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$ 5,195,000
Est. payment | /mo
$ 5,195,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Davis Shores
MLS Listing ID 252872
HOA Y/N No
Year Built 2023
Annual Tax Amount $13,953
Tax Year 2024
Property Sub-Type Triplex
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
Zoning RG-2
Location Details Intracoastal View
Interior
Heating Central, Electric
Cooling Central, Electric
Building
Water City
New Construction Yes
Listed by Coldwell Banker Premier Properties
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CC Underwood
Owner