Seller's Agent in 2025
Matthew Territo
Keller Williams Realty Atlantic Partners St Augustine
(904) 994-1945
14 in this area
165 Total Sales
11 Madeira Dr Saint Augustine, FL 32080
Anastasia Island Neighborhood
5
Beds
4
Baths
1,966
Sq Ft
10,454
Sq Ft Lot
Highlights
- Wood Flooring
- Fireplace
- Concrete Block With Brick
- R.B. Hunt Elementary School Rated A
- In-Law or Guest Suite
- Central Heating and Cooling System
About This Home
As of August 2025High, dry, and BIG ROI—this Madeira Heights compound is a rare opportunity on Anastasia Island. Offering both a single-family home and a detached guest cottage, this property generated over $101,000 in gross rental income last year. With unmatched returns in today’s market, this is a true gem for investors, multi-generational buyers, or anyone looking to blend lifestyle and income potential. The main home features four bedrooms and three full bathrooms. One of the bedrooms, located on its own wing of the house, includes a private entrance, full bath, wet bar, and sleeping loft. This oversized space can function as a luxurious primary suite, an in-law suite, or a separate rental unit—ideal for flexible living or maximizing income. The main home is filled with character and timeless appeal, including a dramatic wall-sized coquina fireplace, exposed wood rafters, and beautiful original hardwood floors. Updates throughout the home have been thoughtfully done to preserve the original mid-century charm while adding modern comfort. Tucked at the rear of the property is a separate cottage with a full kitchen and bathroom, offering even more opportunities for rental income, a home office, studio space, or private guest quarters. Between the main house and guest cottage is a peaceful xeriscape garden shaded by towering live oaks draped in Spanish moss. Meandering stepping-stone paths lead you to a cozy fire pit, jacuzzi, outdoor dining area, and freshly painted deck—a true oasis that feels worlds away while still being in the heart of the Island. Sitting at high elevation, this concrete block home is built to last. The metal roof and low-maintenance, no-mow landscaping were designed with easy Island living in mind. From this location, you can walk to the weekly Saturday farmer’s market or catch a live show at the St. Augustine Amphitheatre. The beach and downtown historic district are just a short bike ride away, making this home perfectly situated for enjoying all that St. Augustine has to offer. Whether you're looking for a short-term or long-term rental investment, a multigenerational setup, or a live-work compound, this property offers incredible flexibility in a sought-after location. With savvy investment appeal, character, and convenience all in one package, this Madeira Heights compound checks every box.
Last Agent to Sell the Property
Keller Williams Realty Atlantic Partners St Augustine Listed on: 04/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,679
Year Built
- Built in 1956
Lot Details
- 10,454 Sq Ft Lot
- Property is Fully Fenced
- Property is zoned RS-3
Parking
- Off-Street Parking
Home Design
- Concrete Block With Brick
- Slab Foundation
- Frame Construction
- Metal Roof
- Stucco Exterior
Interior Spaces
- 1,966 Sq Ft Home
- 1-Story Property
- Fireplace
- Crawl Space
- Range
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- In-Law or Guest Suite
- 4 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Schools
- R.B. Hunt Elementary School
- Sebastian Middle School
- St. Augustine High School
Utilities
- Central Heating and Cooling System
- Septic System
Listing and Financial Details
- Assessor Parcel Number 159900-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
Aug 5, 2025
Sold by
11 Madeira Drive Llc
Bought by
Best Remodeling And Property Management Llc
Seller's Agent
Matthew Territo
Keller Williams Realty Atlantic Partners St Augustine
Buyer's Agent
Stacey Worley
Century 21 St Augustine Properties
List Price
$774,000
Sold Price
$764,000
Premium/Discount to List
-$10,000
-1.29%
Views
104
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,809
Avg. Annual Appreciation
-8.12%
Original Mortgage
$611,200
Outstanding Balance
$610,665
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$128,526
Purchase Details
Closed on
May 8, 2023
Sold by
Gant Rachel
Bought by
11 Madeira Drive Llc
Purchase Details
Listed on
May 1, 2019
Closed on
Jul 10, 2019
Sold by
Gabriel Margina
Bought by
Gant Rachel
Seller's Agent
Melissa Ott
Exp Realty
Buyer's Agent
Melissa Ott
Exp Realty
List Price
$389,000
Sold Price
$389,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$311,200
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 11, 2014
Closed on
Sep 11, 2014
Sold by
Matrix Investments Llc
Bought by
Gabriel Margina
Seller's Agent
Carol Sullivan
LIGHTHOUSE REALTY ASSOCIATES
Buyer's Agent
NON MLS
NON MLS
List Price
$259,000
Sold Price
$225,225
Premium/Discount to List
-$33,775
-13.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Purchase Details
Listed on
Dec 27, 2012
Closed on
Jan 23, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Matrix Investments Llc
Seller's Agent
Troy Rowan
Rowan Realty
Buyer's Agent
colleen sullivan
Lighthouse Realty Associates
List Price
$105
Sold Price
$93,000
Premium/Discount to List
$92,895
88471.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.63%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $764,000 | Landmark Title | |
| Warranty Deed | $764,000 | Landmark Title | |
| Warranty Deed | $282,400 | Trinity Law & Title | |
| Warranty Deed | $389,000 | Gibraltar Title Services Llc | |
| Warranty Deed | $225,225 | Paradise Title St Augustine | |
| Special Warranty Deed | $93,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $611,200 | New Conventional | |
| Closed | $611,200 | New Conventional | |
| Previous Owner | $311,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | $764,000 | 0.0% | $389 / Sq Ft | |
| 05/01/2025 05/01/25 | Price Changed | $764,000 | -1.3% | $389 / Sq Ft | |
| 04/10/2025 04/10/25 | For Sale | $774,000 | +243.7% | $394 / Sq Ft | |
| 12/17/2023 12/17/23 | Off Market | $225,225 | -- | -- | |
| 07/10/2019 07/10/19 | Sold | $389,000 | 0.0% | $269 / Sq Ft | View Prior Sale |
| 06/27/2019 06/27/19 | Pending | -- | -- | -- | |
| 05/01/2019 05/01/19 | For Sale | $389,000 | +72.7% | $269 / Sq Ft | |
| 09/15/2014 09/15/14 | Sold | $225,225 | -13.0% | $156 / Sq Ft | View Prior Sale |
| 09/08/2014 09/08/14 | Pending | -- | -- | -- | |
| 04/11/2014 04/11/14 | For Sale | $259,000 | +178.5% | $179 / Sq Ft | |
| 01/31/2013 01/31/13 | Sold | $93,000 | +88471.4% | $64 / Sq Ft | View Prior Sale |
| 01/31/2013 01/31/13 | Pending | -- | -- | -- | |
| 12/27/2012 12/27/12 | For Sale | $105 | -- | $0 / Sq Ft |
Source: St. Augustine and St. Johns County Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,639 | $507,749 | $184,800 | $322,949 |
| 2024 | $6,639 | $509,830 | $168,000 | $341,830 |
| 2023 | $6,639 | $552,271 | $210,000 | $342,271 |
| 2022 | $5,644 | $420,579 | $133,140 | $287,439 |
| 2021 | $3,788 | $308,218 | $0 | $0 |
| 2020 | $3,775 | $303,963 | $0 | $0 |
| 2019 | $2,486 | $199,985 | $0 | $0 |
| 2018 | $2,454 | $196,256 | $0 | $0 |
| 2017 | $2,443 | $192,219 | $75,600 | $116,619 |
| 2016 | $2,453 | $192,219 | $0 | $0 |
| 2015 | $2,489 | $186,309 | $0 | $0 |
| 2014 | $2,239 | $130,286 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Territo
-
Melissa Gaspard
Seller Co-Listing Agent in 2025
Melissa Gaspard
Keller Williams Realty Atlantic Partners St Augustine
(904) 347-6464
1 in this area
22 Total Sales
-
Stacey Worley
Buyer's Agent in 2025
Stacey Worley
Century 21 St Augustine Properties
(904) 501-5497
1 in this area
29 Total Sales
-
M
Seller's Agent in 2019
Melissa Ott
Exp Realty
-
Carol Sullivan
Seller's Agent in 2014
Carol Sullivan
LIGHTHOUSE REALTY ASSOCIATES
(904) 814-6915
2 in this area
90 Total Sales
-
NON MLS
N
Buyer's Agent in 2014
NON MLS
NON MLS
Map
Source: St. Augustine and St. Johns County Board of REALTORS®
MLS Number: 252190
APN: 159900-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Information is deemed reliable but not guaranteed.
© 2025 St Augustine &
St. Johns County Board of REALTORS®. All rights reserved.
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