Seller's Agent in 2021
Irene Arriola
One Sotheby's - Downtown
(904) 669-0691
41 in this area
174 Total Sales
2 downtown cottages, favorable zoning allowing for legal nightly rentals and the bonus of required parking on-site makes for a rare and enticing opportunity. Rental rates for 23 Old Mission Ave are based on projected short-term income. Rental rates for 23 1/2 Old Mission Ave are based on real revenue from existing Airbnb in full operation. Located just off San Marco Ave - a true Main Street dotted with neat retail shops, indie restaurants, ice cream, cupcakes and wine bar all within 4-blocks. With 1,106SF, the front cottage dates back to 1900 and enjoys a classic covered front porch made private thanks to mature landscaping in the front yard. Entry door opens into living room with a bedroom on the left. Short hall off bedroom houses full bathroom and laundry room. 2nd living room is in the middle and large dining room is open to the efficient kitchen. Another bedroom is at the back providing maximum privacy between the sleeping rooms. Back door in kitchen leads to very private deck inside a louvered courtyard. Rear cottage measures 456 SF and has a wonderful walled courtyard enjoyed by many happy Airbnb guests. Interior space is separated into sleeping quarters, living and dining area and kitchen lines up against one wall out of sight of the "bedroom". Everything is newly updated and this unit is literally rented almost every night. Outside the courtyard wall there are 3 parking spaces (1 per bedroom as required by ordinance). There is a perpetual easement providing ingress and egress from 23 OM across 25 and exiting at 27. This simplifies traffic flow for all concerned. Shared well agreement ensures that everyone's grass stays green and all 3 properties share the cost. Zoning, location and 2 dwellings allowing legal nightly rentals are a rare and mighty package wrapped up and waiting for someone who can do the math. Check it out.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2021 01/05/21 | Sold | $430,000 | -4.4% | $380 / Sq Ft |
| 09/04/2020 09/04/20 | For Sale | $450,000 | -- | $398 / Sq Ft |
Seller's Agent in 2021
Irene Arriola
One Sotheby's - Downtown
(904) 669-0691
41 in this area
174 Total Sales
Buyer's Agent in 2021
Debby Craggs
Florida Homes Realty & Mortgage
(904) 540-0496
4 in this area
79 Total Sales
Source: St. Augustine and St. Johns County Board of REALTORS®
MLS Number: 198983
APN: 190580 0000