16 ROHDE Avenue, St. Augustine, FL 32084

$1,189,000
Property Type: Residential Income Bedrooms: 5 Baths: 5 Square Footage: 3,543 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $1,189,000 List Date: 9/01/2024 Last Modified: 5/21/2025

Description

$100K PRICE DROP!!! Priced to Sell AS-IS. This 5 (easily 6) bedroom, 4.5 bath GEM is an AMAZING OPPORTUNITY in historic St Augustine to own a SOURCE of STEADY INCOME! Property consists of 4 units with a proven rental income history that the owner is happy to share with a qualified buyer. One unit is leased annually and the other 3 others are Airbnb/ VRBO rentals. A buyer may choose to live on site and enjoy running this profitable business in America's oldest city or keep it as it is currently a full rental property. One can walk to fine dining, shopping, boating, attractions and festivals (just a few blocks from the fairgrounds). You /your guests can enjoy the splendor of St Augustine's famous Nights of Lights from mid-November through late January every year. Seller has reservations from repeat visitors stretching into 2026. Seller happy to work with new owners for a seamless transition so you earn $$$ starting

Supplements: 15 minutes to St Augustine and Vilano beaches, great golf courses and the St Augustine outlet mall. Don't miss this opportunity to own your place that produces great cash flow for a reliable passive income.

More Information MLS# 2045248

Contract Information

Current Price: $1,189,000 List Price: $1,189,000 Status: Active Listing Contract Date: 2024-09-01 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 16 Street Name: ROHDE Street Suffix: Avenue County: St. Johns State: FL Postal Code: 32084 Subdivision Name: Rohde Addition MLS Area Major: 322-Downtown St Augustine

General Property Information

Number Of Buildings: 2 Number Of Units Total: 4 Bedrooms Total: 5 Bathrooms Total: 5 Bathrooms Full: 4 Bathrooms Half: 1 Living Area: 2891 Living Area Source: Public Records Building Area Total: 3543 Accessibility Features YN: No New Construction YN: No Year Built: 1910 Garage YN: No Carport YN: No Parking Total: 4 Lot Size Acres: 0.14 Association YN: No CDD Fee YN: No Pool Private YN: No Waterfront YN: No Furnished: Negotiable Direction Faces: South Directions: US-1 to Rohde Ave; 16 Rohde is 2nd house after 2nd stop sign, on right. Public Remarks: $100K PRICE DROP!!! Priced to Sell AS-IS. This 5 (easily 6) bedroom, 4.5 bath GEM is an AMAZING OPPORTUNITY in historic St Augustine to own a SOURCE of STEADY INCOME! Property consists of 4 units with a proven rental income history that the owner is happy to share with a qualified buyer. One unit is leased annually and the other 3 others are Airbnb/ VRBO rentals. A buyer may choose to live on site and enjoy running this profitable business in America's oldest city or keep it as it is currently a full rental property. One can walk to fine dining, shopping, boating, attractions and festivals (just a few blocks from the fairgrounds). You /your guests can enjoy the splendor of St Augustine's famous Nights of Lights from mid-November through late January every year. Seller has reservations from repeat visitors stretching into 2026. Seller happy to work with new owners for a seamless transition so you earn $$$ starting List Price/SqFt: 411.28

Status Change Information

Major Change Timestamp: 2025-03-23T15:54:03Z Major Change Type: Price Reduced Price Change Timestamp: 2025-03-23T15:54:03Z

Income and Expenses

Gross Income: 178600

Unit 1 Details

Unit ID: 16A Actual Rent: 24600 Unit SqFt: 845 Beds Total: 1 Full Baths Total: 1 Furnished: Furnished Unit Remarks: tenant lease expires December 7th, 2024

Unit 2 Details

Unit ID: `16B Actual Rent: 58000 Unit SqFt: 845 Beds Total: 2 Full Baths Total: 1 Half Baths Total: 1 Furnished: Furnished Unit Remarks: Airbnb/VRBO

Unit 3 Details

Unit ID: !6 1/2 A Actual Rent: 48000 Unit SqFt: 560 Beds Total: 1 Full Baths Total: 1 Furnished: Furnished Unit Remarks: ''Casa Tranquila'' bungalow Airbnb/VRBO

Unit 4 Details

Unit ID: 16 1/2 B Actual Rent: 48000 Unit SqFt: 560 Beds Total: 1 Full Baths Total: 1 Furnished: Furnished Unit Remarks: ''Uptown Classic' bungalow Airbnb/VRBO

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Freezer; Ice Maker; Microwave; Refrigerator; Washer Construction Materials: Frame; Wood Siding Cooling: Central Air; Multi Units; Separate Meters Current Use: Multi-Family Exterior Features: Balcony; Courtyard; Fire Pit Flooring: Tile; Wood Heating: Central Income Includes: Rent Only Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional Lot Features: Cleared; Historic Area Other Structures: Shed(s); Other Owner Pays: Cable TV Parking Features: Additional Parking; Assigned; On Street; Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Security Features: Closed Circuit Camera(s); Smoke Detector(s) Sewer: Public Sewer Tenant Pays: All Utilities Utilities: Cable Connected; Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected View: Trees/Woods; Other Water Source: Public
Listing Office: FIRST COAST PREMIER PROPERTIES
Last Updated: May - 21 - 2025
Information deemed reliable but not guaranteed.