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Key Details
Sold Price $445,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 878 sqft
Price per Sqft $506
Subdivision St. Augustine Ocean Racquet
MLS Listing ID 237764
Sold Date 04/17/24
Bedrooms 2
Full Baths 2
HOA Y/N Yes
Total Fin. Sqft 878
Year Built 1982
Annual Tax Amount $5,450
Tax Year 2023
Property Description
This successful beach rental in St. Augustine Ocean & Racquet Club generated $64,776 in 2023 in gross rentals, $50,648 net less taxes & cleaning. It also has an assumable mortgage at 5% see attached documents for details. A comfortable 2nd floor unit in an atrium building with a spa, tastefully decorated with many 5 star reviews make this a sound investment. The owners will share their future bookings and pictures. This 2 bedroom/2 bath unit is sold fully furnished and with updated features such as new dishwasher, washer & Dryer in 2023, HVAC in 2019. The complex features gated security, onsite management, 2 secure beach access points, a pool, tennis courts and located in a great part of St. Augustine beach, walkable to restaurants and shopping. On a short term rental program but easy to see during the week. Rental numbers and loan info in MLS documents
Location
State FL
County Saint Johns
Area 07
Zoning res
Location Details East of A1A
Rooms
Primary Bedroom Level 1
Master Bedroom 1
Dining Room Combo
Interior
Interior Features Ceiling Fans, Dishwasher, Microwave, Range, Refrigerator, Window Treatments, Furnished, Washer/Dryer
Heating Central
Cooling Central
Flooring Vinyl
Exterior
Parking Features Off Street
Community Features Beach Access, Clubhouse, Community Pool Unheated, Tennis, Jacuzzi
Building
Story 1
Entry Level 1 Level
Level or Stories 1
New Construction No
Schools
Elementary Schools R.B. Hunt Elementary
High Schools Pedro Menendez High School
Others
Senior Community No
Restrictions See Docs
Security Features Gated with Guard
Acceptable Financing Assume, Cash, Conv
Listing Terms Assume, Cash, Conv
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