16/18/20 Inlet Pl Active

St Augustine,FL 32080

$ 5195000

- Bed

14 Baths

10112 SqFt


Key Details

Property Type Commercial

Sub Type Multifamily

Listing Status Active

Purchase Type For Sale

Square Footage 10,112 sqft

Price per Sqft $513

MLS Listing ID 251944

Full Baths 14

Year Built 2023

Annual Tax Amount $13,953

Tax Year 2024

Property Sub-Type Multifamily

Property Description

Welcome to Inlet Place! This is rare and exceptional investment opportunity in the heart of St. Augustine, Florida. Presenting three newly built luxury homes (16, 18, and 20 Inlet Pl), meticulously designed and sold collectively as an upscale boutique hotel, ideal for hosting multifamily vacations, reunions, corporate retreats, and group events. Built in 2023, these stunning coastal properties offer a combined 16 spacious bedrooms and 14 elegantly appointed bathrooms. Each home features modern architecture, impeccable finishes, and expansive, open-concept layouts perfect for entertaining large groups. Two of the homes (16 and 20 Inlet) boast remarkable 1,500 sq ft rooftop decks accessible via stairs or private elevators, providing panoramic views ideal for relaxation, celebrations, or simply enjoying breathtaking sunsets. Every residence includes its own private heated pool surrounded by secure fencing, offering guests privacy, luxury, and tranquility. Gourmet kitchens showcase industrial-sized appliances, extra-large refrigerators, custom cabinetry, and sleek countertops—perfectly crafted to cater to sizable gatherings and professional events. Constructed with hurricane-resilient materials including fortified concrete block construction, smooth stucco finishes, and impact windows, these properties combine coastal elegance with peace-of-mind durability. The location is unmatched: just moments from St. Augustine's vibrant downtown, iconic lighthouse, pristine beaches, and nearby boat ramps providing easy access to the Intracoastal Waterway. This property has no HOA restrictions, allowing flexibility for nightly rentals, which could generate significant revenue streams, estimated at up to $1,000 per night per home. Opportunities also exist for rentable boat slips nearby. Seize the opportunity to own this one-of-a-kind boutique hotel offering an unparalleled combination of luxury, durability, and profitability in Florida's premier historic coastal community.

Location

State FL

County St. Johns

Area 06

Interior

Heating Central A/C

Cooling Central A/C

Exterior

Exterior Feature Paved Parking

Waterfront Description None

Roof Type Corrugated Metal,Flat

Building

Story 3

Foundation Block

Water City

Structure Type Concrete

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