New Listing - 10/19/2024

$1,200,000 ($603.02 per sqft)

Est. Mortgage $6,227/mo *

Quick Pre-Approval

50 MAGNOLIA Drive, #A, Saint Augustine, FL, 32080

50 MAGNOLIA Drive, #A, Saint Augustine, FL, 32080

4 beds

3 Full baths

1950

1,990 sqft

Investors Dream!! This high & dry (no flooding), completely remodeled island triplex/multi-family property is a perfect income property or live in one and have the other 2 pay the mortgage. The duplex: both are 1 bed/1 bath mirror units at roughly 570 sq ft ea. with a small storage room with laundry capabilities. The Single family 2 Bed/1 Bath unit is above a huge garage/shop. (Possible 4th unit)? New roof, pavers, A/C, New insulation/spray foam, Electrical, plumbing, Whole house Aquasana water filtration system and so much more. All units can be long-term or short-term rentals. Separate power & water as well as 2 septic tanks. Lighthouse Park is a VERY desirable neighborhood. It's the perfect location for all the things St Augustine. Walking distance to tons of restaurants, bars, downtown, Anastasia State Park, the beach, AND the Amphitheatre.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Negotiable

Units:

3

Subdivision:

Davis Shores

Garage:

2-car

Heating:

Hot Water, Propane

Cooling:

Electric

Parking:

6-car Additional Parking, Assigned, Attached, On Street, RV Access/Parking

Acreage:

0.15

Est. Taxes:

$8,533

Current Use

Investment, Mixed Use, Multi-Family, Residential

Construction

Block, Wood Siding

Utilities

Cable Available, Electricity Available, Electricity Connected, Separate Gas Meters, Water Connected

Lot Description:

Corner Lot, Few Trees, Irregular Lot

Elementary School:

R.b. Hunt

Middle School:

Sebastian

High School:

St. Augustine

Appliances:

Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Water Softener Owned

Pool:

None

MLS #:

2052776


Community Info

School Info

Walk Score

Yelp


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Listing courtesy of KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE