Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3125 Coastal Hwy St. Augustine, FL 32084
    Property profile & analytics

    3125 Coastal Hwy St. Augustine, FL 32084

    View on Map
    • Commercial real estate
    • 2,641 SF
    • 0.82 lot acres
    Off-Market
    Property ID
    US18-9765793
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3125 Coastal Hwy

    Year built
    1947
    Lot size
    0.82 lot acres
    Property size
    2,641 SF
    Property type
    Commercial real estate
    APN
    149120-0000

    Description

    This exceptional value-add investment opportunity in St. Augustine, Florida, presents a rare chance to acquire a multifamily property with significant upside potential. Located at 3125 Coastal Hwy, this property sits on a 0.82-acre lot in the desirable Vilano Beach area, offering mesmerizing ocean views. The property comprises a two-story, concrete block triplex featuring three furnished rental units (a 2/2, a 1/1, and an efficiency unit), plus five additional on-site trailers, totaling ten rental units. The triplex boasts a large deck with ocean views and a private fenced yard, along with a single-car garage. Built in 1947 and renovated in 2020, the 2,641 square foot property is classified as a Class B multifamily building with RG-1 zoning, allowing for nightly vacation rentals. The property includes 12 parking spaces. The location is highly desirable, just steps from private beach access and a block from North Shores Park, which offers community amenities such as a garden and pickleball courts. The sub-dividable lot presents further expansion or redevelopment opportunities, capitalizing on the booming St. Augustine rental market. The asking price is $1,950,000, representing a price per unit of $195,000 and a price per square foot of $738.36. This property is ideal for investors seeking a vacation rental compound, a strategic investment, or a future development project. The property's APN is 149120-0000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.29523656
    Latitude
    29.92543509

    Comparable in this City

    • $529,900

      Income-Producing Duplex in St. Augustine

      Two income properties near shopping, dining, and historic downtown.
      340 N Clay St, St Augustine, FL 32084
      View Details
    • $889,000
      2,920 SF

      St. Augustine Duplex with ADU

      Legal duplex with ADU, approved for short-term rentals.
      31 Sanford St, St Augustine, FL 32084
      View Details
    • Contact for pricing
      1,439 SF

      Two Homes in Downtown St. Augustine

      Two updated homes on one parcel near downtown St. Augustine.
      31 Bernard St, St Augustine, FL 32084
      View Details
    • $625,000

      Victorian Duplex in Downtown St. Augustine

      Two-story duplex in downtown St. Augustine, ideal for rental income.
      61 M L King Ave, St Augustine, FL 32084
      View Details

    Similar Nearby for Sale

    • $529,900

      Income-Producing Duplex in St. Augustine

      Two income properties near shopping, dining, and historic downtown.
      340 N Clay St, St Augustine, FL 32084
      View Details
    • $889,000
      2,920 SF

      St. Augustine Duplex with ADU

      Legal duplex with ADU, approved for short-term rentals.
      31 Sanford St, St Augustine, FL 32084
      View Details
    • Contact for pricing
      1,439 SF

      Two Homes in Downtown St. Augustine

      Two updated homes on one parcel near downtown St. Augustine.
      31 Bernard St, St Augustine, FL 32084
      View Details
    • $640,000
      6,625 SF

      St. Augustine Mobile Home Park

      Fully rented mobile home park in prime St. Augustine location.
      405 Del Monte Dr, St Augustine, FL 32084
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      St. Augustine Shopping Strip

      Shopping strip undergoing exterior renovation with space for lease.
      1590 Us Highway 1, St Augustine, FL 32084
      View Details
    • Contact for pricing

      Multi-Use Site in St. Augustine

      Prime multi-use site near downtown St. Augustine available for lease.
      840 W King St, St Augustine, FL 32084
      View Details
    • Contact for pricing
      800 SF

      St. Johns Plaza Retail Space

      Retail space available in established St. Augustine shopping center.
      1010 S Ponce De Leon Blvd, St Augustine, FL 32084
      View Details
    • Contact for pricing

      Industrial Land in Saint Augustine

      Spacious acreage ideal for industrial storage in St. Augustine.
      1St St, Saint Augustine, FL 32084
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in St. Augustine

      Retail property with high traffic in historic St. Augustine.
      1570-1580 Us Highway 1 S, St Augustine, FL 32084
      View Details
    • Contact for pricing

      Commercial Land on SR 207

      0.9 acre commercial land for lease on SR 207.
      State Road 207, Saint Augustine, FL 32084
      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.
    3125 Coastal Hwy
    St. Augustine, FL 32084
    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
    3125 Coastal Hwy, St. Augustine, FL, 32084
    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!