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$ 1,760,000
Est. payment | /mo
$ 1,760,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Room/Boarding House
Listing Status Active
Purchase Type For Sale
Subdivision Model Land Co-Fl
MLS Listing ID 264624
HOA Y/N No
Year Built 1900
Annual Tax Amount $24,911
Tax Year 2025
Property Sub-Type Room/Boarding House
Property Description
***Prime Downtown St. Augustine Boutique-Hotel-Style investment Opportunity*** Located in the heart of historic downtown St. Augustine, this unique multi-family property offers an exceptional opportunity to own an income-producing asset just a short 5 minute walk from the world-famous St. George Street. Configured in a boutique hotel style layout the property features 8 private bedrooms with 8 full bathrooms attached, so each room functions as its own separate rental unit. 7 of the 8 units are currently being utilized as short term rentals with the 8th being used for storage offering potential flexibility for future use. The current owners put over $200,000 into renovations and upgrades making this 125 year old home stand out with tastefully updated rooms while still maintaining its historic charm. A metal roof and composite siding will provide long life with minimal maintenance. Home has been completely re-wired and re-plumbed and has a fire suppression and monitoring system already installed. Whether you are looking to expand your short term rental portfolio or looking to take the plunge into the short term rental game this truly turn-key property is too good to pass up.
Location
State FL
County St. Johns
Area 04
Zoning RG-1
Location Details City
Interior
Heating Heat Pump
Cooling Other Air
Exterior
Utilities Available Electric, Sewer, Trash, Water
Building
Water City
Listed by Century 21 St Augustine Properties
Nearby Locations
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