Super Chic by the Beach
$297,500 | 3 Bd | 2.5 Ba | 1496 Sq Ft in St Augustine Beach
Schedule your tour today. Click the chat button or call Jorge SobenesDesmé 904.351.8398
This contemporary two story home tucked away in the middle of St Augustine Beach is a fully furnished & generously stocked turnkey vacation rental with seven times consecutive Airbnb superhost status & always 5 star rated. VERY FLEXIBLE USE OPTIONS: For example, the period from Jan-April 2017/18 averaged 37.5% occupancy & Gross Income (GI) of $8,708.63. In 2019 the same period yielded 72.5%* occupancy & $13,354.66* in GI. How much you host family and friends, or generate income, is completely up to you.
The home holds 1 of only 100 Transient Lodging Facility (TLF) licences ever to be issued by the city of St Augustine Beach. There are over 50 addresses currently on the waiting list but, according to the city, in a transfer of property ownership on an already licensed home, new owners would be able to apply immediately for a TLF license to replace the existing one¹. The HOA has no special restrictions on vacation rentals.
The open floor plan and 9ft ceilings give the home a spacious and airy feel, while the insulated windows and glass doors saturate every room with light year round. The blonde laminate wood floors downstairs and high quality commercial grade carpet installed 2 years ago upstairs make cleaning a breeze. The small waterway next to the backyard makes herons, ducks and turtles frequent welcome visitors. As you walk in, you’re greeted by a custom made lounging couch that could sleep two, a 1930’s upright piano and, throughout the house, a curated mix of antique, vintage, mid-century and modern accessories, all included in the sale. Professionally decorated with eclectic artistic aesthetic, fully stocked and prepared to accommodate a wide variety of guest’s needs, this home is a favorite for visitors year round.
The exterior was fully covered with Behr premium elastomeric paint in 2017 and the property has been meticulously maintained by its one owner since it’s construction in 2007. The driveway leading to the one car garage was expanded in 2017 and offers off-street parking for an additional 3 cars. The house is ideally located a short bike ride from the beach, nestled between coffee shops, popular restaurants, and great shopping. It offers the best of Florida living to you and your guests!
*Based on Airbnb revenue after FL sales tax from completed stays and current bookings. Detailed financial figures available on request.
¹Please verify all licensing requirements with the proper State, County and City governments.
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FAQ
Most frequent questions and answers
The house started accepting reservations in January 2017. Revenue and Expense figures below:
2017 – Gross Revenue: $26,878. Nights booked: 170. Labor Cost (Cleaning): $3,415. Bills/Supplies/HOA fees: $3,772. Local Tax: $1,075. Insurance: $930. Property Taxes: $1,919. Resulting 2017 Net Operating Income: $15,766.
2018 – Gross Revenue: $25,275. Nights booked: 140. Labor Cost (Cleaning): $3,370. Bills/Supplies/HOA fees: $3,730. Local Tax: $1,011. Insurance: $930. Property Taxes: $3,441. Resulting Net Operating Income: $12,794.
2019 – January to April only: Gross Revenue: $13,355. Nights booked: 87. Labor Cost (Cleaning): $1,640. Bills/Supplies/HOA fees: $1,120. Local Tax: $534. Partial Insurance: $310. Partial Property Taxes: $1,147. Resulting Net Operating Income: $8,604.
The house, lot, fixtures, furniture and rental accessories including a fully stocked kitchen and linen closets, etc, along with all upcoming bookings as of the closing date. Reservations will continue to be taken through closing. A complete inventory of furnishings, electronics, appliances and accessories included in the sale is available upon request.
Easy living with low maintenance in a quiet neighborhood with minimal traffic just a few minutes’ bike ride from the beach, shopping, fishing, water sports and great restaurants. With over 6 million visitors to St Augustine each year, I get to decide how much I host family and friends, or enjoy personal getaways vs how much I make on rentals.”