Description
Located in a Prime location & an Opportunity Zone, this investment opportunity is the best of both worlds. Saragossa St. is in the premier Flagler Model Land historic district - only a stone's throw from Flagler College, bustling St. George St shops & restaurants, and the scenic bayfront. It's zoned RG-1 which allows for nightly rentals - considerably enhancing potential income. Currently being operated as a substance-free, low management student housing, you can keep the current operations in place, or alter to suit your needs. With Intermediate Care Facility usage and a direct line to the fire department, many medical/healthcare uses are possible. . 25 rooms (5 of which can be doubles), 11 bathrooms, 4 kitchens and 3 laundry sites as well as 14 parking spaces. New roof and ACs!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Located in a Prime location & an Opportunity Zone, this investment opportunity is the best of both worlds. Saragossa St. is in the premier Flagler Model Land historic district - only a stone's throw from Flagler College, bustling St. George St shops & restaurants, and the scenic bayfront. It's zoned RG-1 which allows for nightly rentals - considerably enhancing potential income. Currently being operated as a substance-free, low management student housing, you can keep the current operations in place, or alter to suit your needs. With Intermediate Care Facility usage and a direct line to the fire department, many medical/healthcare uses are possible. . 25 rooms (5 of which can be doubles), 11 bathrooms, 4 kitchens and 3 laundry sites as well as 14 parking spaces. New roof and ACs!
© 2021 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 97Park. Data last updated 2021-01-17T07:30:37.697.