70 Coquina Ave Active

St Augustine,FL 32080

$ 630000

4 Beds

2 Baths

1820 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,820 sqft

Price per Sqft $346

Subdivision Davis Shores

MLS Listing ID 241541

Bedrooms 4

Full Baths 2

HOA Y/N No

Total Fin. Sqft 1820

Year Built 1957

Annual Tax Amount $9,529

Tax Year 2023

Lot Size 0.720 Acres

Acres 0.72

Property Description

Owner Financing Available! Step into the charm of historic Davis Shores, where opportunity awaits on this sprawling nearly 3/4 acre parcel, 2.5 lots. Nestled within this enormous lot lies a 1958 concrete block home boasting timeless character with 2 bedrooms, 1 bath & hardwood floors. On the second lot, 72 Coquina Ave is a 2-car garage with a 2 bed/1 bath apartment above it, both of these are currently yielding a rental income of $3175 a month. Beyond its income potential, the true gem lies in the land itself, offering ample space for visionary development. Picture the possibility of crafting not just one, but potentially multiple new residences, capitalizing on the prime location and ample space for extra parking and expansive homes. Davis Shores has favorable short-term rental regulations allowing for a minimum 7 night stay, ideal for maximizing short term rental income. Stay informed with detailed capacity regulations outlined in documents provided by the City of St. Augustine. Raised AC units, house is 2017, apartment 2018 & hot water heater 2018. Roof is over 20 years old on both structures. Possibility of owner financing with a 30% or higher down payment, subject to credit check and competitive rates reflecting current market conditions. Owner financing available with 20-30% down & other conditions. Located in close proximity to historic downtown St. Augustine, Anastasia State Park, the iconic lighthouse, and more, this property has the allure of coastal living paired with lucrative investment potential. Embrace the opportunity to shape the future of this beautiful neighborhood. Click on Virtual tour for video walk through of this properties exterior.

Location

State FL

County St. Johns

Area 06

Zoning res

Rooms

Primary Bedroom Level 1

Master Bathroom Tub/Shower Combo

Master Bedroom 1

Interior

Interior Features Garage Door,Refrigerator

Heating Heat Pump

Cooling Central

Flooring Carpet,Wood

Exterior

Waterfront No

Building

Story 1

Water City

Level or Stories 1

New Construction No

Schools

Elementary Schools R.B. Hunt Elementary

Middle Schools Sebastian Middle

High Schools St. Augustine High

Others

Senior Community No

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