18 Arenta St St. Augustine, FL 32084
West Augustine NeighborhoodEstimated payment $7,983/month
About This Home
Downtown multi-family opportunity. Long rental history, strong demand 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 owner pays water. This complex is within walking distance to downtown St. Augustine and convenient to restaurants, shopping and attractions. Also 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 = $7225. The RS-2 zoning does allow for weekly rentals if interested in a rental income mix of both long and short terms rentals.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,897
Year Built
- Built in 1915
Lot Details
- Lot Dimensions are 100 x 124
Home Design
- Concrete Block With Brick
- Frame Construction
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 |
|---|---|---|---|---|
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | For Sale | $1,299,963 | -- | -- |
Deed 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 | |
| Previous Owner | $173,050 | Commercial |
Source: St. Augustine and St. Johns County Board of REALTORS®
MLS Number: 250035
APN: 119800-0000
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