Price Reduced 16.28%
Price History
$2,150,000
2/16/2024
$1,950,000
9/12/2024
$1,800,000
12/11/2024
3125 Coastal Hwy, Saint Augustine, FL, 32084
2,641 sqft
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!
Status:
Active
Type:
Multi-family
Units:
10
Zoning:
RG-1
Subdivision:
Surfside Sub
Heating:
Central
Cooling:
Central
Lot Size:
.82
Est. Taxes:
$15,539
MLS #:
239423
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Listing courtesy of Berkshire Hathaway Homeservices Florida Network Realty