$700,000
$765,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/11/2021
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision City St. Augustine
MLS Listing ID 193864
Sold Date 03/11/21
HOA Y/N No
Year Built 1926
Annual Tax Amount $6,161
Tax Year 2019
Property Sub-Type Triplex
Property Description
Commercially zoned multi-family property in the heart of St. Augustine. This 1926 frame vernacular style home combines the allure of days past with modern convenience - all within a few blocks of the Historic district. Poised at the edge of Lincolnville, guests can easily walk to all that downtown offers. Configured as three apartments and operating as a high grossing short term rental averaging $100k annually. The large lot offers rare on site parking for guests and a detached workshop/garage. This property is being sold fully furnished with existing reservations in place for immediate cash flow. The building is configured as a two bedroom, two bath first floor apartment with original wood floors, trim and accents. Upstairs is a two bedroom, one bath apartment and adjacent one bedroom, one bath apartment. The value here is in the commercial zoning, on-site parking, location and existing goodwill as a proven high grossing short term rental.
Location
State FL
County Saint Johns
Area 04
Zoning CL-1
Location Details City
Interior
Heating Central, Electric
Cooling Central, Electric
Exterior
Utilities Available Electric, Maintenance, Sewer, Trash, Water
Building
Water City
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "