$1,250,000
62 1/2 VALENCIA Street, St. Augustine, FL 32084, St. Augustine, FL 32084
Model Land Comp
- Price
- $1,250,000
- Beds / Baths
- 5 / 3
- Living area
- 2,335 sqft
- Year built
- 1950
- Type
- MultiFamily
- Lot
- 0.25 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- St. Johns
- Days on market
- 300
- Elementary
- Ketterlinus
- Middle
- Sebastian
- High school
- St. Augustine
Own a piece of St. Augustine charm with this well-maintained triplex located just steps from Flagler College and the heart of downtown. Perfectly situated for investors or owner-occupants, this income-producing property features three separate apartments with private entrances and paved off-street parking for all residents. Two of the apartments each offer 2 bedrooms and 1 bathroom, while the third unit is a 1 bedroom, 1 bathroom. The current owner occupies one of the 2-bedroom units, another is vacant and ready for a new tenant or owner, and the 1-bedroom apartment is rented month-to-month. This turn-key property has been carefully maintained over the years, with a newer roof (approximately 2 years old) and thoughtful updates throughout. Two apartments share an on-site laundry area, while one unit includes its own washer and dryer. The ground-level garage/storage area provides added convenience and includes a full bathroom—offering flexibility for future use. A shared covered patio creates an inviting outdoor space, perfect for relaxing or entertaining. Located within walking distance of restaurants, shops, and the historic district, this property offers both immediate income potential and long-term value in one of Florida's most desirable coastal markets.
What to check on this one
- Verify roof age documentation—listing claims ~2 years old, confirm with roofer invoice or permit
- Obtain flood zone determination from FEMA or St. Johns County—unknown status requires clarification
- Request elevation certificate if property is in AE or VE flood zone
- Verify all three units' lease agreements, tenant history, and rent roll for income verification
- Inspect plumbing for polybutylene or cast-iron given 1950 build year—replacement cost impact
- Confirm property tax assessment breakdown and any recent reassessments post-renovation
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $1,000,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of IHEART REALTY INC. Data via realMLS (Northeast Florida MLS), updated Nov 6, 2025, 8:11 PM.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.