5961 S A1a, Saint Augustine, FL, 32080
2007
4,320 sqft
This fully occupied mixed use quadplex is a 7% cap rate and is situated in the desirable Crescent Beach area of St. Augustine, spans two parcels (double deep) and offers a mix of office and residential use. On the first floor, there are two office spaces, each measuring 1,080 sq ft, featuring ADA-compliant bathrooms. These offices, in very good condition, can be internally connected and are fully leased, boasting an impressive 7% Cap Rate. The second floor houses two residential units, each with 3 bedrooms, 2 baths, and spanning 1,080 sq ft. These units come fully furnished, including full kitchens with appliances, and offer a serene neighborhood view, just a short walk to the beach. The property includes a concrete driveway and parking area with handicapped spots. It enjoys good visibility from A1A, is in flood zone AE, and encompasses a total area of 0.43 acres. Zoned Neighborhood commercial. Built in 2007, this property presents a valuable investment opportunity.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
CN
Subdivision:
Treasure Beach
Heating:
Central, Electric
Cooling:
Central, Electric
Lot Size:
.210 AND .220
Lot Description:
Regular
Boat Access:
No
MLS #:
243284
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