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Located in the heart of historic Uptown St. Augustine, this income-producing duplex presents an exceptional investment opportunity in one of the city's most sought-after locations. With tenants already in place, this property offers immediate rental income. Unit A is situated on the lower level and features 2 bedrooms and 1 bathroom, while Unit B occupies the upper level with 1 bedroom and 1 bathroom. The downstairs Unit B also enjoys direct access to both the front and rear porches, creating inviting outdoor spaces for relaxing and entertaining. Adding even more value, the property includes a dedicated owner's shed, providing convenient storage for tools, maintenance equipment, or personal belongings. Whether you're looking to expand your investment portfolio or own a turnkey rental property in a prime St. Augustine location, this duplex checks all the boxes. Just moments from the vibrant shops, restaurants, attractions, and waterfront that make historic Uptown so desirable, this is a rare opportunity to own an established income-producing property in one of Northeast Florida's most iconic neighborhoods.
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Our Executive Mortgage Banker:
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$525,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.638% | 5.972% |
| Monthly Tax Payment | $490 | $490 | $490 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,515 | $2,655 | $3,488 |
| Total Monthly Payment | $3,097 | $3,237 | $4,070 |
* 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.