Better than new, this Southern Belle is back on the market with an entirely updated exterior. The new windows, roof, siding and paint enhance the home’s long-standing history of a downtown schoolhouse that’s evolved into a thriving beach vacation destination. Right off a page of Southern Living Magazine, this four bedroom house with heated pool, patios, paved parking and impeccable landscaping is located on D Street, a coveted East of A1A location. Just steps from St. Augustine Beach’s sugar-white sand, the home captures the spirit of both downtown and the beach. The original structure, a 1940’s school house, was relocated from downtown St. Augustine, and its history is documented in the original heart pine floors. Over the years, the house emerged as a grand beach home complete with four bedrooms, two baths, bonus/media room, two living rooms, dining area and chef’s kitchen. The backyard oasis with oversized patio, lighted pergola, storage shed, outdoor shower, gas grill and heated pool with sun shelf & waterfall is enveloped by lush, tropical landscaping. A perfect combination of southern charm and beach lifestyle, the home is designed, decorated and furnished for turn-key living as a primary residence, vacation getaway or short-term rental. D Street is one of the wider, more spacious beach streets and offers a dune walkover to the beach. The property is located in an XS flood zone - no flood insurance is required, and obtaining a policy is very affordable. The home has been inspected, perfected and will be finished with Bahama shutters and hurricane shutters. Currently utilized as a highly-producing vacation rental, the transferable transient rental license is included. There are no more short-term rental licenses available in St. Augustine Beach, and this opportunity doesn’t come often in the area. While 2023 was spent renovating the exterior of this gorgeous home, the rental income for 2022 was an astounding $145,000. If you’re seeking a primary residence and don’t need the license, the Seller will offer a significant discount for transferring it to another property.