64 CARRERA ST Active

St Augustine,FL 32084

$ 1245000

5 Beds

4 Baths

2065 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,065 sqft

Price per Sqft $602

Subdivision Model Land Comp

MLS Listing ID 2036041

Bedrooms 5

Full Baths 4

HOA Y/N No

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1920

Annual Tax Amount $7,504

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 70 x 90

Property Description

**BACK ON THE MARKET** due to a buyer's inability to close, this is your second chance to secure a historic, fully renovated multi-family gem in the heart of St. Augustine! With a BRAND NEW METAL ROOF being installed on both the main house and the Carrera Cottage, by 12/28, this property offers unmatched durability and peace of mind for its new owner. Priced at just $1,245,000, well below its appraised value, this is an incredible opportunity to own a property with exceptional potential for both short- and long-term rental income.

The property features a beautifully FULLY RENOVATED 2-bedroom, 2-bath main house and the Carrera Cottage which includes two private-entry 1-bedroom, 1-bath apartments. Each unit has been thoughtfully renovated, blending historic charm with modern convenience. The Cottage units boast private outdoor spaces—a spacious balcony with all-weather decking for one apartment and a covered patio with custom planters for the other—while the main house offers bright, airy interiors with luxury vinyl plank flooring, updated kitchens, and bathrooms. At the heart of the property, the Carrera Courtyard provides a serene retreat with a fire pit and seating nestled beneath mature oaks, making it perfect for entertaining or unwinding. Modern smart home features, including automated thermostats and solar outdoor lighting, add convenience and appeal, while the new limestone driveway provides ample parking for residents and guests. Located within walking distance of Flagler College and downtown St. Augustine, this property is ideally situated to capitalize on the area's thriving tourism market, especially during events like Nights of Lights. With short-term rental projections of $96,000-$120,000 annually and long-term rental potential of $69,600-$81,600 annually, this property delivers incredible value and versatility for both investors and owner-occupants. Don't miss this rare chance to own a piece of St. Augustine's history while reaping the rewards of a turnkey, income-producing property. Schedule your showing today!

Location

State FL

County St. Johns

Community Model Land Comp

Area 322-Downtown St Augustine

Direction From I-95, take FL-16 EAST, Turn RIGHT onto Ponce De Leon Blvd., Turn LEFT onto Carrera St., Property will be on the LEFT.

Rooms

Other Rooms Shed(s)

Interior

Heating Central,Electric,Separate Meters

Cooling Central Air,Electric,Multi Units,Separate Meters,Split System,Varies by Unit

Flooring Vinyl

Furnishings Unfurnished

Laundry In Unit,Lower Level,Upper Level

Exterior

Exterior Feature Balcony,Courtyard,Fire Pit

Parking Features Additional Parking,Detached,On Street

Fence Back Yard,Privacy,Wood

Utilities Available Cable Available,Electricity Connected,Separate Electric Meters,Separate Water Meters,Sewer Connected,Water Connected

View Trees/Woods

Roof Type Metal

Garage No

Private Pool No

Building

Lot Description Irregular Lot

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Fiber Cement,Wood Siding

New Construction No

Schools

Elementary Schools Ketterlinus

Middle Schools Sebastian

High Schools St. Augustine

Others

Senior Community No

Tax ID 2040300000

Security Features Fire Alarm,Security Lights,Smoke Detector(s)

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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