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    11 3RD St

    St Augustine Beach, FL 32080
    • $2,700,000
    • STATUS: Active
    • ON SITE: 46 days
    • MLS #: 1078768
    UPDATED: 34 min ago
    $2,700,000
    • 7
      BEDS
    • N/A
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 4,314
      SQFT
    • $626
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Four unit apartment building Oceanside with ocean views in the heart of St. Augustine beach on a 8,000 sq ft lot offering a rare combination of location, unit mix, and flexibility for an owner-user, investor, vacation rental, or a combination of all. The building includes a vacation rental license which allows for short term rentals. ALL units have been completely renovated, are furnished, and come fully equipped.The units are separately metered for utilities and ALL units feature granite countertops, stainless steel appliances, vinyl/tile flooring, have their own parking, private entrance, private outdoor area, and storage shed. The property is currently occupied by long term tenants, but future owners should consider operating as a short-term vacation rental to truly capitalize on their investment. Vacation Rental Incomes currently in the area would produce GROSS rental incomes of over $300,000 annually and are VERY consistent ALL YEAR with the occupancy levels over 80%!

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    © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Randy Martin Team | Watson Realty Corp are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-12-05T07:25:50.99.

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    11 3RD St St Augustine Beach, FL 32080

    • Price: $2,700,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 1078768
    7
    Beds
    7
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,314
    SQFT
    $626
    $/SQFT
    1980
    Built
    Neighborhood:
    Chatauqua Beach
    County:
    St. Johns
    Area:
    33-St Johns County-Se
    Property Description
    Four unit apartment building Oceanside with ocean views in the heart of St. Augustine beach on a 8,000 sq ft lot offering a rare combination of location, unit mix, and flexibility for an owner-user, investor, vacation rental, or a combination of all. The building includes a vacation rental license which allows for short term rentals. ALL units have been completely renovated, are furnished, and come fully equipped.The units are separately metered for utilities and ALL units feature granite countertops, stainless steel appliances, vinyl/tile flooring, have their own parking, private entrance, private outdoor area, and storage shed. The property is currently occupied by long term tenants, but future owners should consider operating as a short-term vacation rental to truly capitalize on their investment. Vacation Rental Incomes currently in the area would produce GROSS rental incomes of over $300,000 annually and are VERY consistent ALL YEAR with the occupancy levels over 80%!
    Exterior Features

    Building Stories 2 Stories Exterior Wall ConcreteStucco Front Lot Description Ocean View Navigable To Ocean YN No Parking Facilities > 1 Space Per Unit1 - 10 SpacesAssigned ParkingGuest Parking Pool No Pool Road Frontage City Street Road Surface Paved Roof Metal Structure Concrete Waterfront YN No

    Interior Features

    Additional Equipment Laundry On PremisesSmoke Detector Cooling Central CoolingWindow/Wall Unit Energy Features Ceiling Fan(S)Exhaust Fans Heating Central HeatingWindow/Wall Unit Interior Amenities Beach AccessFurnishedPrewired AudioSliding Glass DoorsStorm DoorsVinyl Plank FlooringWindow Treatments Major Appliances DishwasherDryerMicrowaveRange - ElectricRefrigeratorWasher Rental Includes DishwasherDisposalDryerFurnitureRange/OvenRefrigeratorWasher Walls Dry Wall Water Heater Electric Water Heatr

    Property Features

    Buildings 1 Building Country Usa Documents On File Survey On File Efficiency Rentals Over $300 P/Month Historic Area No Legal Name Of Subdiv Chatauqua Beach Multifamily Type Four-PlexMulti GenerationalMulti Units Occupancy ImmediateNegotiableTenant Occp Lease One Bdrm Rentals Over $600/Month Possible Financing CashConventionalFhaVa Present Rental Terms 6 + MonthYear Present Tenant Exp All ElectricSecurity DepositWater Square Foot Source Plans Three Bedroom Rental Over $1500/Month Two Bedroom Rentals Over $1500/Month Unit Info Efficiency Units 1 Unit Info Total Units 4 Unit Info2 Bedroom Units 1 Unit Info3 Bedroom Units 2 Units 4 Units Utilities Cable - ConnectedSep Elect Meter(S)Sep Water Meter(S)Sewer - Septic SysWater - Public

    Listing courtesy of Florida Homes Realty & Mtg Llc.


    © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Randy Martin Team | Watson Realty Corp are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2020-12-05T07:25:50.99.

    Digital Millennium Copyright Act
     
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    The Randy Martin Team | Watson Realty Corp
    12710 San Jose Blvd
    Jacksonville FL, 32223