UPDATED:
12/19/2024 04:51 PM
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
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
GET MORE INFORMATION