REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,195,000
Est. payment | /mo
14 Baths
10,112 SqFt
$ 5,195,000
Est. payment | /mo
14 Baths
10,112 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
HOA Y/N No
Total Fin. Sqft 10112
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
Interior Features Elevator
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
Level or Stories 3
Structure Type Concrete
Listed by Coldwell Banker Premier Properties
GET MORE INFORMATION
CC Underwood
Owner