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Listing Details

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School Ratings & Info

Description

Tremendous opportunity to own a St. Augustine staple! The Florida Motel contains all the charm of a 60s roadside motel with the modern amenities expected of a stay in historic St. Augustine. This 9 unit motel is booked strictly thru AirBnb and has full time management in place, make this a truly turnkey investment opportunity. Recent upgrades include newly added bicycles, split A/C units (in process of being installed) upgraded interiors and soon to be added exterior features. Property is on pace to gross over $220k for 2021.

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© 2021 Northeast Florida Multiple Listing Service, Inc. All rights reserved. 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. Real estate listings held by brokerage firms other than Century 21 St Augustine Properties 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. Data last updated 2021-09-21T00:24:01.427.

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253 San Marco Ave St Augustine, FL 32084

  • Price: $1,590,000
  • Status: Active
  • Updated: 54 min ago
  • MLS #: 1126316
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Beds
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Baths
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½ Baths
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Acres
Neighborhood:
32-St Johns County-St Augustine Area-East Of US-1
County:
St. Johns
Area:
32-St Johns County-St Augustine Area-East Of US-1
Property Description
Tremendous opportunity to own a St. Augustine staple! The Florida Motel contains all the charm of a 60s roadside motel with the modern amenities expected of a stay in historic St. Augustine. This 9 unit motel is booked strictly thru AirBnb and has full time management in place, make this a truly turnkey investment opportunity. Recent upgrades include newly added bicycles, split A/C units (in process of being installed) upgraded interiors and soon to be added exterior features. Property is on pace to gross over $220k for 2021.
Exterior Features

Building Stories 1 Story Exterior Wall Stucco Lot Description Regular Lot Navigable To Ocean YN No Parking Facilities 1 - 10 SpacesAttached Parking Road Frontage City Street Road Surface Asphalt Road Roof Metal Structure ConcreteConcrete Floor Waterfront YN No

Interior Features

HVAC None Misc Amenities Laundry FacilitiesOutside StorageSignage Available Total Bldg Sq Ft 1877.00

Property Features

Buildings 1 Building Commercial Type Hotel/Motel Current Zoning Cm-2 Development Status Recorded Plat Landlord Expenses All UtilitiesExterior MaintenanceInsuranceTaxes Possible Financing 1031 ExchangeCash Present Use Zoned Hotel/Motel Square Foot Source Tax Roll Type Potential Use Hotel/Motel Units 5 - 10 Units Utilities Sewer - PublicWater - Public

Listing courtesy of Jp And Associates Realtors City And Beach.


© 2021 Northeast Florida Multiple Listing Service, Inc. All rights reserved. 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. Real estate listings held by brokerage firms other than Century 21 St Augustine Properties 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. Data last updated 2021-09-21T00:24:01.427.

Digital Millennium Copyright Act
 
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Century 21 St Augustine Properties
2829 US 1 South
St Augustine FL, 32086