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10 A Street + Adjacent East Lot St Augustine, FL 32080
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Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Apartments (5+ Units)
Listing Status Sold
Purchase Type For Sale
Subdivision Chautauqua Beach
MLS Listing ID 192713
Sold Date 02/13/20
HOA Y/N No
Year Built 1926
Annual Tax Amount $12,313
Tax Year 2019
Property Description
An iconic St. Augustine Beach compound with incredible potential, this 5-unit East of A1A complex with adjacent parking lot is known to be one of the beach's three first-built properties. Two units offer downstairs living area and kitchen with spiral stairs to two bedrooms and bathroom. The other three units are one bedroom apartments with vaulted ceilings & rafters. Ocean views from the east apartment & both porches. The original building is a block fortress constructed in 1926 with skillful addition of upstairs in 1987 by architect Les Thomas. Currently utilized as long-term rentals although rents are under market. Zoned Medium Density Residential, this property qualifies for placement on the City of St. Augustine Beach waitlist for transient (short term) rentals, and rentals 31+ days are permitted. Per City of St. Augustine Beach Building Department, with proper design and retrofitting, this property could qualify for a conditional use permit for a high-end BnB ... think of the return potential! A Street is truly the center of it all - you're just steps away from the sand, surf shops and restaurants.
Location
State FL
County Saint Johns
Area 07
Zoning MDR
Location Details Ocean View,East of A1A
Interior
Heating Other-See Remarks, Window Unit
Cooling Other-See Remarks, Window Unit
Exterior
Utilities Available Maintenance, Sewer, Trash, Water
Building
Water City
New Construction No
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