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$989,000

Beds
4
Baths
3.0
sq ft
2,028

213 Palmetto Ave, Saint Augustine, FL 32084

213 Palmetto Ave

St Augustine, FL 32084

  • 3 days on market
Welcome to 213 Palmetto Avenue, a rare gem nestled in the heart of Vilano Beach, Florida! This completely remodeled duplex offers an exceptional investment opportunity, boasting high occupancy rates and consistent cash flow. Located just a block from the Atlantic Ocean, with direct beach access at the end of the street, the property epitomizes coastal living at its finest. With modern design elements throughout the home, each unit has an open floor concept equipped with quartz countertops, luxury vinyl flooring, custom tile showers and baths. Unit A is 3 beds, 2 baths and Unit B is a 1 bed, 1 bath. The expansive corner lot provides ample outdoor space with plenty of room to entertain and relax after a day at the beach paired with jacuzzis for each unit. Not to mention an unbeatable location just moments from the Vilano town center, historic downtown St. Augustine, and a short walk to the Surfside tennis courts and public park. The property has a proven track record as a high-occupancy rental attracting short-term vacationers. Don't miss this exceptional opportunity to own a beautifully remodeled duplex in one of Florida's most sought-after beach communities. Whether you're looking for a lucrative investment or a serene coastal retreat, 213 Palmetto Avenue offers the best of both worlds. With its complete remodel and offered fully furnished with a reasonable offer, the property is ideal and turn-key for investors seeking rental income, or homeowners desiring a primary residence with the option to lease the additional unit. Whether you're looking for a lucrative investment or a serene coastal retreat, 213 Palmetto Avenue offers the best of both worlds. Don't miss this exceptional opportunity to own a beautifully remodeled duplex in one of Florida's most sought-after beach communities.

Details

Property type

Single Family Residence

Est. home value

$660,271

Lot size

9,583.2 sq ft

Price per sq ft

$488

Year built

1968

Annual property taxes

$6,330.7

Price History

03/05/2025
RealMLS

RealMLS #2073812

Listed
$989,000
-1%
12/30/2024
RealMLS

RealMLS #2035051

Removed
$998,995
12/02/2024
RealMLS

RealMLS #2035051

Price change
$998,995
-0.1%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$465,781
Asking price
$989,000
Closing costs (~8% of asking)
-$79,120
Est. remaining loan balance
-$444,099
Cash to seller
$465,781

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2023

Original loan amount

$450,000

Est. remaining balance

$444,099

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Alexis Cosio

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/08/2025 at 8:20 PM

Listing updated: 03/05/2025 at 3:31 PM

Listed by: LUKE NEWCOMER, THE NEWCOMER GROUP Phone #: (904) 599-5633

MLS: RealMLS #2073812

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