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120 AVENIDA MENENDEZ, St. Augustine, FL
$4,100,000
Property Type:
Commercial Sale
Square Footage:
15,314
Status:
Closed
Current Price:
$4,100,000
List Date:
2/03/2016
Last Modified:
12/28/2024
Overview
Description
Listing Details MLS# 811850
General Property Information
- Number Of Units Total
- 31
- Building Area Total
- 15314
- Year Built
- 1959
- Water Body Access YN
- No
- Waterfront YN
- Yes
- Stories Total
- 2
- Directions
- From Bridge of Lions go South on Avenida Menendez, property is on right across from City Yacht Harbor.
- Public Remarks
- Investors and business owners, this exceptional piece of property has been owned and operated by the same owners for over 43 years! This traditional motel built in 1959, offers sweeping water views of the Matanzas River (Intra-Coastal Waterway) opening to the Atlantic Ocean and is located in historic downtown St. Augustine! 31 rooms, in ground pool and private parking is just the beginning and all just one block from the downtown center. February 5th, 2015 article Money Spent on Lodging Hits All Time High! INCREASE OF 9.9% OVER THE PAST YEAR!
- List Price/SqFt
- 280.79
- Sold Price/SqFt
- 267.73
Property Features
Building Features:
Pool
Construction Materials:
Concrete
Cooling:
Window Unit(s)
Current Use:
Commercial; Hotel/Motel
Electric:
220 Volts
Listing Terms:
Cash; Conventional
Lot Features:
Irregular Lot
Parking Features:
Guest; Parking Lot
Possession:
Subject To Tenant Rights
Roof:
Shingle
Sewer:
Public Sewer
Utilities:
Cable Connected
Water Source:
Public
Waterfront Features:
Intracoastal; Navigable Water; Ocean Front; River Front
Contract Information
- Listing Contract Date
- 2016-02-03
- Property Sub Type
- Mixed Use
Location Tax and Legal
- Street Number
- 120
- Street Name
- AVENIDA MENENDEZ
- County
- St. Johns
- State
- FL
- MLS Area Major
- 322-Downtown St Augustine
Status Change Information
- Major Change Timestamp
- 2016-07-08T19:35:13Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2016-04-22
- Close Date
- 2016-07-08
- Close Price
- 4100000
Historical Information
- Public Historical Remarks 1
- Road Surface: Asphalt Road, Lot Location-Downtown: Y, Possible Financing-1031 Exchange: Y, Approx. Total SqFt: 19643.00, Number of Units: 21 - 50 Units
- Public Historical Remarks 2
- Number of Buildings: 1 Building, Ceiling Height: 8' - 10' Ceilings
- Public Historical Remarks 3
- Current Zoning: Hotel/Motel
More Information
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 1983900000
- Additional Parcels Description
- Zoning Parcel B: HP2
Construction Materials
- Concrete
- Yes
Cooling
- Window Unit(s)
- Yes
Current Use
- Commercial
- Yes
- Hotel/Motel
- Yes
Electric
- 220 Volts
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Irregular Lot
- Yes
Parking Features
- Guest
- Yes
- Parking Lot
- Yes
Possession
- Subject To Tenant Rights
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Cable Connected
- Yes
Water Source
- Public
- Yes
Building Features
- Pool
- Yes
Waterfront Features
- Intracoastal
- Yes
- Navigable Water
- Yes
- Ocean Front
- Yes
- River Front
- Yes
Listing Office:
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: December - 28 - 2024
Information deemed reliable but not guaranteed.