8 Douglas Ave St Augustine, FL 32084

Discover a rare multi-family gem in the heart of Nelmar Terrace's Historic District! This stunning Spanish-colonial style triplex offers a 2-bedroom, 1-bathroom unit upstairs and two 1-bedroom, 1-bathroom units downstairs. Located just a mile from Vilano Beach and close to the famous downtown historic district, this property promises a prime location. Two units are currently listed on AirBnB, while the third is a long-term rental at below-market rates. Remodeled in 2018, all units feature modern updates within a historic charm. The roof, replaced in 2022, includes two metal sections and one flat roof. Plumbing and electrical systems were completely updated in 2019, and each unit has separate electric and water meters. The property is in a flood zone, with current hazard and flood insurance costing $5,671 per year. Don’t miss this exceptional investment opportunity—own a piece of history with modern amenities and excellent rental potential! Contact your agent to schedule a viewing!.