Description
Prime investment opportunity featuring four rental units, each with separate entrances and bathrooms (one unit includes an additional bathroom). Each unit is equipped with its own water, electric and AC systems and ramps at entrances ensuring convenience for tenants and customers. Two of the units are currently rented for two more years at $9000 a month, plus they cover sales tax. The remaining two units, previously rented at $5000/month for the front and $3500/month for the back, offering significant income potential. This brings the total revenue to $17,500/ month. Located on Anastasia Boulevard, this building has not experienced any flood damage even though it is considered a flood zone. The property includes 17 dedicated parking spots and features updated electrical systems, essential restaurant equipment, a grease trap and additional airflow valves. Excellent visibility and signage, with a grandfathered in marquis. Walking distance to the historic Old City. Zoned CL-2-mixed use property ideal for a variety of businesses. Given its location, visibility and amenities, this property can accommodate businesses that benefit from high foot traffic! Possible rooftop Dining w/ beautiful view of the Bayfront and Nights of Lights!
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime investment opportunity featuring four rental units, each with separate entrances and bathrooms (one unit includes an additional bathroom). Each unit is equipped with its own water, electric and AC systems and ramps at entrances ensuring convenience for tenants and customers. Two of the units are currently rented for two more years at $9000 a month, plus they cover sales tax. The remaining two units, previously rented at $5000/month for the front and $3500/month for the back, offering significant income potential. This brings the total revenue to $17,500/ month. Located on Anastasia Boulevard, this building has not experienced any flood damage even though it is considered a flood zone. The property includes 17 dedicated parking spots and features updated electrical systems, essential restaurant equipment, a grease trap and additional airflow valves. Excellent visibility and signage, with a grandfathered in marquis. Walking distance to the historic Old City. Zoned CL-2-mixed use property ideal for a variety of businesses. Given its location, visibility and amenities, this property can accommodate businesses that benefit from high foot traffic! Possible rooftop Dining w/ beautiful view of the Bayfront and Nights of Lights!
© 2025 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 2025-12-12T15:30:53.277.