56 Grove Avenue
St Augustine,
FL
32084
Property Details
List Price: |
$2,299,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
3257 |
Agency: |
Great Expectations Realty |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1917 |
Notes: |
This unique mixed use investment opportunity includes 4 separate income producing units in the heart of St. Augustine. This property sits just off US 1 and has visibility from the busy highway. The building has recently undergone significant upgrades & been remodeled with a restaurant on the first floor, 2 residential 1BR Apartments upstairs, and a separate 2 BR/ 1 BA residential cottage sitting on .28 Acres. The restaurant has a long term tenant in place, the two upstairs units are occupied with annual leases, and the cottage was being utilized as a short term rental but recently converted to full time tenant. Zoned CM-2 this property has so many options. Financials & Lease Terms available with an NDA. Current Cap Rate is 4.32%. |
MlsNumber: |
1256846 |
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Listing Provided By: |
Great Expectations Realty, original listing |
Name: |
Great Expectations Realty |
Phone: |
(904) 823-3456 |
Office Name: |
GREAT EXPECTATIONS REALTY |
Office Phone: |
(904) 823-3456 |
Agent Name: |
JENA DENNIS |
Disclaimer: |
Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |