NOT LISTED FOR SALE
12 Beds
8 Baths
5,412 Sq Ft
2000 Built

Last Sold October 14, 2022

Last sale price $2,150,000 $397 Per Sq Ft

80 Days on Market

Highlights

  • RV Access or Parking
  • Furnished
  • Guest Parking
  • R.B. Hunt Elementary School Rated A
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2022

Located on three large COMMERCIAL lots, this turn-key immediate income producing VACATION RENTAL QUADPLEX is situated along the most sought after stretch of A1A Beach Blvd in St. Augustine Beach. Just ONE BLOCK from the beach with top eateries, bars, and local businesses all within walking distance. The four units are individually metered, each featuring a 1,353 sf 3 bedroom/2-bathroom two story townhouse style home. All four units have a coveted SHORT TERM RENTAL LICENSE and have proven to be favorites for vacationing families, snowbirds, and year-round tourists traveling to one of Florida's top destinations. Each unit has been recently remodeled and newly furnished with a unique theme. Units are all highly rated on AirBnB and VRBO ,and all reviews can transfer to the new owner with retention of the existing property management company. All units are set up as smart homes for remote management of guest access via locks, doorbell video, climate control, and other IOT devices.
This is a fantastic opportunity to own a private, fully furnished, multi-family, turnkey vacation rental in the heart of St. Augustine Beach, which provides for an immediate income producing investment. Possibilities are endless with this size commercial land on the island, offering a rare combination of location, unit mix, and flexibility for an owner-user, investor, vacation rental, or a combination of all. Lots measure 150x100 which allows space to add a pool, explore expansion, condominiumizing, or tear down and build 3 new upscale beach houses. Recent building improvements include a NEW ROOF in 2020, remodeled kitchens and granite countertops throughout! New paint, lights, fixtures, gutters, and too many more features to list!!! Ample off-street parking. No HOA and no CDD, this island property is located in the highly coveted residential beach neighborhood of Coquina Gables. Only a 10-minute drive to historic downtown Saint Augustine, National Monuments, Lighthouse, Amphitheater, Alligator Farm, and everything else this spectacular location has to offer. $174k+ in annual revenue and that's with the current owner occupying one of the units seasonally. Revenues are estimated to be $220k+ without an owner-occupant model. *Lots 6,8,10. Parcel #1707000000******DO NOT ENTER THE PROPERTY WITHOUT A SCHEDULED SHOWING******The property is a highly successful operation with guest stays year round. Showings are limited to in-between guest stays for qualified buyers only

Last Agent to Sell the Property

Shimon Meir

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY License #3284031 Listed on: 07/04/2022

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Buyer's Agent

NON MLS

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 5,412 Sq Ft Home
  • 2-Story Property
  • Furnished

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Parking Lot
  • RV Access or Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units
  • Coquina Gables Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1707000000

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Year Built: 2000
  • Property Sub Type: Quadruplex
  • Road Surface Type: Asphalt
  • Subdivision Name: Coquina Gables
  • General Property Information Living Area2: 5412.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Furnished: Furnished
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Stories Total: 2
  • General Property Information Number Of Units Total2: 4.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Furnished: Furnished
  • Full Bathrooms: 8
  • Total Bedrooms: 12
  • Flooring: Carpet, Tile
  • Living Area: 5412.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Pool Features: None

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Guest, Parking Lot, RV Access/Parking
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Other10: Yes

Utilities

  • Cooling: Attic Fan, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Lot Info

  • Parcel #: 1707000000
  • Zoning Description: Multi Family

Multi Family

  • Number Of Units Total: 4

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $2,150,000 -- --
12/17/2023 12/17/23 Off Market $1,000,000 -- --
10/14/2022 10/14/22 Sold $2,150,000 -14.0% $397 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
07/04/2022 07/04/22 For Sale $2,500,000 +150.0% $462 / Sq Ft
06/02/2020 06/02/20 Sold $1,000,000 0.0% $185 / Sq Ft
06/02/2020 06/02/20 Sold $1,000,000 +8303.4% --
06/02/2020 06/02/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $11,900 -99.0% $2 / Sq Ft
03/09/2020 03/09/20 Price Changed $1,199,000 -19.8% --
01/30/2020 01/30/20 For Sale $1,495,000 +186.4% --
10/20/2014 10/20/14 Sold $522,000 -13.0% --
08/15/2014 08/15/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $599,900 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1179154

realMLS (Northeast Florida Multiple Listing Service)