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64 CARRERA Street, Saint Augustine, FL, 32084 | $1,245,000
**BACK ON THE MARKET!** This is your second chance to own a historic, fully renovated multi-family gem in St. Augustine, now featuring a **BRAND NEW METAL ROOF** on both the main house and Carrera Cottage! Priced at $1, 245, 000—well below its appraised value—this property offers exceptional short- and long-term rental income potential. The main house boasts 2 bedrooms, 2 baths, while the Carrera Cottage features two private-entry 1-bed, 1-bath apartments with outdoor spaces. Enjoy the tranquil Carrera Courtyard, smart home features, and ample parking. Located near Flagler College and downtown, it's perfectly positioned to benefit from St. Augustine's thriving tourism market, including popular events like Nights of Lights. Projected rental income ranges from $96, 000-$120, 000 for short-term and $69, 600-$81, 600 for long-term leases. This is an outstanding investment and a rare opportunity—schedule your showing today! house offers bright, airy interiors with luxury vinyl plank flooring, updated kitchens, and bathrooms. At the heart of the property, the Carrera Courtyard provides a serene retreat with a fire pit and seating nestled beneath mature oaks, making it perfect for entertaining or unwinding. Modern smart home features, including automated thermostats and solar outdoor lighting, add convenience and appeal, while the new limestone driveway provides ample parking for residents and guests. Located within walking distance of Flagler College and downtown St. Augustine, this property is ideally situated to capitalize on the area's thriving tourism market, especially during events like Nights of Lights. With short-term rental projections of $96, 000-$120, 000 annually and long-term rental potential of $69, 600-$81, 600 annually, this property delivers incredible value and versatility for both investors and owner-occupants. Don't miss this rare chance to own a piece of St. Augustine's history while reaping the rewards of a turnkey, income-producing property. Schedule your showing today!
Features
- Bedrooms: 5
- Baths: 4 full
- Lot Size: 70 x 90
- Laundry: In Unit, Lower Level, Upper Level
- Year Built: 1920
- Heating: Central, Electric, Separate Meters
- Cooling: Central Air, Electric, Multi Units, Separate Meters, Split System, Varies by Unit
- Approx Sq. Feet: 2,065
- Acreage: 0.15
- Lot Size: 70 x 90
- Est. Taxes: $7,505
- Lot Desc: Irregular Lot
- View: Trees/Woods
- Elem. School: Ketterlinus
- Middle School: Sebastian
- High School: St. Augustine
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Refrigerator, Washer, Washer/Dryer Stacked
- MLS#: 2036041
- Days on Market: 130 days
- Website: https://www.raveis.com
/eprop/2036041/64carrerastreet_saintaugustine_fl?source=qrflyer
Listing courtesy of ONE SOTHEBY'S INTERNATIONAL REALTY
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.
Customer Service
888.699.8876
Contact@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
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@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
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@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
64 CARRERA Street, Saint Augustine, FL, 32084
$1,245,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 |
|
|---|---|---|---|
| Loan Amount | $996,000 | $996,000 | $996,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.625% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.961% | 6.764% | 6.666% |
| Monthly Tax Payment | $625 | $625 | $625 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,214 | $6,378 | $8,676 |
| Total Monthly Payment | $6,964 | $7,128 | $9,426 |
* 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