
Nov 8, 2019 Listed by RE/MAX UNLIMITED $165,000
Listed by RE/MAX UNLIMITED
Aug 28, 2019 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,122
  • Gross Building Area: 1,314
  • Building Area: 1,122
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,122
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST. AUGUSTINE SHORES UNIT ONE
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 11-67 ST AUG SHORES UNIT 1 LOT 22 BLK 10 OR4855/1589

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021211

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 165D
  • Parcel: 270110-0220
  • Block: 10
  • Lot: 22
  • Meridian: SEC 48 TWN 08S RNG 30E
  • Municipality: COUNTY
  • Latitude: 29.8145
  • Longitude: -81.3196

    Address

  • Full Address: 889 Palermo Rd
  • Legal Unit: 1
  • Address - House Number: 889
  • Address - Street Name: Palermo
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: C035
  • 4-Digit Zip Code: 7039
  • Zip Code: 32086

Valuation

    Tax

  • Total Area: 1,256
  • Tax Year: 2022
  • Tax Amount: $153,532
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 76
  • Final Value: 293,940
  • High Value: 347,725
  • Low Value: 240,154

    Market Valuation

  • Market Total Value: $202,276
  • Market Land Value: $33,786
  • Market Improvement Value: $168,490

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,816

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019096747
  • Previous Sale Recording Date: Aug 28, 2019
  • Previous Sale Contract Date: Aug 26, 2019
  • Previous Sale Amount: $92,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Augustine Shores

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$222

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1447 ft²

Average Home Age

30.6 years

Currently For Sale

61 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1804 Prestwick Place, St. Augustine, FL, 32086

$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,138 ft²
1804 Prestwick Place, St. Augustine, FL, 32086 Listing by RAENELL WILKISON
Unit for rent at 328 Palos Court, St. Augustine Shores, FL, 32086

$1,725 /mo

  • 2 Beds
  • 1 Bath
  • 1,215 ft²
328 Palos Court, St. Augustine Shores, FL, 32086 Listing by RYAN BURKHARDT

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: Mary E Higginbotham, RE/MAX UNLIMITED
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1024652
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.

Frequently Asked Questions

When was property at 889 Palermo Road built and last sold?
The property at 889 Palermo Road was built in 1973 and last sold on Dec 23, 2019 for $165,000.
How much is this home worth?
The estimated value of the home located at 889 Palermo Road is $0.
What are some comparable homes to 889 Palermo Road?
There are currently no comparable homes to 889 Palermo Road.
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