3125 Coastal Highway is a $2,150,000 home on a 0.82 acre lot located in St. Augustine, FL.
Welcome to 3125 Coastal Hwy - an extraordinary value-add investment opportunity! This property, nestled in charming Vilano Beach, boasts mesmerizing Ocean Views and RG1 Zoning, enabling nightly vacation rentals. Situated just steps from private beach access, this .82 acre lot features a concrete block triplex with three rental units along with an additional five trailers on-site, providing a total of TEN RENTAL UNITS. The two-story triplex boasts a large deck with Ocean Views, private fenced in yard, single car garage, and a 2/2, 1/1, and efficiency that come fully furnished! With the added advantage of a sub-dividable lot, the potential for expansion or redevelopment provides ample opportunity. North Shores Park, located just a block away, offers community amenities including a garden and pickleball courts, enhancing the area's appeal. Whether you're seeking a vacation rental compound, strategic investment, or future development project, this property is your canvas for success. Don't miss out on this prime opportunity to shape your vision and capitalize on the booming rental market in beautiful St. Augustine!
| Above Grade Sqft | 6,659 |
| Exterior Features | LotFeatures - Corner Lot |
| Construction Types | Concrete Stucco Wood Siding |
| Property Type | Commercial Sale |
| Style | CurrentUse - Multi-Family |
| Year Built | 1947 |
| HOA Fee | $0.00 |
| Taxes | $15,538.00 |
| County | st. johns |
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc (dba realMLS). All Real Estate listings are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. Data updated every 15 minutes.
