FL > St Augustine > Madeira Heights
St Augustine, FL 32080,11 Madeira Dr
St Augustine, FL 32080,11 Madeira Dr
St Augustine, FL 32080,11 Madeira Dr
St Augustine, FL 32080,11 Madeira Dr
St Augustine, FL 32080,11 Madeira Dr
St Augustine, FL 32080,11 Madeira Dr
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CC Underwood

CC Underwood

Selling With CC - Keller Williams Realty Atlantic Partners

+1(904) 304-7005
$ 764,000
Est. payment | /mo

5 Beds

4 Baths

1,966 SqFt

Save Virtual Tour
$ 764,000
Est. payment | /mo
Save Virtual Tour

5 Beds

4 Baths

1,966 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,966 sqft

Price per Sqft $388

Subdivision Madeira Heights

MLS Listing ID 252190

Style Ranch,Single Family Home

Bedrooms 5

Full Baths 4

HOA Y/N No

Total Fin. Sqft 1966

Year Built 1956

Annual Tax Amount $6,678

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Single Family Residence

Property Description

High, dry, and BIG ROI—this Madeira Heights compound is a rare opportunity on Anastasia Island. Offering both a single-family home and a detached guest cottage, this property generated over $101,000 in gross rental income last year. With unmatched returns in today's market, this is a true gem for investors, multi-generational buyers, or anyone looking to blend lifestyle and income potential. The main home features four bedrooms and three full bathrooms. One of the bedrooms, located on its own wing of the house, includes a private entrance, full bath, wet bar, and sleeping loft. This oversized space can function as a luxurious primary suite, an in-law suite, or a separate rental unit—ideal for flexible living or maximizing income. The main home is filled with character and timeless appeal, including a dramatic wall-sized coquina fireplace, exposed wood rafters, and beautiful original hardwood floors. Updates throughout the home have been thoughtfully done to preserve the original mid-century charm while adding modern comfort. Tucked at the rear of the property is a separate cottage with a full kitchen and bathroom, offering even more opportunities for rental income, a home office, studio space, or private guest quarters. Between the main house and guest cottage is a peaceful xeriscape garden shaded by towering live oaks draped in Spanish moss. Meandering stepping-stone paths lead you to a cozy fire pit, jacuzzi, outdoor dining area, and freshly painted deck—a true oasis that feels worlds away while still being in the heart of the Island. Sitting at high elevation, this concrete block home is built to last. The metal roof and low-maintenance, no-mow landscaping were designed with easy Island living in mind. From this location, you can walk to the weekly Saturday farmer's market or catch a live show at the St. Augustine Amphitheatre. The beach and downtown historic district are just a short bike ride away, making this home perfectly situated for enjoying all that St. Augustine has to offer. Whether you're looking for a short-term or long-term rental investment, a multigenerational setup, or a live-work compound, this property offers incredible flexibility in a sought-after location. With savvy investment appeal, character, and convenience all in one package, this Madeira Heights compound checks every box.

Location

State FL

County St. Johns

Area 06

Zoning RS-3

Rooms

Primary Bedroom Level 1

Master Bathroom Shower Only

Master Bedroom 1

Interior

Interior Features Dryer, Range, Refrigerator, Washer

Heating Central, Electric

Cooling Central, Electric

Flooring Tile, Wood

Exterior

Parking Features Off Street

Roof Type Metal

Building

Story 1

Water City

Architectural Style Ranch, Single Family Home

Level or Stories 1

New Construction No

Schools

Elementary Schools R.B. Hunt Elementary

Middle Schools Sebastian Middle

High Schools St. Augustine High

Others

Senior Community No

Acceptable Financing Cash, Conv, FHA, Veterans

Listing Terms Cash, Conv, FHA, Veterans

Virtual Tour https://www.youtube.com/embed/vOSf0g1L2BM?si=4YlJHBuzspUH1k4C

Listed by Keller Williams St Augustine

GET MORE INFORMATION

agent
CC Underwood

Owner

+1(904) 304-7005

8081 Philips Hwy, Jacksonville, FL, 32256, United States

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