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    16 Saragossa St

    St Augustine, FL 32084
    • $850,000
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: 199441
    UPDATED: 69 min ago
    $850,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1923
    County:
    Area:
    04

    School Ratings & Info

    Description

    Ideally located on one of St. Augustine’s grandest streets stands this downtown Victorian beauty. She’s steeped in St. Augustine’s rich history; an elaborate story to be told, and the next chapter ready to be written. Saragossa Street proudly showcases some of St. Augustine’s most notable homes in the coveted Historic District, and 16 Saragossa Street stands out among them maintaining an original air of elegance and its post turn-of-the-century grandeur. Built in 1923 with the gorgeous woodwork, two fireplaces and ornate details, this stately home currently operates with coveted RG1 zoning as three successful, nightly vacation rentals. Divided into separate, furnished units, each with its own entrance, full kitchen, parking spots, electric meter and rental history, this income-producing property delivers an excellent return on investment with a total average gross annual income of $120,000+ for three consecutive years. The main house is separated into an upstairs and downstairs unit. Upstairs: two bedrooms, one bath with gorgeous Florida room. Downstairs: two bedrooms, two and a half baths, sun room, and inviting back porch. Carriage House over the two car garage: a one bedroom apartment with a deck overlooking tree tops of gorgeous towering oak trees. The back deck and patio of the main house are privately situated for backyard entertaining, surrounded by lush native gardens that accentuate the rich history and age-old beauty of this timeless St. Augustine estate. The highly-coveted RG1 Zoning allows nightly rentals and a variety of uses-continue with the three vacation rentals, convert the property to a Bed & Breakfast, renovate to its original splendor as a single family estate, transform into a wedding venue or office space. Offered as a turn-key business complete with future bookings, over 1027 rave reviews on rental sites, and a housekeeping/host team that’s perfected the turnover process. This is a rare opportunity.

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    © 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 2020-11-23T18:30:39.82.
    www.memoryhopkinsrealestate.com/homes/111565377
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    16 Saragossa St St Augustine, FL 32084

    • Price: $850,000
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 199441
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1923
    Built
    Neighborhood:
    Anderson Sub Anderson Condo
    County:
    Saint Johns
    Area:
    04
    Property Description
    Ideally located on one of St. Augustine’s grandest streets stands this downtown Victorian beauty. She’s steeped in St. Augustine’s rich history; an elaborate story to be told, and the next chapter ready to be written. Saragossa Street proudly showcases some of St. Augustine’s most notable homes in the coveted Historic District, and 16 Saragossa Street stands out among them maintaining an original air of elegance and its post turn-of-the-century grandeur. Built in 1923 with the gorgeous woodwork, two fireplaces and ornate details, this stately home currently operates with coveted RG1 zoning as three successful, nightly vacation rentals. Divided into separate, furnished units, each with its own entrance, full kitchen, parking spots, electric meter and rental history, this income-producing property delivers an excellent return on investment with a total average gross annual income of $120,000+ for three consecutive years. The main house is separated into an upstairs and downstairs unit. Upstairs: two bedrooms, one bath with gorgeous Florida room. Downstairs: two bedrooms, two and a half baths, sun room, and inviting back porch. Carriage House over the two car garage: a one bedroom apartment with a deck overlooking tree tops of gorgeous towering oak trees. The back deck and patio of the main house are privately situated for backyard entertaining, surrounded by lush native gardens that accentuate the rich history and age-old beauty of this timeless St. Augustine estate. The highly-coveted RG1 Zoning allows nightly rentals and a variety of uses-continue with the three vacation rentals, convert the property to a Bed & Breakfast, renovate to its original splendor as a single family estate, transform into a wedding venue or office space. Offered as a turn-key business complete with future bookings, over 1027 rave reviews on rental sites, and a housekeeping/host team that’s perfected the turnover process. This is a rare opportunity.
    Exterior Features

    Construction Concrete BlockFrameStoneWood Entry Level Ground Level Location City Lot Size 65X181

    Interior Features

    Air Conditioning CentralElectric Heat CentralElectric Unit1 Features 2 Bedrooms2.5 Baths Unit1 Liv Area 1551 Unit2 Features 2 Bedrooms1 Bath Unit2 Liv Area 1536 Unit3 Features Carriage House Apt Unit3 Liv Area 624

    Property Features

    Bank Corporate Owned YN No Cdd YN No Expenses Include InsuranceMaintenanceTaxesUtilities Extras Ceiling FanFireplaceFurnishedGarageLaundryMicrowaveParkingRangeRefrigerator Homestead Exemption YN No Millage Rate 20.0503 Short Sale YN No Tax Year 2019 Taxes 11940.01 Terms CashConv Type Of Property Triplex Unit1 1 Unit2 2 Unit3 3 Waste Sewer Water City Zoning Rg-1

    Listing courtesy of St Augustine Real Estate Company.


    © 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 2020-11-23T18:30:39.82.
     
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    Memory Hopkins Real Estate
    93B Orange St.
    St. Augustine FL, 32084