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Key Details
Sold Price $1,210,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Chautauqua Beach
MLS Listing ID 219108
Sold Date 02/09/22
HOA Y/N No
Year Built 1956
Annual Tax Amount $9,772
Tax Year 2021
Property Description
Location. Location. Location. This Multi-Family vacation rental duplex is within one block of the beach, featuring a 3 bedroom/2 bathroom home downstairs, while providing a one bedroom/one bath unit upstairs. Both units have proven to be favorites for travelling couples and vacationing families over the past 5 years. Each space offers private covered outdoor seating to enjoy St. Augustine's beautiful weather. Located within walking distance to coffee shops, retail stores, restaurants, bars and all that St. Augustine Beach has to offer. This is a fantastic opportunity to own a private, fully furnished, turn-key vacation rental in the heart of St. Augustine Beach, which provides for a multi-unit income producing investment. Named one of the best places in the U.S. to own a vacation rental by Vacasa. New Roof - 2019, new siding and paint. The guest bathroom in the downstairs unit has been completely updated. New flooring throughout both units. Both A/C units were replaced in 2019. Hurricane rated windows have also been installed. Commercial zoning allows for many uses. Oversize lot offers .22 acres. There is space to add a 10 x 20 pool with 500 sq. ft. of pavers ($40k), which would allow the new owner to increase short term rental rates.
Location
State FL
County Saint Johns
Area 07
Zoning COM
Location Details East of A1A
Interior
Heating Central, Electric
Cooling Central, Electric
Building
Water County
New Construction No
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