St Augustine, FL 32084,3040 Coastal Hwy

$999,000

$999,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 03/13/2020

Key Details

Sold Price $999,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Subdivision Surfside Sub

MLS Listing ID 192324

Sold Date 03/13/20

HOA Y/N No

Year Built 1968

Annual Tax Amount $9,733

Tax Year 2019

Property Description

Rare multi-family oceanfront in Vilano Beach. A-Frame directly on the ocean (1 bedroom + loft, counted as 2 bedrooms), detached garage, plus triplex with attached 2-3 car garage). Rent long or short-term. Live in a unit and rent out the rest. Plan your oceanfront dream home while collecting rent. Great location, deep lot. Walk to Vilano Beach Town Center, Publix, restaurants, shopping. On-site laundry facilities shared with all units. Income and expense statements available to qualified buyers. Apartment A has Sewer. All other units have septic. Apartment D (oceanfront A-Frame) has 2 mini-split HVACs and laminate flooring. Rent per unit was annual rent for 2019. A non-refundable $39/stay charged per unit for Damage Protection Fee for a total of $7,964 for 2019 bringing gross income to $151,548. All figures exclude tax. See documents for Insurance and more info.

Location

State FL

County Saint Johns

Area 02S

Zoning RG-1

Location Details Ocean Front

Interior

Heating Central, Electric, Other-See Remarks

Cooling Central, Other-See Remarks

Exterior

Utilities Available Electric, Maintenance, Sewer, Trash, Water

Waterfront Description Ocean Front

Building

Water Central

New Construction No

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Listed by Barbara B. Jenness, PA
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