$5,195,000
NEW CONSTRUCTION

Estimated payment $29,909/month

Total Views 3,702
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • New Construction
  • Concrete Block With Brick
  • Central Heating and Cooling System
  • R.B. Hunt Elementary School Rated A
  • Laundry Room
  • Ceiling Fan

About This Home

Welcome to Inlet Place! This is rare and exceptional investment opportunity in the heart of St. Augustine, Florida. Presenting three newly built luxury homes (16, 18, and 20 Inlet Pl), meticulously designed and sold collectively as an upscale boutique hotel, ideal for hosting multifamily vacations, reunions, corporate retreats, and group events. Built in 2023, these stunning coastal properties offer a combined 16 spacious bedrooms and 14 elegantly appointed bathrooms. Each home features modern architecture, impeccable finishes, and expansive, open-concept layouts perfect for entertaining large groups. Two of the homes (16 and 20 Inlet) boast remarkable 1,500 sq ft rooftop decks accessible via stairs or private elevators, providing panoramic views ideal for relaxation, celebrations, or simply enjoying breathtaking sunsets. Every residence includes its own private heated pool surrounded by secure fencing, offering guests privacy, luxury, and tranquility. Gourmet kitchens showcase industrial-sized appliances, extra-large refrigerators, custom cabinetry, and sleek countertops—perfectly crafted to cater to sizable gatherings and professional events. Constructed with hurricane-resilient materials including fortified concrete block construction, smooth stucco finishes, and impact windows, these properties combine coastal elegance with peace-of-mind durability. The location is unmatched: just moments from St. Augustine’s vibrant downtown, iconic lighthouse, pristine beaches, and nearby boat ramps providing easy access to the Intracoastal Waterway. This property has no HOA restrictions, allowing flexibility for nightly rentals, which could generate significant revenue streams, estimated at up to $1,000 per night per home. Opportunities also exist for rentable boat slips nearby. Seize the opportunity to own this one-of-a-kind boutique hotel offering an unparalleled combination of luxury, durability, and profitability in Florida's premier historic coastal community.

Listing Agent

Zach DiFilippo

Coldwell Banker Premier Properties Listed on: 05/13/2025

Coldwell Banker Premier Properties

Co-Listing Agent

Bill Miller

Coldwell Banker Premier Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,953

Year Built

  • Built in 2023 | New Construction

Home Design

  • Concrete Block With Brick

Interior Spaces

  • Ceiling Fan
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • Garage
  • Private Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 218420-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,953

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Additional Marketing: Yes
  • Class: Multifamily
  • Construction: Concrete Block
  • Extras: Ceiling Fan, Dishwasher, Disposal, Garage, Laundry, Microwave, Parking, Pool, Range, Refrigerator
  • Heat: Central, Electric
  • Legal Description: 3-100 DAVIS SHORES LOT 4, LOT 5, & LOT 6 OR5234/851
  • Location: Intracoastal View
  • Lvt Date: 05/13/2025
  • Type Of Property: Triplex
  • Waste: Sewer
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Exterior Features

  • New Construction: Yes

Utilities

  • Air Conditioner: Central, Electric
  • Water: City

Lot Info

  • Lot Size: 5663
  • Zoning: RG-2
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 218420-0050
  • Taxes: 13953.25
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,987 $777,154 $212,040 $565,114
2024 $2,987 $758,560 $212,040 $546,520
2023 $2,987 $174,375 $174,375 $0
2022 $2,619 $138,012 $138,012 $0
2021 $0 $104,625 $104,625 $0
2020 $2,530 $117,585 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $5,195,000 0.0% --
04/18/2025 04/18/25 For Sale $5,195,000 -- $514 / Sq Ft
Source: St. Augustine and St. Johns County Board of REALTORS®

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 252872

St. Augustine and St. Johns County Board of REALTORS®

APN: 218420-0040