Seller's Agent in 2025
Kira Sikes
MAXREV, LLC
(904) 419-9199
2 in this area
120 Total Sales
5
Beds
2.5
Baths
1,628
Sq Ft
2,178
Sq Ft Lot
Highlights
- The property is located in a historic district
- Furnished
- Central Heating and Cooling System
- Ketterlinus Elementary School Rated A
- Cooling System Mounted To A Wall/Window
- 2-minute walk to Faver-Dykes State Park
About This Home
As of January 2025Attention All AVID Airbnb Investors! Come and DOUBLE UP your earnings!! Currently average bookings around 50%-60% and room to hit 75%-100% bookings!
Numbers below are after booking & Management Fees.
-Just getting started in Sept. 2022 to Dec. 2022 earnings = $24k.
-Jan. 2023 to Dec. 2023 earnings = $70k. (3 times more than what was earned in 2022.)
-Jan. 2024 to Aug. 2024, earnings = $60k, with bookings through Dec. 2024 estimating an additional $23k. Putting 2024 currently at roughly $83k with more bookings happening daily. (This is 1.185 times more earned than 2023.)
-Based on averages we anticipate an additional $7k-$10k of income booked through the end of this year. Putting the annual income close to $95k-$100k.(about 1.428 times more than 2023.)
-Future bookings for 2025 are sitting at roughly 11k with about 39 days booked. Increase your bookings to 75% projects $149k annually, and 100% booked at $199k. (Based on averages ran) *Ask for updated numbers. This pre-1900's (1860s) fully furnished turnkey property is located in the heart of our Nation's First and Oldest cities, St. Augustine's historic district and is truly one of a kind!
Spending close to half a million dollars, the owner meticulously, lovingly and carefully restored this property, while maintaining its historic charm. You can own this piece of history with peace of mind that as much attention went into the aesthetic as went into the underlying structural integrity. You aren't just getting a property with some minor updates, you are getting a true internally completed restoration & renovation.
The renovation includes all new plumbing, all new electrical, all new appliances, new on demand water heaters, a total scrape, repair and exterior paint job , new interior paint, structural inspection and rejuvenation where needed, no cost was spared, owner had intended on owning for the foreseeable future.
The total restoration costs for this historical gem were upwards of half a million dollars. (Check out the docs tab for arch plans and more.)
The area of Cuna and Spanish Streets just underwent a lengthy beautification process where we are now just next door to the most lovely walking district in all of downtown, quiet, beautiful and still in the middle of it all. The installation not only focused on the aesthetic but greatly improved the infrastructure with new sewer and water lines, a greatly improved drainage system and beautiful streetings and red brick streets. A great area to own downtown, safe and inviting.
Currently an active airbnb with prime access to all of what downtown St. Augustine has to offer! Leave it as an airbnb, perfect for large groups of up to twelve, convert to a long term rental, student housing, pad split, commercial retail business or more! With commercial zoning, your possibilities are only limited by your imagination!
This property and its amazing history will live on for years to come, with the recent renovations it will stand for another 170 plus years! Owning such a beautiful relic in your portfolio is certainly something to be proud of and one piece of real estate you will NOT regret owning!
Schedule your private tour now!
All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,208
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 40x55
- Irregular Lot
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 1,628 Sq Ft Home
- 2-Story Property
- Furnished
- Vinyl Flooring
Kitchen
- Electric Cooktop
- Microwave
- Ice Maker
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Location
- The property is located in a historic district
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
Community Details
- 2 Units
- City Of St Augustine Subdivision
Listing and Financial Details
- Assessor Parcel Number 1982000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2023
Closed on
Jan 14, 2025
Sold by
59 Cuna St Llc
Bought by
6Ith Prop Llc
Seller's Agent
Kira Sikes
MAXREV, LLC
Buyer's Agent
JOANN WILEY
COLDWELL BANKER VANGUARD REALTY
List Price
$1,649,000
Sold Price
$1,200,000
Premium/Discount to List
-$449,000
-27.23%
Views
1712
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,146
Avg. Annual Appreciation
-3.62%
Purchase Details
Closed on
Jun 17, 2021
Sold by
Apv Llc
Bought by
59 Cuna St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,961
Interest Rate
2.9%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 30, 2018
Sold by
La Caleta Llc
Bought by
Apv Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.44%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 8, 2004
Sold by
Hall Robert Miller and Hall Gudrun
Bought by
La Caleta Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Landmark Title | |
| Warranty Deed | $779,900 | Attorney | |
| Warranty Deed | $500,000 | Estate Title Of St Augustine | |
| Warranty Deed | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $825,961 | Construction | |
| Previous Owner | $325,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2025 01/14/25 | Sold | $1,200,000 | -11.1% | $737 / Sq Ft |
| 10/15/2024 10/15/24 | Price Changed | $1,350,000 | -8.5% | $829 / Sq Ft |
| 09/06/2024 09/06/24 | Price Changed | $1,475,000 | -4.8% | $906 / Sq Ft |
| 07/06/2024 07/06/24 | Price Changed | $1,550,000 | -6.0% | $952 / Sq Ft |
| 12/16/2023 12/16/23 | Off Market | $1,649,000 | -- | -- |
| 12/10/2023 12/10/23 | For Sale | $1,649,000 | -5.8% | $1,013 / Sq Ft |
| 09/25/2023 09/25/23 | For Sale | $1,750,000 | -- | $1,075 / Sq Ft |
Source: realMLS (Northeast Florida Multiple Listing Service)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Kira Sikes
-
Vande Paliana
V
Seller Co-Listing Agent in 2025
Vande Paliana
MAXREV, LLC
(904) 254-7692
2 in this area
35 Total Sales
-
JOANN WILEY
Buyer's Agent in 2025
JOANN WILEY
COLDWELL BANKER VANGUARD REALTY
(904) 253-0937
1 in this area
24 Total Sales
Map
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 1249560
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
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