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Presented by
Suzanne Tournas |
16/18/20 Inlet Pl, Saint Augustine, FL, 32080 | $5,195,000
Welcome to Inlet Place! This is rare and exceptional investment opportunity in the heart of St. Augustine, Florida. Presenting three newly built luxury homes (16, 18, and 20 Inlet Pl), meticulously designed and sold collectively as an upscale boutique hotel, ideal for hosting multifamily vacations, reunions, corporate retreats, and group events. Built in 2023, these stunning coastal properties offer a combined 16 spacious bedrooms and 14 elegantly appointed bathrooms. Each home features modern architecture, impeccable finishes, and expansive, open-concept layouts perfect for entertaining large groups. Two of the homes (16 and 20 Inlet) boast remarkable 1, 500 sq ft rooftop decks accessible via stairs or private elevators, providing panoramic views ideal for relaxation, celebrations, or simply enjoying breathtaking sunsets. Every residence includes its own private heated pool surrounded by secure fencing, offering guests privacy, luxury, and tranquility. Gourmet kitchens showcase industrial-sized appliances, extra-large refrigerators, custom cabinetry, and sleek countertops—perfectly crafted to cater to sizable gatherings and professional events. Constructed with hurricane-resilient materials including fortified concrete block construction, smooth stucco finishes, and impact windows, these properties combine coastal elegance with peace-of-mind durability. The location is unmatched: just moments from St. Augustine’s vibrant downtown, iconic lighthouse, pristine beaches, and nearby boat ramps providing easy access to the Intracoastal Waterway. This property has no HOA restrictions, allowing flexibility for nightly rentals, which could generate significant revenue streams, estimated at up to $1, 000 per night per home. Opportunities also exist for rentable boat slips nearby. Seize the opportunity to own this one-of-a-kind boutique hotel offering an unparalleled combination of luxury, durability, and profitability in Florida's premier historic coastal community.
Features
- Cooling: Central A/C
- Lot Size: .13
- Year Built: 2023
- Est. Taxes: $13,953
- MLS#: 254034
- Days on Market: 174 days
- Website: https://www.raveis.com
/prop/254034/161820inletpl_saintaugustine_fl?source=qrflyer
William Raveis Family of Services
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.
Suzanne TournasSales Associate
203.246.9424
Suzanne.Tournas@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 69244
914.260.2006
Francine.Silberman@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 69957
914.260.5535
Mace.Rattet@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Gene RahillyInsurance Sales Director, William Raveis Insurance
917.494.9386
Gene.Rahilly@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
16/18/20 Inlet Pl, Saint Augustine, FL, 32080
$5,195,000
Suzanne Tournas
Sales Associate
William Raveis Real Estate
Phone: 203.246.9424
Suzanne.Tournas@Raveis.com
Francine Silberman
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
Mace L. Rattet
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $4,156,000 | $4,156,000 | $4,156,000 |
| 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 | $1,163 | $1,163 | $1,163 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,924 | $24,917 | $34,791 |
| Total Monthly Payment | $25,212 | $26,205 | $36,079 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388