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Presented by
Team McGonagle |
Unlock the potential of this distinctive CM-2 zoned property, offering a rare blend of charm, functionality, and flexibility in one of the most rapidly developing areas of historic St. Augustine. With 5, 746 square feet of space, this building is perfectly suited for a wide range of uses—whether you're envisioning a restaurant, café, boutique hotel or motel, retreat/recovery center, retail space, or something entirely unique. The 1st floor features a spacious layout ideal for offices, retail, or studio use, complete with a commercial-grade kitchen, ADA-compliant bathrooms, and rich architectural character including exposed brick walls and original windows. Upstairs, you’ll find 7 guest rooms, 2 full baths, and a thoughtfully designed multi-bathroom with 2 showers, 2 toilets, and 4 sinks, along with a full kitchen and a balcony overlooking Davis Street. Additional highlights include 2 private courtyards, 23 on-site parking spaces, and certified sprinkler fire suppression system. Located directly next to the vibrant West King Street corridor, surrounded by thriving local favorites like Muggsy’s Bar, BOG Brewery, Blue Hen Café, and Buena Onda Café, and many more. This is a rare opportunity to invest in a highly adaptable property in one of St. Augustine’s most exciting and fast-growing neighborhoods. Whether you're expanding a current business or launching a new concept, this space is ready to bring your vision to life.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
Licensed Salesperson
William Raveis Real Estate
Phone: 617.529.5242
TeamMcGonagle@Raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.353% | 6.121% | 6.038% |
| Monthly Tax Payment | $1,485 | $1,485 | $1,485 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,217 | $6,475 | $9,041 |
| Total Monthly Payment | $7,827 | $8,085 | $10,651 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.