Price Reduced 5.13%
Price History
$975,000
1/16/2025
$925,000
3/29/2025
208 Arricola Avenue, Saint Augustine, FL, 32080-0000
1983
3,480 sqft
Investment Opportunity in Prime Davis Shores Location with Commercial Zoning – Concrete Quadplex with Over $73k Annual Rental Income and 10 parking spaces! Nestled in the desirable Davis Shores neighborhood, 208 Arricola offers a rare opportunity to own a fully rented quadplex generating over $73,000 in annual rental income. Each unit is roughly 800 square feet in size and features 2 bedrooms and 1 bath. Separate water and electric meters. Zoned CL-1 Commercial Low-One by the City of St. Augustine, this property provides excellent potential for future uses while maintaining its strong rental history. Recent Upgrades: Metal roof installed in 2015.22 hurricane-rated windows and sliding doors added in 2017. All HVAC systems replaced in recent years.Updated electrical panels (4 separate) in 2020. Additional Features: Termite bond in place with no insurance claims or hurricane damage since owners purchased the property in 2013, offering peace of mind to investors and tenants alike. Located just minutes from historic downtown St. Augustine and pristine beaches, this property is ideal for long-term rentals, vacation housing, or potential conversion into other permitted CL-1 uses such as professional offices, boutique retail, or even bed-and-breakfast operations. Priced at $925,000, this investment offers immediate cash flow and endless possibilities for the future. Don’t miss your chance to own a turnkey property in one of St. Augustine's most sought-after areas. Unit A $1650 month-to-month, Unit B $1600 expires 6/30/2025, Unit C $1350 month-to-month, Unit D $1500 expires 9/30/2025
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
CL-1
Subdivision:
Davis Shores
Heating:
Central, Electric
Cooling:
Central, Electric
Lot Size:
95x75
Lot Description:
Regular
MLS #:
250313
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2025 St Augustine & St. Johns County Board of REALTORS Realtor® MLS. All rights reserved
Listing courtesy of DJ & Lindsey Real Estate