18 Arenta St St. Augustine, FL 32084
West Augustine NeighborhoodEstimated payment $7,534/month
About This Home
Opportunity knocks - solid cash flow and strong demand....Downtown multi-family property on two lots. Long rental history and excellent location make this apartment complex a solid investment. The adjacent vacant lot provides ample parking for tenants and guests. Each apartment has a private entry and assigned parking. On-site laundry available for tenants. Each apartment is separately metered for electric and the owner pays for water. This complex is a short walk to downtown St. Augustine and convenient to restaurants, shopping, and attractions. A very favorable location for tenants due to the ease of access to nearby employment. The building and grounds are very well-maintained and allow for ample outdoor space as well as privacy. There have been continued updates and renovations throughout since 2007. Total monthly gross rental income from 6 apartments:$7,430. The RS-2 zoning allows for weekly rentals, making it an option for a rental income mix of both long and short-term rentals.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- Lot Dimensions are 100x 124
Parking
- Private Parking
Home Design
- Frame Construction
Utilities
- Window Unit Cooling System
- Window Unit Heating System
Community Details
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 119800-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,243 | $473,558 | -- | -- |
| 2024 | $9,243 | $659,429 | $179,200 | $480,229 |
| 2023 | $9,243 | $676,279 | $179,200 | $497,079 |
| 2022 | $7,826 | $504,949 | $179,200 | $325,749 |
| 2021 | $6,780 | $369,710 | $0 | $0 |
| 2020 | $6,206 | $330,620 | $0 | $0 |
| 2019 | $5,617 | $267,311 | $0 | $0 |
| 2017 | $4,918 | $241,386 | $48,000 | $193,386 |
| 2016 | $4,620 | $225,386 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | For Sale | $1,299,963 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Estate Title Of St Augustine | |
| Warranty Deed | $250,000 | Associated Land Title Group |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | Commercial |
Source: St. Augustine and St. Johns County Board of REALTORS®
MLS Number: 260135
APN: 119800-0000
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