#251279, Lauryn Duncan, Listing office: Sunshine Realty & Vacation Rentals, LLC
11 Madeira Dr Saint Augustine, FL 32080
Property details
About 11 Madeira Dr
High, dry, and BIG ROI—this Madeira Heights compound is a rare opportunity on Anastasia Island. Offering both a single-family home and a detached guest cottage, this property generated over $101,000 in gross rental income last year. With unmatched returns in today’s market, this is a true gem for investors, multi-generational buyers, or anyone looking to blend lifestyle and income potential. The main home features four bedrooms and three full bathrooms. One of the bedrooms, located on its own wing of the house, includes a private entrance, full bath, wet bar, and sleeping loft. This oversized space can function as a luxurious primary suite, an in-law suite, or a separate rental unit—ideal for flexible living or maximizing income. The main home is filled with character and timeless appeal, including a dramatic wall-sized coquina fireplace, exposed wood rafters, and beautiful original hardwood floors. Updates throughout the home have been thoughtfully done to preserve the original mid-century charm while adding modern comfort. Tucked at the rear of the property is a separate cottage with a full kitchen and bathroom, offering even more opportunities for rental income, a home office, studio space, or private guest quarters. Between the main house and guest cottage is a peaceful xeriscape garden shaded by towering live oaks draped in Spanish moss. Meandering stepping-stone paths lead you to a cozy fire pit, jacuzzi, outdoor dining area, and freshly painted deck—a true oasis that feels worlds away while still being in the heart of the Island. Sitting at high elevation, this concrete block home is built to last. The metal roof and low-maintenance, no-mow landscaping were designed with easy Island living in mind. From this location, you can walk to the weekly Saturday farmer’s market or catch a live show at the St. Augustine Amphitheatre. The beach and downtown historic district are just a short bike ride away, making this home perfectly situated for enjoying all that St. Augustine has to offer. Whether you're looking for a short-term or long-term rental investment, a multigenerational setup, or a live-work compound, this property offers incredible flexibility in a sought-after location. With savvy investment appeal, character, and convenience all in one package, this Madeira Heights compound checks every box.
Highlights
(Conting_Accpt Backups)
Virtual tour
Summary
- Full Bathrooms: 4
- Flooring Type: Tile, Wood
- Interior: In-Law Floorplan
- Total Bedroom Count: 5
- Parking: Off Street
- Architectural Style: Ranch, Single Family Home
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $764,000
- Price/SqFt: $388
- Annual Tax Amount: $6,639
- Tax Year: 2023
- Directions: From Bridge of Lion, head east on Florida A1A S/A1A S/A1A Scenic and Historic Coastal Byway/Bridge of Lions for 2 miles. Turn rightonto Madeira. Destination is .1 mile on the right.
- Year Built: 1956
- Stories: 1
- Living Area: 1,966 SqFt
- Lot Size: 0.24 Acres
- MLS Number: 252190
- MLS Name: StAugustine
- Office Name: Keller Williams St Augustine
- Office Phone: (904) 797-7442
- Listing Agent: Matthew Territo, Melissa Gaspard
The information being provided by St. Augustine & St. Johns County Board of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the St. Augustine & St. Johns County Board of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 8:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
May 09, 2023 | Home Sold | $282,400 |
Jul 16, 2019 | Home Sold | $389,000 |
Sep 16, 2014 | Home Sold | $225,225 |
Feb 04, 2013 | Home Sold | $93,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $552,271 | $6,639 |
2022 | $420,579 | $5,643 |
2020 | $303,963 | $3,788 |
2018 | $196,256 | $2,453 |
2017 | $192,219 | $2,442 |
History based on county public records data.
Nearby schools
10
R. B. Hunt Elementary School
Public District KG-5
0.6 mi
•125 Magnolia Dr
8
Ketterlinus Elementary School
Public District KG-5
2.3 mi
•67 Orange St
4
St. Augustine Public Montessori School (Sapms)
Public Charter KG-6
2.9 mi
•7A Williams St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,691. Residents of Saint Augustine, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 11 Madeira Dr
The listing price of 11 Madeira Dr property is $764,000.
The property 11 Madeira Dr is a house located in Saint Augustine, Florida, 32080.
Accepting Backup Offers: 11 Madeira Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 11 Madeira Dr are: R. B. Hunt Elementary School (GreatSchools Rating 10/10), Ketterlinus Elementary School (GreatSchools Rating 8/10), St. Augustine Public Montessori School (Sapms) (GreatSchools Rating 4/10), Sebastian Middle School (GreatSchools Rating 6/10), R. J. Murray Middle School (GreatSchools Rating 5/10), Gamble Rogers Middle School (GreatSchools Rating 5/10), Tocoi Creek High School (GreatSchools Rating 7/10), Gaines Alternative at Hamblen (GreatSchools Rating 2/10), St. Augustine High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $6,639 (source: MLS/based on county public records data).
The last sale was on May 9, 2023 for $282,400 (source: MLS/tax record).
The property at 11 Madeira Dr has 5 bedrooms and 4 bathrooms.
The property 11 Madeira Dr is 1,966 SqFt (source: MLS/tax record).
The year of construction for 11 Madeira Dr is 1956.
This home is located at 11 Madeira Dr in Saint Augustine, FL and zip code 32080 in the Madeira Heights neighborhood. This 1,966 square foot home, which was built in 1956, sits on a 0.24 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $764,000.