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58 Saragossa St

St Augustine, FL 32084
  • $950,000
  • STATUS: Active
  • ON SITE: 141 Days
  • MLS #: 240601
Foreclosure
UPDATED: 33 min ago
$950,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,536
    SQFT
  • $375
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1918
County:
Area:
04

School Information

Elementary School:
Middle School:
High School:

Description

ASSUMABLE MORTGAGE AT 3.5%! Best investment opportunity in the Historic City. Once the Memorial Lutheran Church, this awe-inspiring property with RG-1 Zoning (nightly rentals allowed) is currently a single family home that is divided into two distinct areas: The Church and The Annex. Built between 1918 and 1930, the redesign of this architecturally significant structure maintains its original context and character. With distinctive pointed windows and a flat steeple, the open living concept is taken to the next level. The entryway leads to a great room with soaring cathedral ceilings, original woodwork details and gracefully-aged hardwood floors. The loft bedroom was once the gallery housing the church bells and music. The annex building, a separate concrete block suite, feels like an urban pied-à-terre with courtyard and beautifully designed new landscape. The home is nestled in the Model Land Company’s well-defined neighborhood immediately west of the St. Augustine National Historic Landmark District. This area represents the finest collection of nineteenth and twentieth century Flagler-era buildings in St. Augustine. Recently updated in 2022 with brand new roof, upgraded plumbing and electric and more, this income-producing property is operating as a successful nightly short term rental. Don't miss the opportunity to become the new custodian of this notable historic treasure in Historic St. Augustine, FL. The possibilities are endless for this Landmark Historic Church, with the flexibility to convert into two separate highly successful short-term rentals or reconfigure for multigenerational living. Nothing compares.

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© 2024 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Sunshine Realty & Appraisal Services, LLC. Data last updated 2024-09-09T11:30:48.523.
www.sunshinerealty.com/homes/149638394
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58 Saragossa St St Augustine, FL 32084

  • Price: $950,000
  • Status: Active
  • On Site: 141 Days
  • Updated: 33 min ago
  • MLS #: 240601
2
Beds
2
Baths
1
½ Baths
N/A
Acres
2,536
SQFT
$375
$/SQFT
1918
Built
Neighborhood:
Model Land Co-Fl
County:
St. Johns
Area:
04
Elementary School:
Ketterlinus Elementary
Middle School:
Sebastian Middle
High School:
St. Augustine High
Property Description
ASSUMABLE MORTGAGE AT 3.5%! Best investment opportunity in the Historic City. Once the Memorial Lutheran Church, this awe-inspiring property with RG-1 Zoning (nightly rentals allowed) is currently a single family home that is divided into two distinct areas: The Church and The Annex. Built between 1918 and 1930, the redesign of this architecturally significant structure maintains its original context and character. With distinctive pointed windows and a flat steeple, the open living concept is taken to the next level. The entryway leads to a great room with soaring cathedral ceilings, original woodwork details and gracefully-aged hardwood floors. The loft bedroom was once the gallery housing the church bells and music. The annex building, a separate concrete block suite, feels like an urban pied-à-terre with courtyard and beautifully designed new landscape. The home is nestled in the Model Land Company’s well-defined neighborhood immediately west of the St. Augustine National Historic Landmark District. This area represents the finest collection of nineteenth and twentieth century Flagler-era buildings in St. Augustine. Recently updated in 2022 with brand new roof, upgraded plumbing and electric and more, this income-producing property is operating as a successful nightly short term rental. Don't miss the opportunity to become the new custodian of this notable historic treasure in Historic St. Augustine, FL. The possibilities are endless for this Landmark Historic Church, with the flexibility to convert into two separate highly successful short-term rentals or reconfigure for multigenerational living. Nothing compares.
Exterior Features

Acreage Less than 1/4 Acre Construction Concrete BlockFrameWood Entry Level Ground Level Entry Level1 GROUND LEVEL Location City Lot Land Type Paved Lot Size 55x67 New Construction YN No Parking Facilities On Street Roof Metal Style 2 StoryHistoricTraditionalVictorian Substructure Crawl

Interior Features

Additional Room Bonus Room Air Conditioning Central Flooring TileWood Heat Central Master Bath Tub/Shower Combo Master Bedroom Level 1 Personal Property Ceiling FansChandelierMicrowaveRangeRefrigeratorWindow TreatmentsWasher/Dryer

Property Features

Bank Corporate Owned YN Yes Cdd YN No Extras Bedroom DownstairsCathedral CeilingGreat Room Hoa YN No Minimum Lease Term No Minimum Short Sale YN No Source Of Measurement Measured Tax Year 2022 Taxes 8383.23 Terms CashConv Waste Sewer Water City Zoning RG-1

Listing courtesy of One Sotheby's International Realty: 904-829-2002.


© 2024 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or Sunshine Realty & Appraisal Services, LLC. Data last updated 2024-09-09T11:30:48.523.
 
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Sunshine Realty & Appraisal Services, LLC
741 A1A Beach Blvd.
St. Augustine FL, 32080