535 HEDGEWOOD Drive, St. Augustine, FL 32092

$389,900
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,147 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $389,900 List Date: 4/03/2025 Last Modified: 5/01/2025

Description

Looking for a place you can buy that comes with built in rental income??? This luxury townhome with 2 car garage on a GORGEOUS lakefront lot has a separate studio apartment over the garage you can rent on a SHORT TERM OR LONG TERM BASIS! Or; you can use it as a detached home office, guest house, craft room or man cave; etc! Or, purchase and rent BOTH HOUSES; what a great investment! Both homes are EXTREMELY well maintained and separated by a stunning PRIVATE paver courtyard. FULL concrete block construction so VERY quiet. Updates incl: new tankless water heater in studio, new AC unit in studio, all new LVP floors in both units (no carpet), freshly painted. The main house has 2 owners suites upstairs; both have garden tubs & walk in showers & closets! The gated Isles of the World is truly exceptional with gated entry and full access to the world class King & Bear amenities incl: 2 pools (1 heated), world class fitness, tennis, pickleball & Clubhouse! Everything but golf is incl

Supplements: The garage apartment has a mini kitchen (lower cabinets, microwave, sink and fridge/freezer) plus a seating area, bedroom area and nice bath with walk in closet. The main house lake & fountain views are simply stunning with privacy fencing on either side. Full size laundry room, lovely kitchen with 42" spiced maple cabinets, new garbage disposal, gas range granite counters and all appliances stay! TONS of windows and sliders for loads of natural light. This is an amazing investment opportunity! Also listed under Income properties in MLS #2079625.

More Information MLS# 2079396

Contract Information

Current Price: $389,900 Property Sub Type: Townhouse Property Attached YN: Yes Status: Active List Price: $389,900 Listing Contract Date: 2025-04-02

Location Tax and Legal

Street Number: 535 Street Name: HEDGEWOOD Street Suffix: Drive County: St. Johns State: FL Postal Code: 32092 MLS Area Major: 305-World Golf Village Area-Central Subdivision Name: Isles Of The World

General Property Information

Bedrooms Total: 3 Bathrooms Full: 3 Bathrooms Half: 1 Bathrooms Total: 4 Living Area: 2147 Living Area Source: Assessor Year Built: 2007 Accessory Dwelling Unit Y/N: Yes Homestead YN: Yes Lot Size Acres: 0.08 Lot Size Dimensions: LAKE FRONT LOT Association YN: Yes Association Fee: 420 Association Fee Frequency: Monthly CDD Fee YN: No Accessibility Features YN: No New Construction YN: No Garage YN: Yes Garage Spaces: 2 Carport YN: No Pool Private YN: No Waterfront YN: No Stories: 2 Entry Level: 1 Senior Community YN: No Directions: FROM I-95 go West on WGV Pkwy. turn right on Royal Pines Pkwy (or you can turn on WGV Blvd to Royal Pines Pkwy) Enter through gate at Isles of the World and turn Left; go down to 535 on right. Public Remarks: Looking for a place you can buy that comes with built in rental income??? This luxury townhome with 2 car garage on a GORGEOUS lakefront lot has a separate studio apartment over the garage you can rent on a SHORT TERM OR LONG TERM BASIS! Or; you can use it as a detached home office, guest house, craft room or man cave; etc! Or, purchase and rent BOTH HOUSES; what a great investment! Both homes are EXTREMELY well maintained and separated by a stunning PRIVATE paver courtyard. FULL concrete block construction so VERY quiet. Updates incl: new tankless water heater in studio, new AC unit in studio, all new LVP floors in both units (no carpet), freshly painted. The main house has 2 owners suites upstairs; both have garden tubs & walk in showers & closets! The gated Isles of the World is truly exceptional with gated entry and full access to the world class King & Bear amenities incl: 2 pools (1 heated), world class fitness, tennis, pickleball & Clubhouse! Everything but golf is incl List Price/SqFt: 181.6

Status Change Information

Major Change Timestamp: 2025-05-01T20:53:22Z Major Change Type: Price Reduced Price Change Timestamp: 2025-05-01T20:53:22Z

Accessory Dwelling Information

Dwelling Type: Apartment ADU Attached Y/N: No Bathrooms: 1 Square Footage: 432

DPR Eligible

DPR Eligible: Yes

Property Features

Architectural Style: Multi Generational Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: 3 Days Appliances: Dishwasher; Disposal; Gas Range; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Pantry; Primary Bathroom -Tub with Separate Shower; Smart Thermostat; Walk-In Closet(s) Flooring: Tile Laundry Features: Gas Dryer Hookup; In Unit; Lower Level; Washer Hookup Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric; Multi Units Heating: Heat Pump; Natural Gas Water Source: Public Sewer: Public Sewer Security Features: Firewall(s); Security Gate; Smoke Detector(s) Construction Materials: Block; Stucco Exterior Features: Courtyard Patio And Porch Features: Rear Porch Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Dead End Street; Sprinklers In Front; Sprinklers In Rear View: Lake Fencing: Vinyl Current Use: Residential Association Amenities: Gated; Jogging Path; Maintenance Grounds Association Fee Includes: Maintenance Grounds Community Features: Gated; Sidewalks; Street Lights; Suburban Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan
Listing Office: RE/MAX SPECIALISTS
Last Updated: May - 01 - 2025
Information deemed reliable but not guaranteed.