3125 COASTAL Highway
St Augustine, FL, 32084 $ 2,150,000
Baths0.0 Sq 6,659 Monthly Estimate*
$ 15,018
Studio
for $2,150,000. This 6,659 square foot building was built in 1947 on a lot size of 0.82.
Welcome to 3125 Coastal Hwy - an extraordinary value-add investment opportunity! This property, nestled in charming Vilano Beach, boasts mesmerizing Ocean Views and RG1 Zoning, enabling nightly vacation rentals. Situated just steps from private beach access, this .82 acre lot features a concrete block triplex with three rental units along with an additional five trailers on-site, providing a total of TEN RENTAL UNITS. The two-story triplex boasts a large deck with Ocean Views, private fenced in yard, single car garage, and a 2/2, 1/1, and efficiency that come fully furnished! With the added advantage of a sub-dividable lot, the potential for expansion or redevelopment provides ample opportunity. North Shores Park, located just a block away, offers community amenities including a garden and pickleball courts, enhancing the area's appeal. Whether you're seeking a vacation rental compound, strategic investment, or future development project, this property is your canvas for success. Don't miss out on this prime opportunity to shape your vision and capitalize on the booming rental market in beautiful St. Augustine!
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FeaturesGeneralSewer Septic Tank
Heating Central
Cooling Central Air Ceiling Fan(s)
Possession Close Of Escrow
Construction Materials Concrete Stucco Wood Siding
Year Built 1947
Property SubType Multi Family
Tax Year 2023
Current Use Multi-Family
Gross Income 172612.0
Waterfront Features Deeded Beach Access
County St. Johns
New Construction 0 None
Property Type Commercial Sale
HOA / Comm Assn N
Status Active
Directions Head East over the Vilano bridge. Take a left onto Coastal Hwy. House is on the left 1/2 mile down. Parking on the north side of the house off Gardner ave.
City St Augustine
Buyer Agent Compensation 3.00
View Y/N N
Senior Community Y/N N
Total Units 10
MLS Area 266-Vilano Beach
Lot Size Square Feet 35719.2
Waterfront Y/N N
Street Name COASTAL
Listing Terms Cash Other
Land Lease Y/N N
Tax Annual Amount 15538.7
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 266-Vilano Beach
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 27
Standard Status Active
Legal Description 25 PT OF LOT 1 & N42.5FT OF LOT 6 BLK AG SURFSIDE
Cash True
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ExteriorLot Features Corner Lot Few Trees
Water Source Public
Lot Size Area 0.82
Spa N
Lot Size Acres 0.82
Lot Size Units Acres
Road Frontage Type Highway
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Highway
Electric On Property Y/N N
Total Baths 0
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices Florida Network RealtyBroker
tracy.glochau@floridanetworkrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,018
- Monthly Property Taxes
- $1,295
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in St Augustine, FL
Average List Price $1,645,055
Percent of Sale Price 23%
Trends Information provided by ATTOM Data Solutions.
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/3/2024 | $2,150,000 | | Listed Price |