Description
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. A major tenant, Modern Rose has been secured with a 5-year lease with a potential for an additional 5 years on the 1st floor. While the 2nd floor boasts 4 short-term vacation rentals. 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. 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.
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School Ratings & Info
Description
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. A major tenant, Modern Rose has been secured with a 5-year lease with a potential for an additional 5 years on the 1st floor. While the 2nd floor boasts 4 short-term vacation rentals. 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. 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.
© 2024 St. Augustine & St. Johns County Board of Realtors. 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 believed to be accurate but not guaranteed by the MLS or Zach DiFilippo | Coldwell Banker Premier Properties. Data last updated 2024-10-14T09:30:55.13.