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    405 S Villa San Marco Drive , #303

    St Augustine, FL 32086
    • $155,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 199507
    $155,000
    • 2
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,086
      SQFT
    • $143
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    2004
    County:
    Area:
    11

    School Ratings & Info

    Description

    Great investment 3rd floor 2BR/2BA condo. Tenant paying $1400. Lease ends 8/31/21. Painted a year ago. Plank laminate flooring. Screened in patio, stackable washer/dryer, new hot water heater and AC replaced in 2017. Complex has a beautiful pool and a gym. Safe, Well run, self managed complex with a full time manager. Dues have not gone up in 8 years and will not go up in 2021. Over $600,000 in the Reserves. Close to shopping and 10 minutes from the beach and 10 minutes from downtown. These are the actual #s. Condo dues $265, real estate taxes are $121 a month and Insurance $35 a month. Expenses total $421 a month. Profit of $979 a month which is $11,748 a year. On $155,000, it returns 7.5%. Not counting management or repairs. There are no repairs needed now. Most investment owners in the complex manage the units by themselves and don't need a manager. Listing realtor owns 14 and is President of the Board.

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    © 2020 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' 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 believed to be accurate but not guaranteed by the MLS or Better Homes & Gardens Real Estate Thomas Group. Data last updated 2020-11-28T23:30:35.307.
    www.thomasgrouprealty.com/homes/111619983
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    405 S Villa San Marco Drive , #303 St Augustine, FL 32086

    • Price: $155,000
    • Status: Active
    • MLS #: 199507
    2
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,086
    SQFT
    $143
    $/SQFT
    2004
    Built
    Neighborhood:
    Villa San Marco
    County:
    Saint Johns
    Area:
    11
    Property Description
    Great investment 3rd floor 2BR/2BA condo. Tenant paying $1400. Lease ends 8/31/21. Painted a year ago. Plank laminate flooring. Screened in patio, stackable washer/dryer, new hot water heater and AC replaced in 2017. Complex has a beautiful pool and a gym. Safe, Well run, self managed complex with a full time manager. Dues have not gone up in 8 years and will not go up in 2021. Over $600,000 in the Reserves. Close to shopping and 10 minutes from the beach and 10 minutes from downtown. These are the actual #s. Condo dues $265, real estate taxes are $121 a month and Insurance $35 a month. Expenses total $421 a month. Profit of $979 a month which is $11,748 a year. On $155,000, it returns 7.5%. Not counting management or repairs. There are no repairs needed now. Most investment owners in the complex manage the units by themselves and don't need a manager. Listing realtor owns 14 and is President of the Board.
    Exterior Features

    Acreage N/A Entry Level Ground Level Lot Size N/A New Construction YN No

    Interior Features

    Air Conditioning CentralElectric Flooring Laminate Wood Heat CentralElectric Master Bath Tub/Shower Combo Other Sq Ft 80 Personal Property Ceiling FansDishwasherDisposalMicrowaveRangeRefrigeratorWindow TreatmentsWasher/Dryer

    Property Features

    Assoc Maint Fee 267 Bank Corporate Owned YN No Cdd YN No Community Features ClubhouseExercisePool Unheated Condo Fees Maintenance ExteriorManagementMaster PolicySewerTrash CollectionWater Condo Restrictions See Docs Hoa Term Monthly Hoa YN Yes Homestead Exemption YN No Management Full-TimeOn-Site Minimum Lease Term 6 Months Short Sale YN No Source Of Measurement Owners Tax Year 2020 Taxes 1446 Terms CashConv Waste Sewer Water County Zoning Res

    Listing courtesy of Florida Coastal St Augustine Realty, Inc.


    © 2020 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' 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 believed to be accurate but not guaranteed by the MLS or Better Homes & Gardens Real Estate Thomas Group. Data last updated 2020-11-28T23:30:35.307.
     
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