Source:
St Augustine and St Johns County Board of REALTORS
MLS#260686
About the Property
Discover a rare income-producing opportunity in St. Augustine with a proven and consistent rental history. This 4,400-square-foot property is currently configured to generate reliable income and is well-positioned to continue cash flowing for a new owner. The upper level consists of two separate 2-bedroom, 1-bath units, each with its own full kitchen—an ideal setup for short or mid-term rental use
Discover a rare income-producing opportunity in St. Augustine with a proven and consistent rental history. This 4,400-square-foot property is currently configured to generate reliable income and is well-positioned to continue cash flowing for a new owner. The upper level consists of two separate 2-bedroom, 1-bath units, each with its own full kitchen—an ideal setup for short or mid-term rental use. These units may also be easily combined into one larger residence, offering flexibility for future repositioning or owner occupancy. The lower level features a fully climate-controlled 2,200-square-foot space with 12 foot ceilings, two 10-foot-tall roll-up doors, 2 separate office spaces and a full bath, offering valuable indoor storage and generous parking capacity. The versatility of this unique property featuring warehouse, office, and studio space, plus short/mid-term rental capability, is perfect for owner-users or investors seeking multiple income streams in one property. With established rental performance, dual-use flexibility, and efficient use of space, the property is designed to produce steady cash flow while offering a variety of ownership strategies, making this a compelling investment opportunity.