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In the very heart of downtown St. Augustine, just one block from the town square, sits a fully renovated, commercially zoned triplex that stands out as one of the city’s strongest-performing short-term rental investments. Freshly reimagined from the ground up in 2023–2024 with new kitchens, new baths and all new designs. Guana Carriage House is offered as a 100% turn-key property and requires no further capital expenditure to maintain peak operation. With unrestricted nightly rental zoning (CL-1), ample on-site parking and modern interiors, your guests will be just a short walk to restaurants, shops and attractions. Each unit has its own outdoor area and the front porch is for the afternoon breezes. No detail has been overlooked for our guests. This asset consistently achieves near-full occupancy during peak seasons and delivers robust year-round cash flow. Forward bookings are already secured and fully transferable, allowing a new owner to begin generating income the day of closing. There are (2) Two-bedroom, two bath units and (1) One-bedroom, one bath unit. All three have a full kitchen. High and dry with no flooding, this triplex offers peace of mind alongside profitability. Current rates remain conservative, leaving immediate upside for a new owner to enjoy future growth. For the investor seeking a stabilized, high-cash-flow property in the nation’s oldest city with zero deferred maintenance and income starting on day one, this is the rare opportunity that checks every box.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $1,320,000 | $1,320,000 | $1,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | $1,037 | $1,037 | $1,037 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,495 | $7,914 | $10,961 |
| Total Monthly Payment | $8,657 | $9,076 | $12,123 |
* 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.