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524-590 Market St 3,916 SF Office/Retail Condo Unit Offered at $1,176,581 CAD in Saint Augustine, FL 32095
1 Unit Available
Unit 554
| Unit Size | 3,916 SF | Sale Type | Investment |
| Price | $1,176,581 CAD | Cap Rate | 7.00% |
| Price Per SF | $300.45 CAD | NOI | $82,360.66 CAD |
| Condo Use | Office/Retail | APN/Parcel ID | 072095-0190 |
| Unit Size | 3,916 SF |
| Price | $1,176,581 CAD |
| Price Per SF | $300.45 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| NOI | $82,360.66 CAD |
| APN/Parcel ID | 072095-0190 |
Sale Notes
Palencia in St. Johns County in St. Augustine is an upscale community that attracts great tenants.
Currently a 7 Cap. If managed well, at current pace then one should be
able to project 3-4% yearly increase in revenue and long-term leases are positioned as such. Short-term rental option for one of three units.
Three addresses: 550 MARKET ST - 1070sqft Office 554 MARKET ST - 2350sqft Townhome 359 MIDWAY ST - 550sqft Apartment
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Floor Plan 1
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Floor Plan All
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Interior Photo
Interior Photo
Interior Photo
Interior Photo
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Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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524-590 Market St
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