$1,475,000
$1,699,999
13.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
4,146 SqFt
SOLD DATE : 12/16/2022
Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,146 sqft
Price per Sqft $355
Subdivision Model Land Comp
MLS Listing ID 1183739
Sold Date 12/16/22
Bedrooms 4
Full Baths 4
HOA Y/N Yes
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1890
Property Description
Check out this prime property built in 1890 in the heart of downtown St. Augustine located within the Model Land Company Historic District. You will fall in love with the charm and beauty of the surrounding neighborhood with its brick paved roads, mature trees, stately homes, bed & breakfasts, small local businesses, churches, schools and Flagler College. This property, The Welch House, is zoned RG-1 which allows for multiple use options including single family, multi-family, short term rentals, bed & breakfast, etc. Additionally, with the RG-1 zoning, the property is also eligible for a few commercial uses by exception such as professional office, office studio and hotel/motel.
The Welch House contains 3 distinct units each with its own HVAC and private entrances. The property is situated on a large lot with gorgeous front yard accompanied by a very peaceful side yard and patio for relaxing. The fireplace is decorative only. There is a 2-car garage plus an additional 7 parking spaces (total of 9 parking locations) on the property. Most recently, the property was utilized as a dental office, owner's residence and a guest house cottage.
Originally, the Model Land Company (MLC) was created by Henry Flagler in 1896 to oversee his real estate holdings in Florida. He conveyed title to approximately 37 acres north and west of the famed Ponce De Leon Hotel in 1903. From that point in time and covering several decades thereafter, a wide variety of home styles were built which eventually became the Model Land Company Historic District we know today. At that time, most streets within this area were brick-paved streets with decorative brick sidewalks. Today there are still sections of streets with the original street and sidewalk materials, such as Valencia and Sevilla. This historic neighborhood is bounded by Cordova, King, Orange and Malaga Streets and consists of private residences, bed & breakfasts, small businesses, churches and schools.
Location
State FL
County St. Johns
Community Model Land Comp
Area 322-Downtown St Augustine
Direction US Hwy 1 to King St then turn on Malaga St to Valencia St
Interior
Heating Central, Electric
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Guest
Garage Spaces 2.0
Amenities Available Laundry
Roof Type Metal
Total Parking Spaces 2
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Ketterlinus
Middle Schools Sebastian
High Schools St. Augustine
Others
Tax ID 2047800000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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