ST AUGUSTINE BEACH TRIPLEX

Located 2 short blocks from the A Street entrance to St Augustine Beach, this concrete block triplex offers an opportunity to continue long-term rentals or take advantage of existing Business Tax Receipt for vacation rentals. Unit A has approximately 975SF with 2/2 plan including open living, dining and kitchen. Each unit has private single garage and A has a deck off one of the bedrooms. Units B and C are identical with the same open living, dining and kitchen plus 2 bedrooms sharing hall bath.

All three units have their own section of backyard which could be improved with landscaping and patios to increase the lease rates. Ample off-street parking is hard to find, but we have it here and the individual garages are a bonus for both laundry facilities and additional storage. Owners have let two leases expire so you can make your own decisions about renovations and whether to go long or short term. Unit A is on a month-to-month lease.

The location is central to everything in St Augustine Beach – 5 minute stroll to the beach, 5-minute drive to Publix and everything else within an easy walk, bike ride or drive if you just can’t wait to get wherever you’re going.

Transient rentals have strong demand as do long-term leases and you can go either way or do a mix. Having an existing BTR for transient rentals is key and we’re happy to talk more about it.

Some renovations and maintenance will be needed but the masonry construction makes the exterior work simple and you can have some fun with the interiors. Triplex is hooked up to municipal sewer so the yard is available for additional amenities.

This property is co-listed with Frank O’Rourke  of St Augustine Real Estate Company.