8 Beds
1 Bath
968 SqFt
8 Beds
1 Bath
968 SqFt
Key Details
Property Type Multi-Family, Condo
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 968 sqft
Price per Sqft $361
Subdivision St Augustine South
MLS Listing ID 2117636
Bedrooms 8
Full Baths 1
HOA Y/N No
Year Built 1979
Annual Tax Amount $3,130
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Duplex
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Annual Revenue: ~ $65,000
Investment Highlights
Proven Income Producer - Consistent annual revenue of ~$65,000.
Turnkey Operation - Fully furnished, decorated, and equipped.
Electric Heated Private pool with brick-paver surround—guest favorite! Big draw!
Prime Location - 10 minutes to St. Augustine Beach and Historic District; high demand for short-term stays.
No HOA or CDD Fees - Freedom to operate as a vacation rental.
Low Overhead - Efficient floor plan, low maintenance pool, and recent updates make it easy to manage remotely.
Property Overview
3 Bedrooms | 1 Bath | 968 Sq Ft | Built 1979
Vaulted ceilings + skylight brighten the open living area
Kitchen with oak cabinetry & stainless appliances
Luxury flooring throughout living spaces
Screened 9'×20' porch overlooking lush fenced backyard
Dual paved driveways for boat/RV parking
Oversized lot with storage shed. Financial Snapshot
Gross Annual Revenue for last three years ~$65,000
Average Nightly Rate $220 - $250
Occupancy Rate ~70%
Operating Expenses ~40% of gross
Historic Net Income ~$40,000
Historic Cap Rate (at $350K) 11-12%
Location
State FL
County St. Johns
Community St Augustine South
Area 335-St Augustine South
Direction Turn onto Shore Drive from Route 1. Turn right onto Cornell Road. Turn left onto Dartmouth Road. House will be on the left.
Rooms
Other Rooms Shed(s)
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Tile, Wood
Fireplaces Number 1
Fireplaces Type Electric
Furnishings Furnished
Fireplace Yes
Laundry In Unit
Exterior
Parking Features Guest, RV Access/Parking
Fence Fenced, Back Yard, Wood
Pool In Ground, Electric Heat, Heated
Utilities Available Cable Available, Electricity Connected, Water Connected
Roof Type Shingle
Garage No
Private Pool Yes
Building
Lot Description Wooded
Faces West
Story 1
Sewer Septic Tank
Water Public, Well
Level or Stories 1
Structure Type Block,Stucco
New Construction No
Others
Senior Community No
Tax ID 2272500000
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
derek.ratliff@riserealtyadvisors.com
10752 Deerwood Park Blvd South Waterview II, Suite 100 , JACKSONVILLE, Florida, 32256, USA