859 Florida St
Imperial Beach, CA, 91932 $ 1,295,000
Baths0.0 Monthly Estimate*
$ 7,974
Listed by eXp Realty of Southern California, Inc.
Studio for $1,295,000. This home was built in 2024.
Variance granted for alternate property class. Price Improved! Newly built in 2024 featuring a 2,751 sq ft main home; 781 sq ft ADU / casita; and owned solar systems. The main home’s flexible, sprawling floor plan could allow for a 1st floor office, gym or playroom with full bath and extra storage; a 2nd floor media room, den, or additional office; or simply as 6 ample sized bedrooms. The large 1 bed, 1 bath ADU includes a full scale kitchen, living room, dining area, and in-unit laundry. The home and ADU are completed with high end features, have their own entrance, backyard, solar system, laundry washer & dryer, fire sprinkler systems, electric meters, and water heaters which creates a hassle free, separated environment between each. Recently appraised at $1,5M, and having rental history from $7,600 - $8,100 per month, the property is ideal for an investor seeking a minimal maintenance property; or for an end user wanting to live in one unit and rent the other. The property could also be ideal for large or extended families, roommates, or those wanting flexibility with how to utilize the massive amount of space and separate units. Thoughtfully designed with a spacious floor plan, 9-foot ceilings and large rooms filled with natural light. One large flex room (bedroom / gym / office), full bath and kitchen are conveniently located on the first floor of the main home. The entire ADU is also on the first floor. The primary bedroom offers a private 94 sq ft balcony and a luxurious bathroom with a separate shower and bath tub. Standout features include Milgard windows, main level tile flooring, quartz counters, luxury vinyl plank flooring, dual sinks in both the main home hall and primary baths, solar panels, concrete tile roof, and tankless water heaters. The home is the largest of 3 new build homes within a mini "cloud condo" community, and is ideally located near the center of Imperial Beach. Everything is conveniently in reach including: the Bayshore Bikeway a few blocks away; shopping centers, restaurants and services along nearby Palm Ave; quick access to Coronado and I-5; and under 1.5 miles to the beach!
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FeaturesGeneralHeating Forced Air See Remarks
Cooling Central Air See Remarks
Possession Close Of Escrow
Roof Concrete
Appliances Electric Water Heater
Zoning R-3000
HOA Fee 0
Year Built 2024
Tenant Pays Cable TV Electricity Trash Collection Water
View None
Stories Count 2
Levels Two
County San Diego
Net Operating Income 91200
Property Type Residential Income
Subdivision Name Imperial Beach
Status Pending
Directions CrossStreet: Donax
City Imperial Beach
Senior Community Y/N false
Number Of Units Total 2
MLS Area 91932 - Imperial Beach
Listing Terms Cash Conventional VA Loan
Virtual Tour https://www.zillow.com/view-imx/b4f19cb1-0dc7-4b35-b244-bc00f6d40ad0?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Pending
Cap Rate 6.76
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InteriorTotal Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorFencing Partial
Total Parking 0
Park Name 859 Florida
Number of Buildings 1
Spa false
Lot Size Source Other
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* Excluded FeaturesList ByExp Realty Of Southern California, Inc.Broker
codymichaelis@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,974
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Imperial Beach, CA
Average List Price $1,970,061
Percent of Sale Price 52%
About Imperial Beach, CA 26,423 Population
-2% Since 2002
$ 49,317 Median Income
34.23 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/16/2026 | $1,295,000 | -4.00% | Price Down |
| 2/2/2026 | $1,349,000 | | Listed Price |