NOT LISTED FOR SALE

5774 Us Highway 1 N St. Augustine, FL 32095

-- Bed
-- Bath
-- Sq Ft
-- Built

Sale Details

Date Sold: January 31, 2020

Last sale price $1,900,000

83 Days on Market

About This Home

As of January 2020

38 unit cash flowing RV/Mobile Home Park. 21 RV Sites and 17 Mobile Homes. Gross income of $339,000/yr, this property is perfect for the savvy investor looking for a great cap rate. This park sits on a 6.53acre parcel of land zoned CG-1 per St Johns County. Water and Sewer was added to the site back in 2002. Market RV rate is $650/month and mobile home is $800/month. This park is established and stays full! High and dry in flood zone X with low county taxes. Lots of bang for your buck here!

Last Agent to Sell the Property

David Kfoury

Endless Summer Realty Listed on: 11/06/2019

Endless Summer Realty

Co-Listed By

Robin Arnold

Ponte Vedra Club Realty, Inc

Ponte Vedra Club Realty, Inc

Last Buyer's Agent

Robin Arnold

Ponte Vedra Club Realty, Inc

Ponte Vedra Club Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,319

Community Details

  • 38 Units
  • Gross Income $339,000

Listing and Financial Details

  • Assessor Parcel Number 074680-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,319

Listing Details

  • Class: Multifamily
  • Legal Description: 31 PT OF SABATE GRANT SEC 50 & PT OF DANIEL HURLBERT GRANT SEC 51 225.228FT ON US 1 N OF COLEE (EX 0.26AC IN R/W US 1 DB228/285) ALL LYING W OF CENTER LIN E OF OLD BRICK RD OR326/84
  • Lvt Date: 11/06/2019
  • Public Comments: Yes
  • Type Of Property: Apartments (5+ Units)
  • Waste: Sewer
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Water: City

Lot Info

  • Lot Size: 6.53ac
  • Zoning: CG-1
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 074680-0000
  • Taxes: 6319
  • Tax Year: 2019

Multi Family

  • Gross Annual Income: 339000
  • Total Annual Expense: 118650
  • Units: 38
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Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $1,900,000 -17.4% --
01/28/2020 01/28/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $2,300,000 -- --
Source: St. Augustine and St. Johns County Board of REALTORS®

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
2026 $18,397 $1,343,522 $995,561 $347,961
2025 $17,186 $1,326,029 $995,561 $330,468
2024 $17,186 $1,332,721 $995,561 $337,160
2023 $17,186 $1,347,555 $995,561 $351,994
2022 $16,046 $1,247,999 $924,450 $323,549
2021 $16,404 $1,241,003 $0 $0
2020 $7,781 $762,057 $0 $0
2019 $6,320 $521,019 $0 $0
2018 $6,083 $519,129 $0 $0
2017 $5,244 $436,654 $299,901 $136,753
2016 $5,168 $433,843 $0 $0
2015 $5,283 $390,783 $0 $0
2014 $5,346 $389,854 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 191256

St. Augustine and St. Johns County Board of REALTORS®
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