Owner Financing Available! Step into the charm of historic Davis Shores, where opportunity awaits on this sprawling nearly 3/4 acre parcel, 2.5 lots. Nestled within this enormous lot lies a 1958 concrete block home boasting timeless character with 2 bedrooms, 1 bath and hardwood floors. On the second lot, 72 Coquina Ave is a 2-car garage with a 2 bed/1 bath apartment above it, both of these are currently yielding a rental income of $3175 a month. Beyond its income potential, the true gem lies in the land itself, offering ample space for visionary development. Picture the possibility of crafting not just one, but potentially multiple new residences, capitalizing on the prime location and ample space for extra parking and expansive homes. Davis Shores has favorable short-term rental regulations allowing for a minimum 7 night stay, ideal for maximizing short term rental income. Stay informed with detailed capacity regulations outlined in documents provided by the City of St. Augustine.
