Corner End-Unit Office
430 PASEO REYES Drive St Augustine, FL 32095
430 PASEO REYES Drive, St Augustine, FL, 32095
$479,499
For Sale
$479,499
SINGLE_FAMILY - St. Augustine, FL
Property Size1,152 SF
Price / SF$416.23
Days on Market97
Property Features for 430 PASEO REYES Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot, Assigned
- Standard status
- Active
- APN
- 0724241501
- Size
- 1,152 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5840
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Laminate, Carpet, Tile
- Roof type
- Barrel
Listing agency
ENDLESS SUMMER REALTY
(904) 461-8878
Listed by
KURT BOGART
(904) 947-0040
Added: Apr 17 Updated: Jul 7 at 1:43PM Checked: Jul 22 at 5:06AM
MLS# 2140637
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This end-unit office condo in Palencia Commons features a corner layout designed for privacy and separation from neighboring suites. The interior includes five private offices, a welcoming reception area, a private bathroom, and a functional kitchenette, supporting a professional day-to-day workflow. The space is described as turn-key and ready for move-in, with Spanish-style architecture that adds character to the office environment.
Located at 430 Paseo Reyes Drive in St. Augustine, Florida, the property sits within Palencia. As an end unit in the office building, it offers a quieter, more visually open feel due to additional windows and fewer shared walls compared with interior configurations.
For businesses seeking an owned office space with dedicated rooms for client meetings, staff work, and administration, this layout provides a straightforward office setup. The reception area supports client-facing interactions, while the private bathroom and kitchenette add convenience for daily operations without requiring shared common-area access. The corner positioning and end-unit configuration can be particularly appealing for organizations that value privacy and a more contained work environment.
Located at 430 Paseo Reyes Drive in St. Augustine, Florida, the property sits within Palencia. As an end unit in the office building, it offers a quieter, more visually open feel due to additional windows and fewer shared walls compared with interior configurations.
For businesses seeking an owned office space with dedicated rooms for client meetings, staff work, and administration, this layout provides a straightforward office setup. The reception area supports client-facing interactions, while the private bathroom and kitchenette add convenience for daily operations without requiring shared common-area access. The corner positioning and end-unit configuration can be particularly appealing for organizations that value privacy and a more contained work environment.
Key Highlights
- 2023 end‑unit office condo in Palencia Commons with corner positioning
- Interior layout includes five private offices plus a reception area
- Includes a private bathroom and functional kitchenette
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.6k | $24.00 |
| − Vacancy | −$6.1k | −$5.33 |
| EGI | $21.5k | $18.67 |
| − OpEx | −$5.4k | −$4.67 |
| NOI | $16.1k | $14.00 |
1,152 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$230.5K
$201.7K – $268.9K
NOI $16,133 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.3K
$268.9K – $358.5K
NOI $21,510 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - End-unit office condo with five private offices, reception, kitchenette, and a private bathroom for immediate move-in.
Where is this office units located?
The property is located at 430 PASEO REYES Drive St Augustine, FL.
What is the asking price?
The asking price for this property is $479,499.
What are key features of this property?
This property features: 2023 end‑unit office condo in Palencia Commons with corner positioning; Interior layout includes five private offices plus a reception area; Includes a private bathroom and functional kitchenette
