Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$619,900

For Sale - Active
2374 W Clovelly Ln, Saint Augustine, FL 32092
4 Beds
3 Baths
2,647 Square Feet
0.25 Acres Lot
Built in 2006
For Sale - Active
Units n/a
Checked: 7 hours ago
Updated: Jun 23, 2025 at 03:12AM

Investment Summary


Monthly Cash Flow
-$1,305
Cap Rate
3.6%
Cash-on-Cash Return
-11.0%
Debt Coverage Ratio
0.59
Internal Rate of Return (5 years)
-6.6%

Property Description


0.25 Acres Lot
Built in 2006
For Sale - Active
Units n/a

THE SELLER OF THIS PROPERTY IS OFFERING A TEMPORARY BUYDOWN WHICH WILL REDUCE YOUR MORTGAGE PAYMENTS FOR THE FIRST ONE OR TWO YEARS. Nestled in within a prestigious golf and country club community, this beautifully upgraded 4-bedroom, 3-bathroom home offers an exceptional blend of luxury, comfort, and convenience. From its elegant architectural details to its modern amenities, every aspect of this property has been thoughtfully designed to create a welcoming and sophisticated retreat. Step through the grand entrance and be greeted by soaring ceilings and an abundance of natural light that highlights the home's spacious, open-concept design. The expansive living room is anchored by a charming gas fireplace, perfect for cozy gatherings. Custom built-ins provide both functionality and an elegant touch, offering ample storage and display space. The gourmet kitchen is a chef's dream, boasting high-end stainless-steel appliances, granite countertops The gourmet kitchen is a chef's dream, boasting high-end stainless-steel appliances, granite countertopscustom cabinetry, and large pantry. Adjacent to the kitchen, the breakfast nook provides additional seating, overlooking the serene backyard through large windows that invite in plenty of sunshine. Love to entertain? This home offers a formal dining room perfect for any special event. The luxurious primary suite is a true retreat, featuring a generous layout, tray ceilings, and large windows that frame tranquil views. The ensuite bathroom is equally impressive with dual vanities, a soaking tub, a separate glass-enclosed shower, and a spacious walk-in closet. Three additional bedrooms offer plenty of space for family, guests, or even a hobby room. The home office, complete with custom built-ins, provides a quiet and productive workspace, making remote work or managing household tasks a breeze. Step outside to the screened back porch to enjoy the beautifully landscaped backyard, which offers a perfect space for relaxation and entertaining or enjoying morning coffee, while the lush greenery adds privacy and tranquility. The cul-de-sac location ensures a peaceful setting with minimal traffic, making it a safe and enjoyable space for families. Living in this golf and country club community comes with a wealth of amenities, including access to pristine golf courses, a clubhouse with dining options, and recreational facilities. Additionally, the community offers convenient RV and boat storage for outdoor enthusiasts. Beyond the neighborhood, you'll find yourself just minutes from excellent shopping, a variety of dining options, and top-rated schools. Whether you're exploring local boutiques, dining at gourmet restaurants, or enjoying the nearby parks and recreational areas, this location offers something for everyone. This builder-upgraded home seamlessly combines luxury finishes, thoughtful design, and modern conveniences, making it a perfect choice for those seeking a refined lifestyle. Schedule a private showing today and experience firsthand all the remarkable features this stunning home has to offer.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached, Garage
  • Details: Garage, Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Concrete
  • Roof Type: Gable or Hip

HOA

  • Has HOA: Yes
  • Association: South Hampton Golf & CC
  • HOA Fee: $646/semi-annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 0099724220
  • Lot Size: 10890 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2006

Tax Information

  • Annual Tax: $6,076

Utilities

  • Water & Sewer: Public
  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric

Location

  • County: St. Johns

Listing Details


Listed by:
Susan Bagan
WEICHERT REALTORS COASTAL CITY
(904) 806-0933

Source:
realMLS (Northeast Florida Multiple Listing Service)
MLS#: 2077766
realMLS (Northeast Florida Multiple Listing Service)

Investment Summary


Monthly Cash Flow
-$1,305
Cap Rate
3.6%
Cash-on-Cash Return
-11.0%
Debt Coverage Ratio
0.59
Internal Rate of Return (5 years)
-6.6%

Purchase Details

Find an Agent

Purchase price:
$619,900
Amount financed:
-$495,920
Down payment:
$123,980
Closing costs:
$18,597
Rehab costs:
$0
Initial cash invested:
$142,577
Square feet:
2,647
Cost per square foot:
$234
Monthly rent per square foot:
$1.36

Financing Details

Find a Lender

Loan amount:
$495,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$3,175
Property tax:
$506
Insurance:
$252
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,933

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,600 $43,200
Vacancy loss: (6%)
6% -$216 -$2,592
Operating income:
$3,384 $40,608

Operating Expenses


% Rent Monthly Yearly
Property taxes: (14%)
14%-$506-$6,076
Insurance: (7%)
7%-$252-$3,024
Property management: (8%)
8%-$288-$3,456
Repairs & maintenance: (5%)
5%-$180-$2,160
Capital expenditures: (5%)
5%-$180-$2,160
HOA fees: (3%)
3%-$108-$1,296
Total operating expenses: (42%)
42%-$1,514-$18,172

Cash Flow


Monthly Yearly
Net operating income:
$1,870 $22,440
Mortgage payments:
-$3,175 -$38,100
Cash flow:
$1,305 $15,660