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50 Magnolia Drive

St Augustine, FL 32080

4 beds
3 baths
1,990 sqft
6,534 sqft lot
$603 per sqft
1950 build
– on site

Investors Dream!! This high & dry (no flooding), completely remodeled island triplex/multi-family property is a perfect income property or live in one and have the other 2 pay the mortgage. The duplex: both are 1 bed/1 bath mirror units at roughly 570 sq ft ea. with a small storage room with laundry capabilities. The Single family 2 Bed/1 Bath unit is above a huge garage/shop. (Possible 4th unit)? New roof, pavers, A/C, New insulation/spray foam, Electrical, plumbing, Whole house Aquasana water filtration system and so much more. All units can be long-term or short-term rentals. Separate power & water as well as 2 septic tanks. Lighthouse Park is a VERY desirable neighborhood. It's the perfect location for all the things St Augustine. Walking distance to tons of restaurants, bars, downtown, Anastasia State Park, the beach, AND the Amphitheatre.

Listing courtesy of NEFMLS / KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

Last checked: Checking… • Last updated Nov 14, 2024 •

MLS# 2052776 —

The Building

Year Built:

1950
New Construction:

false
Construction Materials:

Block, Wood Siding
Development Status:

None
Architectural Style:

None
Roof:

Metal
Stories Total:

2
Levels:

Two
Basement:

None
Foundation Details:

None
Exterior Features:

Courtyard
Building Features:

None
Window Features:

None
Patio And Porch Features:

None
Building Name:

None

Interior

Rooms Total:

None
Furnished:

Negotiable
Interior Features:

None
Flooring:

Tile, Wood
Fireplace:

No

Room Dimensions

Living Area:

1990.0
Living Area Units:

None

Financial & Terms

Possession:

Negotiable

Location

Directions:

From the Bridge of Lions, take A1A South. Turn left on Dancy Street. Property will be on your left in Lighthouse Park.
Cross Street:

None
Latitude:

29.887048
Longitude:

-81.290143

The Property

Parcel Number:

1575700010
Property Type:

Residential Income
Property Subtype:

Multi Family
Property Condition:

None
Property Attached:

No
Zoning:

None
Lot Features:

Corner Lot, Few Trees, Irregular Lot
Lot Size Acres:

0.15
Lot Size SqFt:

6534.0
Lot Size Area:

0.15
Lot Size Units:

Acres
Current Use:

Investment, Mixed Use, Multi-Family, Residential
Possible Use:

None
Topography:

None
Fencing:

Chain Link, Wood
Additional Parcels:

No
Additional Parcels Description:

None
Road Frontage Type:

City Street
Road Surface Type:

Asphalt
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Legal Description:

1-58 CARVERS SUB ANASTASIA LOT 1 & ALL LOT 2 (EX N
Tax Annual Amount:

8532.68

Beds

Bedrooms Total:

4

Baths

Total Baths:

3.0
Total Baths:

3
Full Baths:

3
Three Quarter Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None

Heating & Cooling

Heating:

Hot Water, Propane
Heating:

true
Cooling:

true
Cooling:

Electric

Utilities

Utilities:

Cable Available, Electricity Available, Electricity Connected, Separate Gas Meters, Water Connected
Sewer:

Septic Tank
Water Source:

Public

Appliances

Appliances:

Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Water Softener Owned

Schools

Elementary School:

R.b. Hunt
Elementary School District:

None
Middle Or Junior School:

Sebastian
Middle Or Junior School District:

None
High School:

St. Augustine

The Community

Subdivision Name:

Davis Shores
Senior Community:

false
Pool Private:

No
Pool Features:

None
Waterfront:

false
Waterfront Features:

None
Water Body Name:

None
Pets Allowed:

None
Association:

false

Parking

Garage:

true
Garage Spaces:

2.0
Attached Garage:

true
Carport:

false
Parking Total:

6.0
Parking Features:

Additional Parking, Assigned, Attached, On Street, RV Access/Parking

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/19/24 Oct 19, 2024	Listed / Active	NEFMLS	$1,200,000	67.2% (49.9% / YR)
6/15/23 Jun 15, 2023		NEFMLS	$717,500	-8.0%
4/28/23 Apr 28, 2023		NEFMLS	$779,900

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This multifamily located in South Davis Shores, St. Augustine, FL 32080 is currently for sale for $1,200,000. 50 Magnolia Drive is a 1,990 square foot multifamily with 4 beds and 3 baths that has been on Estately for 64 days. 50 Magnolia Drive is in the South Davis Shores neighborhood of St. Augustine and has a WalkScore® of 57, making it somewhat walkable.

Listing Courtesy of: NEFMLS and KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE.

Based on information from the NORTHEAST FLORIDA MLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. NEFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. NEFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.