Skip To Content
    Return to Previous Page

    11 3Rd St

    St Augustine, FL 32080
    • $2,700,000
    • STATUS: Active
    • ON SITE: 59 days
    • MLS #: 198810
    UPDATED: 48 min ago
    $2,700,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:
    07

    School Ratings & Info

    Description

    Four unit apartment building Oceanside with ocean views in the heart of St. Augustine beach on a 8,000 sq ft lot offering a rare combination of location, unit mix, and flexibility for an owner-user, investor, vacation rental, or a combination of all. The building includes a vacation rental license which allows for short term rentals. ALL units have been completely renovated, are furnished, and come fully equipped. The units are separately metered for utilities and ALL units feature granite countertops, stainless steel appliances, vinyl/tile flooring, have their own parking, private entrance, private outdoor area, and storage shed. The property is currently occupied by long term tenants, but future owners should consider operating as a short-term vacation rental to truly capitalize on their investment. Vacation Rental Incomes currently in the area would produce GROSS rental incomes of over $300,000 annually and are VERY consistent ALL YEAR with the occupancy levels over 80%!

    Monthly Payment Calculator



    © 2020 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Memory Hopkins Real Estate. Data last updated 2020-12-01T18:30:37.103.
    www.memoryhopkinsrealestate.com/homes/110655307
    Print Image

    11 3Rd St St Augustine, FL 32080

    • Price: $2,700,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 198810
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1980
    Built
    Neighborhood:
    Chautauqua Beach
    County:
    Saint Johns
    Area:
    07
    Property Description
    Four unit apartment building Oceanside with ocean views in the heart of St. Augustine beach on a 8,000 sq ft lot offering a rare combination of location, unit mix, and flexibility for an owner-user, investor, vacation rental, or a combination of all. The building includes a vacation rental license which allows for short term rentals. ALL units have been completely renovated, are furnished, and come fully equipped. The units are separately metered for utilities and ALL units feature granite countertops, stainless steel appliances, vinyl/tile flooring, have their own parking, private entrance, private outdoor area, and storage shed. The property is currently occupied by long term tenants, but future owners should consider operating as a short-term vacation rental to truly capitalize on their investment. Vacation Rental Incomes currently in the area would produce GROSS rental incomes of over $300,000 annually and are VERY consistent ALL YEAR with the occupancy levels over 80%!
    Exterior Features

    Construction Concrete BlockShell DashStucco Dock YN No Entry Level Split Level Location Ocean ViewWater ViewEast Of A1a Lot Size 6534 Navigable YN No Oceanfront Complex YN No Oceanfront Unit YN No Waterfront Type Ocean View Waterfront YN Yes

    Interior Features

    Air Conditioning CentralElectric Heat CentralElectric Unit1 Features 2/2 Ocvw Owners Suite Rem Unit1 Liv Area 1340 Unit2 Features 1/1 REM STUDIO FURNISHED Unit2 Liv Area 400 Unit3 Features 3/2 Rem Furn. W/ Private Yard Unit3 Liv Area 850 Unit4 Features 2/2 Rem Furn. W/ Private Yard Unit4 Liv Area 650

    Property Features

    Bank Corporate Owned YN No Cdd YN No Expenses Include InsuranceMaintenanceTaxes Extras FurnishedKitchen EquipmentLaundryParkingShopping Near Gross Annual Income 126000 Lease Partial Low Tide Depth Unknown Short Sale YN No Tax Year 2019 Taxes 14306.18 Terms CashConv Total Annual Expense 25200 Type Of Property Quadplex Unit1 A Up Unit1 Rent Unit 5000 Unit2 B Unit2 Rent Unit 1750 Unit3 C Unit3 Rent Unit 3500 Unit4 D Vac Unit4 Rent Unit 3000 Utilities Included Maintenance Waste SepticSewer Water County Zoning Sab

    Listing courtesy of Florida Homes Realty & Mortgage.


    © 2020 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Memory Hopkins Real Estate. Data last updated 2020-12-01T18:30:37.103.
     
    https://bt-photos.global.ssl.fastly.net/staug/orig_boomver_1_198810-2.jpg https://bt-photos.global.ssl.fastly.net/staug/orig_boomver_1_198810-2.jpg https://bt-photos.global.ssl.fastly.net/staug/orig_boomver_1_198810-2.jpg
    Logo
    Memory Hopkins Real Estate
    93B Orange St.
    St. Augustine FL, 32084