$4,299,000

Estimated payment $26,282/month

Total Views 322
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Turnkey Mixed-Use Investment Property on the Golden Mile – St. Augustine Beach *Please note MLS details (such as total sq footage) are for both buildings combined as there was no option to list mix-use buildings together. Breakdown of two buildings is in description & Feature Sheet in documents* An exceptional opportunity awaits with this fully furnished, income-producing mixed-use property, ideally situated along St. Augustine Beach’s highly sought-after Golden Mile, where no vehicles are allowed to drive on the beach. Located just east of A1A Beach Blvd, the property is within walking distance to the ocean, St. Augustine Pier, popular restaurants, and boutique shopping. Historic Downtown St. Augustine is just 4.5 miles away, offering the perfect blend of coastal charm and accessibility. This unique property features two buildings on a commercially zoned lot, offering both residential and commercial functionality. The first structure, a classic one-story duplex built in 1955 includes two fully equipped short-term rental units. Each unit offers two bedrooms, two full bathrooms, a kitchen, and a combined living and dining area. Unit A also includes an enclosed sunroom that houses a second dryer. Recent improvements include a new roof (2020), new HVAC systems (2021), newer washers and dryers, new mattresses and furnishings, and all new faux wood blinds installed in early 2025. The duplex was painted inside and out in 2020 and includes an outdoor pergola ideal for guest relaxation and barbecues. There is parking space for at least four vehicles in front of the duplex. In addition, the front of the duplex for both units has a large paver area for outside seating and enjoyment.The total building area is approximately 2,448 square feet, with 1,882 square feet heated and cooled. The second building is a modern, two-story mixed-use structure built in 2022, offering two commercial units on the ground floor and two fully furnished short-term rental condos above. The first floor consists of two separate commercial spaces, currently occupied by a real estate office and an art gallery. Each space includes a half bathroom and a wet bar-style area. This level includes 2,279 total square feet, with 1,375 heated and cooled, and the balance comprised of porches and deck areas finished with durable Trex decking. Upstairs, the second floor features two turnkey short-term rental units, each with two bedrooms, two full bathrooms, a kitchen, and a combined living/dining space. These stylish, fully furnished condos were designed for guest comfort, with high-end appliances, blackout bedroom shades, new mattresses and furnishings, and quality finishes throughout. The second floor offers 2,427 total square feet, of which 1,585 is heated and cooled. The mixed-use building also includes a full sprinkler and fire suppression system across all three floors, with an alarm directly connected to the fire department and annually inspected. It features hurricane-rated windows and doors, 800-amp electrical service with surge protectors in each of the upstairs condo unit panels, powder-coated aluminum exterior stairways, and pervious paver parking in the rear. Under this rear pervious paver parking lot there is a stormwater drainage system that was designed and installed for collection and aquifer recharge. There are four tandem parking spots designated for condo guests, one handicapped space, an additional six to seven general parking spaces, and four spaces reserved for the commercial real estate tenants. A fenced storage area behind the buildings is shared by both structures. This well-maintained, high-performing investment is being sold turnkey with all furnishings and existing rental bookings in place with cooperation of iTrip property management company. It offers the rare combination of beachside location, modern construction, strong rental income, and commercial tenancy, making it ideal for investors or owner-occupants seeking a blend of income and lifesty

Listing Agent

Jenny Burnett

Exp Realty

Exp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,996

Year Built

  • Built in 1955

Utilities

  • Central Heating and Cooling System

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 167460-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,996

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Additional Marketing: Yes
  • Class: Multifamily
  • Heat: Central
  • Legal Description: 2-50 ATLANTIC BCH LOTS 62 & 63 & ALL LOT 64 (EX R/W RD A1A) OR4651/1219(Q/C)
  • Lvt Date: 04/23/2025
  • Type Of Property: Quadplex
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Air Conditioner: Central

Lot Info

  • Lot Size: 13939
  • Zoning: SAB
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 167460-0000
  • Taxes: 27995.66
  • Tax Year: 2024

Multi Family

  • Units: 10

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
2024 $27,929 $1,765,349 $836,340 $929,009
2023 $27,929 $1,771,281 $836,340 $934,941
2022 $14,796 $1,147,254 $941,976 $205,278
2021 $12,109 $748,967 $0 $0
2020 $12,278 $756,402 $0 $0
2019 $11,532 $681,591 $0 $0
2018 $10,063 $588,962 $0 $0
2017 $10,062 $589,724 $527,310 $62,414
2016 $9,193 $501,839 $0 $0
2015 $9,524 $529,038 $0 $0
2014 $8,380 $452,658 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $4,299,000 +480.9% --
11/02/2020 11/02/20 Sold $740,000 0.0% --
09/05/2020 09/05/20 Off Market $740,000 -- --
05/08/2020 05/08/20 For Sale $765,000 +28.6% --
04/10/2015 04/10/15 Sold $595,000 -14.4% --
04/10/2015 04/10/15 Pending -- -- --
08/23/2014 08/23/14 For Sale $695,000 -- --
Source: St. Augustine and St. Johns County Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $230,000 Island Title Of St Augustine
Interfamily Deed Transfer -- National Title Agency Llc
Warranty Deed $595,000 Action Title Svcs Of St John
Deed $410,000 Island Title Of St Augustine
Warranty Deed $700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $918,750 Commercial
Previous Owner $487,500 Commercial
Previous Owner $476,000 Commercial
Previous Owner $368,000 Commercial
Source: Public Records

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

MLS Number: 252467

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

APN: 167460-0000