Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2525 County Rd 208 Saint Augustine, FL 32092-0503
    Back to Search
    Property profile & analytics

    2525 County Rd 208, Saint Augustine, FL 32092-0503

    View on Map
    • Hotels
    • 37,554 SF
    • 1.51 lot acres
    Off-Market
    Last Sale Jul 10, 2025
    $9,650,000
    Property ID
    US18-3074690
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $9,250,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 2525 County Rd 208

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.51 lot acres
    Zone code
    CHT
    Property type
    Hotels
    APN
    087440 0040
    APU
    874400040

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 10, 2025 $9,650,000 Qdi 5 LLC Meridian Club LLC Special Warranty Deed $7M · Banco Do Brasil Americas
    Oct 5, 2017 $8,217,500 Meridian Club LLC Platinum Inns INC Grant Deed —
    Sep 1, 2017 $8,217,500 Meridian Club LLC Platinum Inns INC Trustees Deed $30.8M · Benefit Street Ptrs Realty Ope

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,845,000
      Market price range: $8.58M - $18.4M
      AI Estimate
      $8,845,000
      Market price range: $8.58M - $18.4M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $13,245,000
      Current use
      COMMERCIAL (GENERAL)
      $13,725,000
      Change: +4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.4161
    Latitude
    29.9178
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $70,828
    $0.00
    $0.00
    $7,836,600
    -
    $658,930
    $7,177,670
    $7,836,600

    Comparable in this City

    • Value Estimation
      $10,230,000
      44,755 SF

      2465 State Rd 16

      HOTEL
      2465 State Rd 16, Saint Augustine, FL 32092-0701
      View Details
    • Value Estimation by Request
      287,796 SF

      500 Legacy Trl

      HOTEL
      500 Legacy Trl, Saint Augustine, FL 32092-2719
      View Details
    • Value Estimation by Request
      1.51 Acres

      2525 Crk 208

      Motels
      2525 Crk 208, St. Augustine, FL 32092
      View Details
    • Value Estimation
      $4,280,000
      18,725 SF

      2580 State Rd 16

      MOTEL
      2580 State Rd 16, Saint Augustine, FL 32092-0702
      View Details
    • Value Estimation
      $970,000
      15,112 SF

      2535 State Rd 16

      MOTEL
      2535 State Rd 16, Saint Augustine, FL 32092-0703
      View Details
    • Value Estimation
      $10,720,000
      46,910 SF

      2560 State Rd 16

      MOTEL
      2560 State Rd 16, Saint Augustine, FL 32092-0702
      View Details

    Similar Nearby for Sale

    • $499,999
      1.50 Acres

      St. Augustine Open Rural Land

      1.5 acres of versatile land near St. Augustine.
      2981 Pacetti Rd, St Augustine, FL 32092
      View Details
    • $1,800,000
      103.00 Acres

      103 Acres Waterfront Land Opportunity

      Rare 103-acre rural land with waterfront in St. Johns County.
      County Road 13 N, St Augustine, FL 32092
      View Details
    • $220,000
      1.05 Acres

      St. Johns County Land Parcel

      Over an acre of partially cleared land in St. Augustine.
      Moss Dr, St Augustine, FL 32092
      View Details
    • Contact for pricing

      St. Augustine Land Parcels on SR16

      Two parcels near International Golf Parkway and I95, zoned OR.
      79 St Kitts Loop, St Augustine, FL 32092
      View Details
    • Contact for pricing
      4,989 SF

      6 Acres Horse Ranch Land

      6 acres of land, zoned for Open Rural.
      3915 County Road 210, St Augustine, FL 32092
      View Details
    • $150,000
      Pending

      Waterfront Lot in St. Augustine

      Waterfront land with canal access to St. Johns River.
      8157 Wendover Rd, St Augustine, FL 32092
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,853 SF

      Retail Space in St. Augustine

      Retail space available in a busy St. Augustine shopping center.
      170 Village Commons Dr, St Augustine, FL 32092
      View Details
    • Contact for pricing
      1,831 SF

      Office Space Near World Golf

      Office space for lease near World Golf Village entrance.
      475 W Town Pl, St Augustine, FL 32092
      View Details
    • Contact for pricing
      2,400 SF

      Retail Outparcels For Lease

      Outparcels available in mixed-use development near St. Augustine Outlets.
      2771 Fl-16, St Augustine, FL 32092
      View Details
    • $2,295 /Mo
      1,102 SF

      St. Augustine Professional Office Condo

      Professional office condo for lease in World Golf Village.
      135 Land Grant St, St Augustine, FL 32092
      View Details
    • Contact for pricing
      193,600 SF

      IGP-95 Logistics Park Warehouse

      Institutional quality warehouse space in St. Johns County.
      3405 International Golf Pkwy, St Augustine, FL 32092
      View Details
    • $38 SF/Yr
      17,485 SF

      Retail Space in World Golf

      New retail lease space available in St. Augustine, Florida.
      190 Registry Blvd, St Augustine, FL 32092
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2525 County Rd 208
    Saint Augustine, FL 32092-0503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2525 County Rd 208, Saint Augustine, FL, 32092
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!