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64 Carrera Street

St Augustine, FL 32084

5 beds
4 baths
6,534 sqft
6,534 sqft lot
$190 per sqft
1920 build
– on site

**BACK ON THE MARKET!** This is your second chance to own a historic, fully renovated multi-family gem in St. Augustine, now featuring a **BRAND NEW METAL ROOF** on both the main house and Carrera Cottage! Priced at $1,245,000—well below its appraised value—this property offers exceptional short- and long-term rental income potential. The main house boasts 2 bedrooms, 2 baths, while the Carrera Cottage features two private-entry 1-bed, 1-bath apartments with outdoor spaces. Enjoy the tranquil Carrera Courtyard, smart home features, and ample parking. Located near Flagler College and downtown, it's perfectly positioned to benefit from St. Augustine's thriving tourism market, including popular events like Nights of Lights. Projected rental income ranges from $96,000-$120,000 for short-term and $69,600-$81,600 for long-term leases. This is an outstanding investment and a rare opportunity—schedule your showing today! house offers bright, airy interiors with luxury vinyl plank flooring, updated kitchens, and bathrooms. At the heart of the property, the Carrera Courtyard provides a serene retreat with a fire pit and seating nestled beneath mature oaks, making it perfect for entertaining or unwinding. Modern smart home features, including automated thermostats and solar outdoor lighting, add convenience and appeal, while the new limestone driveway provides ample parking for residents and guests. Located within walking distance of Flagler College and downtown St. Augustine, this property is ideally situated to capitalize on the area's thriving tourism market, especially during events like Nights of Lights. With short-term rental projections of $96,000-$120,000 annually and long-term rental potential of $69,600-$81,600 annually, this property delivers incredible value and versatility for both investors and owner-occupants. Don't miss this rare chance to own a piece of St. Augustine's history while reaping the rewards of a turnkey, income-producing property. Schedule your showing today!

Listing courtesy of NEFMLS / ONE SOTHEBY'S INTERNATIONAL REALTY

Last checked: Checking… • Last updated Jan 9, 2025 •

MLS# 2036041 —

The Building

Year Built:

1920
New Construction:

false
Construction Materials:

Fiber Cement, Wood Siding
Development Status:

None
Architectural Style:

None
Roof:

Metal
Stories Total:

2
Stories:

1
Levels:

Two
Basement:

None
Foundation Details:

None
Exterior Features:

Balcony, Courtyard, Fire Pit
Building Features:

None
Window Features:

None
Patio And Porch Features:

None
Security Features:

Fire Alarm, Security Lights, Smoke Detector(s)
Building Name:

None
Building Area Total:

6534.0

Interior

Rooms Total:

None
Furnished:

Unfurnished
Interior Features:

None
Flooring:

Vinyl
Fireplace:

No
Laundry Features:

In Unit, Lower Level, Upper Level

Room Dimensions

Living Area:

2065.0
Living Area Units:

None
Living Area Source:

Estimated

Financial & Terms

Possession:

Close Of Escrow

Location

Directions:

From I-95, take FL-16 EAST, Turn RIGHT onto Ponce De Leon Blvd., Turn LEFT onto Carrera St., Property will be on the LEFT.
Cross Street:

None
Latitude:

29.894416
Longitude:

-81.320446

The Property

Parcel Number:

2040300000
Property Type:

Residential Income
Property Subtype:

Multi Family
Property Condition:

None
Property Attached:

No
Zoning:

None
Zoning Description:

Multi Family
Lot Features:

Irregular Lot
Lot Size Acres:

0.15
Lot Size SqFt:

6534.0
Lot Size Dimensions:

70 x 90
Lot Size Area:

0.15
Lot Size Units:

Acres
Current Use:

Multi-Family, Residential
Possible Use:

None
Topography:

None
View:

Trees/Woods
Fencing:

Back Yard, Privacy, Wood
Other Structures:

Shed(s)
Additional Parcels:

No
Additional Parcels Description:

None
Road Frontage Type:

City Street
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Legal Description:

2-39 MODEL LAND CO SUB CITY LOT 3 BLK E OR3160/324
Tax Annual Amount:

7504.52

Beds

Bedrooms Total:

5

Baths

Total Baths:

4.0
Total Baths:

4
Full Baths:

4
Three Quarter Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Virtual Tour URL Unbranded:

https://mls.ricoh360.com/7ba4342d-29ce-4d5f-80c9-625aa5a27d23

Heating & Cooling

Heating:

Central, Electric, Separate Meters
Heating:

true
Cooling:

true
Cooling:

Central Air, Electric, Multi Units, Separate Meters, Split System, Varies by Unit

Utilities

Utilities:

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

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Refrigerator, Washer, Washer/Dryer Stacked

Schools

Elementary School:

Ketterlinus
Elementary School District:

None
Middle Or Junior School:

Sebastian
Middle Or Junior School District:

None
High School:

St. Augustine

The Community

Subdivision Name:

Model Land Comp
Senior Community:

false
Pool Private:

No
Waterfront:

false
Waterfront Features:

None
Water Body Name:

None
Pets Allowed:

None
Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Total:

5.0
Parking Features:

Additional Parking, Detached, On Street

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
12/19/24 Dec 19, 2024	Price Changed	NEFMLS	$1,245,000	5.1%
12/5/24 Dec 5, 2024	Listed / Active	NEFMLS	$1,185,000
11/10/24 Nov 10, 2024	Sold Subject To Contingencies	NEFMLS	$1,185,000

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This multifamily located in Flagler's Model Land, St. Augustine, FL 32084 is currently for sale for $1,245,000. 64 Carrera Street is a 6,534 square foot multifamily with 5 beds and 4 baths that has been on Estately for 176 days. 64 Carrera Street is in the Flagler's Model Land neighborhood of St. Augustine and has a WalkScore® of 78, making it very walkable.

Listing Courtesy of: NEFMLS and ONE SOTHEBY'S INTERNATIONAL REALTY.

Based on information from the NORTHEAST FLORIDA MLS 2025. 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.