Park Place Apartments

1590 Masters Drive Units 1-8 Saint Augustine, FL 32084

1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084
1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,300,000
Last Verified:
Feb 15, 2024

Highlights

  • LOCATED WITHIN THE CITY LIMITS OF ST. AUGUSTINE!!
  • 6.25% CAP RATE!!
  • ALLOWS FOR SHORT TERM RENTALS!!

Description

Discover a lucrative investment opportunity in St. Augustine with this four-duplex property, now available for sale. Boasting full occupancy and a desirable location, this investment promises excellent returns. With the potential to adjust lease rates to match current market trends, investors can maximize their profits.

Recently renovated to feature brand new flooring, countertops, fixtures, and more, this property offers a fresh, modern appeal. Don't miss out on the chance to capitalize on this perfect investment for multi-family property enthusiasts!

Located on the corner of Cervantes Avenue and Masters Drive in St. Augustine near the San Sebastian River.


Year Built: 2006
Building Size: 9064sq ft
Lot Size: 1.83 acres


Documents

1590 Masters Dr - Brochure

Map of 1590 Masters Drive Units 1-8, Saint Augustine, FL, 32084

Presented by:
Coldwell Banker Premier Properties

Request additional information
Eric Maimo


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.