64 CARRERA Street, Saint Augustine, FL, 32084 | $1,250,000

Discover an exceptional Multi Unit investment opportunity near the heart of downtown St. Augustine! This beautifully renovated property which includes the main house and 2-unit cottage, blends classic charm with contemporary elegance and modern finishes! New exterior Shaker shingles, New Electrical, New Pumbing, New HVAC units, New Luxury Vinyl Plank flooring, New Kitchens and Bathrooms along with New Wood Fence and New Large Limestone Driveway! The prime downtown location, near Flagler College, enhances the appeal for short or long-term rental income or a unique multi-family living arrangement! The main house includes 2 bedrooms and 2 bathrooms, showcasing NEW interior paint, Wood Accent wall, Live Edge countertops, Lighting and Tile showers. The charming Carrera cottage is divided into two completely renovated apartments, each with separate entrances. The second floor unit (Apt. A) features 1 bed/1 bathroom, living room, full kitchen and a large balcony with all weather decking! The first floor unit (Apt. B) is a 1 bedroom, with 2nd bedroom or flex space, living area, and bathroom. Both units have fully renovated modern kitchens with New appliances, butcher block countertops, cabinetry, fixtures and washers and dryers in unit. Your tenants can enjoy a variety of outdoor living areas. Apt A. with a very large balcony overlooking the property, and Apt. B with it's covered patio area and custom planter boxes. The Carrera Courtyard joining the two buildings, features the shade of mature oak trees, a fire pit and new wood privacy fencing! The courtyard is the perfect place to host a BBQ, relax and hang out with friends & family! The 50 year metal roof is only 10 years old and this 1920's gem has been updated with smart locks, automated thermostats, and solar outdoor lighting! There is ample parking for 5 vehicles on your New crushed limestone driveway! This turn key property with its charm, modern upgrades, and prime location, is a standout investment opportunity in St. Augustine. It's move in ready and waiting to make you money!! Schedule a tour today and see the potential for yourself!

Features

  • Bedrooms: 5
  • Baths: 4 full
  • Lot Size: 70 x 90
  • Laundry: In Unit, Lower Level, Upper Level
  • Year Built: 1920
  • Heating: Central, Electric, Separate Meters
  • Cooling: Central Air, Electric, Multi Units, Separate Meters, Split System, Varies by Unit
  • Approx Sq. Feet: 2,065
  • Acreage: 0.15
  • Lot Size: 70 x 90
  • Est. Taxes: $7,505
  • Lot Desc: Irregular Lot
  • View: Trees/Woods
  • Elem. School: Ketterlinus
  • Middle School: Sebastian
  • High School: St. Augustine
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Refrigerator, Washer, Washer/Dryer Stacked
  • MLS#: 2036041
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /eprop/2036041/64carrerastreet_saintaugustine_fl?source=qrflyer
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888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

64 CARRERA Street, Saint Augustine, FL, 32084

$1,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,000,000 $1,000,000 $1,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.371% 6.372% 6.182%
Monthly Tax Payment $625 $625 $625
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,157 $6,157 $8,439
Total Monthly Payment $6,907 $6,907 $9,189

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.