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70 Coquina Ave

St Augustine, FL 32080
  • $640,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 241541
UPDATED: 120 min ago
$640,000
  • 4
    BEDS
  • 0.72
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,820
    SQFT
  • $352
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1957
County:
Area:
06

School Information

Elementary School:
Middle School:
High School:

Description

Step into the charm of historic Davis Shores, where opportunity awaits on this sprawling nearly 3/4 acre parcel, that is 2.5 lots. Nestled within this enormous lot lies a 1958 concrete block home boasting timeless character with 2 bedrooms, 1 bath & hardwood floors. On the second lot, 72 Coquina Ave is a 2-car garage with a 2 bedroom one bath apartment above it, both of these are currently yielding a rental income exceeding $2500 a month. Beyond its income potential, the true gem lies in the land itself, offering ample space for visionary development. Picture the possibility of crafting not just one, but potentially multiple new residences, capitalizing on the prime location and ample space for extra parking and expansive homes. Davis Shores has favorable short-term rental regulations allowing for a minimum 7 night stay, ideal for maximizing short term rental income. Stay informed with detailed capacity regulations outlined in documents provided by the City of St. Augustine. Raised AC units, house is 2017, apartment 2018 & hot water heater 2018. Roof is over 20 years old on both structures. Possibility of owner financing with a 30% or higher down payment, subject to credit check and competitive rates reflecting current market conditions. Owner financing available with 30% down & other conditions. Located in close proximity to historic downtown St. Augustine, Anastasia State Park, the iconic lighthouse, and more, this property has the allure of coastal living paired with lucrative investment potential. Embrace the opportunity to shape the future of this beautiful neighborhood. Click on Virtual tour for video walk through of this properties exterior.

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© 2024 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Momentum Realty. Data last updated 2024-07-13T20:30:37.56.
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70 Coquina Ave St Augustine, FL 32080

  • Price: $640,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 120 min ago
  • MLS #: 241541
4
Beds
2
Baths
0
½ Baths
0.72
Acres
1,820
SQFT
$352
$/SQFT
1957
Built
Neighborhood:
Davis Shores
County:
Saint Johns
Area:
06
Elementary School:
R.B. Hunt Elementary
Middle School:
Sebastian Middle
High School:
St. Augustine High
Property Description
Step into the charm of historic Davis Shores, where opportunity awaits on this sprawling nearly 3/4 acre parcel, that is 2.5 lots. Nestled within this enormous lot lies a 1958 concrete block home boasting timeless character with 2 bedrooms, 1 bath & hardwood floors. On the second lot, 72 Coquina Ave is a 2-car garage with a 2 bedroom one bath apartment above it, both of these are currently yielding a rental income exceeding $2500 a month. Beyond its income potential, the true gem lies in the land itself, offering ample space for visionary development. Picture the possibility of crafting not just one, but potentially multiple new residences, capitalizing on the prime location and ample space for extra parking and expansive homes. Davis Shores has favorable short-term rental regulations allowing for a minimum 7 night stay, ideal for maximizing short term rental income. Stay informed with detailed capacity regulations outlined in documents provided by the City of St. Augustine. Raised AC units, house is 2017, apartment 2018 & hot water heater 2018. Roof is over 20 years old on both structures. Possibility of owner financing with a 30% or higher down payment, subject to credit check and competitive rates reflecting current market conditions. Owner financing available with 30% down & other conditions. Located in close proximity to historic downtown St. Augustine, Anastasia State Park, the iconic lighthouse, and more, this property has the allure of coastal living paired with lucrative investment potential. Embrace the opportunity to shape the future of this beautiful neighborhood. Click on Virtual tour for video walk through of this properties exterior.
Exterior Features

Acreage 1/2 to 1 Acre Construction Concrete Block Dock Permitted YN N/A Dock YN No Entry Level Ground Level Lot Size 2.5 lots Lot Type Regular Navigable YN No New Construction YN No Waterfront YN No

Interior Features

Air Conditioning Central Flooring CarpetWood Heat Heat Pump Master Bath Tub/Shower Combo Master Bedroom Level 1 Personal Property Garage DoorRefrigerator

Property Features

Bank Corporate Owned YN No Cdd YN No Hoa YN No Homestead Exemption YN No Short Sale YN No Source Of Measurement Tax Records Tax Year 2023 Taxes 9529 Waste Sewer Water City Zoning res

Listing courtesy of Berkshire Hathaway Homeservices Florida Network Realty: 904-471-6906.


© 2024 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Momentum Realty. Data last updated 2024-07-13T20:30:37.56.
 
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Momentum Realty
14333 Beach Blvd
Jacksonville Beach FL, 32250