Address
16 Saragossa St Saint Augustine, FL
Price
$ 850,000
Property Attributes
  • MLS#199441
  • TypeMulti-Family
  • CountySAINT JOHNS
  • CitySaint Augustine
  • Area04
  • NeighborhoodAnderson Sub Anderson Condo
  • Zip32084
  • StyleTriplex
  • Year Built1923
  • Taxes11940
  • Price$ 850,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3711
Listing Provided Courtesy Of:
St Augustine Real Estate Company
Property Description

Ideally located on one of St. Augustine’s grandest streets stands this downtown Victorian beauty. She’s steeped in St. Augustine’s rich history; an elaborate story to be told, and the next chapter ready to be written. Saragossa Street proudly showcases some of St. Augustine’s most notable homes in the coveted Historic District, and 16 Saragossa Street stands out among them maintaining an original air of elegance and its post turn-of-the-century grandeur. Built in 1923 with the gorgeous woodwork, two fireplaces and ornate details, this stately home currently operates with coveted RG1 zoning as three successful, nightly vacation rentals. Divided into separate, furnished units, each with its own entrance, full kitchen, parking spots, electric meter and rental history, this income-producing property delivers an excellent return on investment with a total average gross annual income of $120,000+ for three consecutive years. The main house is separated into an upstairs and downstairs unit. Upstairs: two bedrooms, one bath with gorgeous Florida room. Downstairs: two bedrooms, two and a half baths, sun room, and inviting back porch. Carriage House over the two car garage: a one bedroom apartment with a deck overlooking tree tops of gorgeous towering oak trees. The back deck and patio of the main house are privately situated for backyard entertaining, surrounded by lush native gardens that accentuate the rich history and age-old beauty of this timeless St. Augustine estate. The highly-coveted RG1 Zoning allows nightly rentals and a variety of uses-continue with the three vacation rentals, convert the property to a Bed & Breakfast, renovate to its original splendor as a single family estate, transform into a wedding venue or office space. Offered as a turn-key business complete with future bookings, over 1027 rave reviews on rental sites, and a housekeeping/host team that’s perfected the turnover process. This is a rare opportunity.

Price History
11/3/2020 Listed $850,000

General Features

Bank/Corporate Owned? No
Class MULTIFAMILY
Construction Concrete Block, Frame, Stone, Wood
Cooling Central, Electric
Extras Ceiling Fan, Fireplace, Furnished, Garage, Laundry, Microwave, Parking, Range, Refrigerator
Heating Central, Electric
Legal Description 1-121 MODEL LAND CO SUB CITY ANDERSON SUB OF LOT 1 BLK N E30FT OF LOT 3 & W35FT OF LOT 4 OR3775/570 & 4853/1653(D/C)
Listing Area 04
Location City
Status Active
Status Active
Subdivision/condo Anderson Sub Anderson Condo
Taxes 11940.01
Type Triplex
Water City
Year Built 1923

Exterior Features

Lot Dimensions 65x181

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32084

Price
AVG $840K
$850K
Taxes
AVG $5,728
$11,940
Visits
AVG 77
16
Year Built
AVG 1923
1923
Walkscore
AVG 64
90
Data Provided by Walkscore ® not using MLS data

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