Price Reduced 19.35%


Price History

$3,100,000
7/7/2023

$2,950,000
10/2/2023

$2,800,000
3/11/2024

$2,700,000
4/2/2024

$2,500,000
4/28/2024


62 CUNA Street, Saint Augustine, FL, 32084

62 CUNA Street, Saint Augustine, FL, 32084

6 Full baths

1900

4,381 sqft

Explore a lucrative income-producing opportunity with the Pomar House, a meticulously renovated property nestled in the heart of St. Augustine's historic downtown district. This investment gem seamlessly blends historical charm with modern amenities, promising not just a piece of history but a thriving income stream. The Pomar House, formerly a historic landmark, has been transformed into a versatile mixed-use commercial property. Boasting four short-term vacation rentals on the second floor, this property serves as a prime hub for tourism in the nation's oldest city. The four rental units, including three thoughtfully designed studio spaces and a spacious two-bedroom haven, are meticulously crafted for maximum comfort. Each unit features private, fully equipped kitchenettes and luxurious full bathrooms, ensuring an exceptional experience for guests. The two-bedroom unit adds to the allure with a spacious balcony, offering a unique and enticing perspective of the bustling Cuna Street below. Beyond the allure of its architecture, the Pomar House is strategically positioned to capitalize on St. Augustine's robust tourism industry. Just a short stroll away from the vibrant St. George Street, this property provides unparalleled access to the city's countless shops, restaurants, and historic attractions. The location ensures a consistent flow of visitors, making the Pomar House an ideal income-generating asset. Complementing the short-term vacation rentals are two commercial spaces on the first floor, presenting an opportunity for entrepreneurs to tap into the dynamic local business scene. St. Augustine's tourism, deeply woven into the city's fabric, guarantees a steady stream of potential customers. Investing in the Pomar House means not just owning a piece of St. Augustine's history but also securing a robust income-producing property. Take advantage of the city's vibrant tourism and let the Pomar House be your gateway to a thriving investment in the heart of this historic destination.


Status:

Active

Type:

Commercial

Heating:

Central, Electric, Zoned

Current Use

Commercial, Investment, Multi-Family, Office, Retail, Single Family, Other

Construction

Frame, Wood Siding

Utilities

Cable Available

Lot Description:

Historic Area

MLS #:

1236223


Community Info

School Info

Walk Score

Yelp


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Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY