Active

62 CUNA Street

St Augustine FL, 32084

$2,500,000


$570.65 per sqft

Active

4,381 sqft

Commercial

Built in 1900

Explore a lucrative income-producing opportunity with the Pomar House, a meticulously renovated property nestled in the heart of St. Augustine's historic downtown district. This investment gem seamlessly blends historical charm with modern amenities, promising not just a piece of history but a thriving income stream. The Pomar House, formerly a historic landmark, has been transformed into a versatile mixed-use commercial property. Boasting four short-term vacation rentals on the second floor, this property serves as a prime hub for tourism in the nation's oldest city. The four rental units, including three thoughtfully designed studio spaces and a spacious two-bedroom haven, are meticulously crafted for maximum comfort. Each unit features private, fully equipped kitchenettes and luxurious full bathrooms, ensuring an exceptional experience for guests. The two-bedroom unit adds to the allure with a spacious balcony, offering a unique and enticing perspective of the bustling Cuna Street below. Beyond the allure of its architecture, the Pomar House is strategically positioned to capitalize on St. Augustine's robust tourism industry. Just a short stroll away from the vibrant St. George Street, this property provides unparalleled access to the city's countless shops, restaurants, and historic attractions. The location ensures a consistent flow of visitors, making the Pomar House an ideal income-generating asset. Complementing the short-term vacation rentals are two commercial spaces on the first floor, presenting an opportunity for entrepreneurs to tap into the dynamic local business scene. St. Augustine's tourism, deeply woven into the city's fabric, guarantees a steady stream of potential customers. Investing in the Pomar House means not just owning a piece of St. Augustine's history but also securing a robust income-producing property. Take advantage of the city's vibrant tourism and let the Pomar House be your gateway to a thriving investment in the heart of this historic destination.

1236223

MLS ID

July 7, 2023

Listed

April 29, 2024

Updated

Map

62 CUNA Street
St Augustine FL, 32084

Interior Features

Total Stories

2


Floor Description

Wood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central, Electric, Zoned

Exterior/Building Features

Lot Features

Historic Area


Roof

Shingle

Other Property Details

Area Name

322-Downtown St Augustine


Garage

No


View

No


County

St. Johns


Pool

No


Buyer Agency Compensation

1.25%

Listing History

Date

Event

Price

4/28/2024

Price Change

$2,500,000

-8%

4/2/2024

Price Change

$2,700,000

-4%

3/11/2024

Price Change

$2,800,000

-6%

10/3/2023

Price Change

$2,950,000

-5%

Courtesy of BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Jean Pickett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by NEFMLS.

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Data last updated 12:11 AM UTC, 4/29/2024

 

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