$848,500
$850,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,044 SqFt
SOLD DATE : 08/13/2024
Key Details
Sold Price $848,500
Property Type Multi-Family
Sub Type Multi family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,044 sqft
Price per Sqft $415
Subdivision Nelmar Terrace
MLS Listing ID 242377
Sold Date 08/13/24
Bedrooms 4
Full Baths 3
HOA Y/N No
Total Fin. Sqft 2044
Year Built 1925
Annual Tax Amount $8,204
Tax Year 2023
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Discover a rare multi-family gem in the heart of Nelmar Terrace's Historic District! This stunning Spanish-colonial style triplex offers a 2-bedroom, 1-bathroom unit upstairs and two 1-bedroom, 1-bathroom units downstairs. Located just a mile from Vilano Beach and close to the famous downtown historic district, this property promises a prime location. Two units are currently listed on AirBnB, while the third is a long-term rental at below-market rates. Remodeled in 2018, all units feature modern updates within a historic charm. The roof, replaced in 2022, includes two metal sections and one flat roof. Plumbing and electrical systems were completely updated in 2019, and each unit has separate electric and water meters. The property is in a flood zone, with current hazard and flood insurance costing $5,671 per year. Don’t miss this exceptional investment opportunity—own a piece of history with modern amenities and excellent rental potential! Contact your agent to schedule a viewing!.
Location
State FL
County St. Johns
Area 03
Zoning Res
Rooms
Primary Bedroom Level 1
Master Bedroom 1
Building
Story 2
Entry Level 2 Level
Level or Stories 2
New Construction No
Schools
Elementary Schools Ketterlinus Elementary
Middle Schools Sebastian Middle
High Schools St. Augustine High
Others
Senior Community No
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