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50 Magnolia Dr, Unit 50 A, 50 B, Saint Augustine, FL 32080

$1,144,000

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Property Description

FOR SALE: Charming Island Triplex â?? Ideal Income-Producing Property in Prime Location, Generating over 6k a month in rental income. An Island property full of potential and charm. This triplexâ??a unique combination of a duplex and a single-family unitâ??is nestled in a peaceful, tree-lined neighborhood just two streets off scenic A1A. Surrounded by mature landscaping, this property offers excellent income opportunities and a fantastic location. Property Overview: Duplex: Two mirrored 1 Bed / 1 Bath units (~567 sq ft each) Features: Hardwood floors, wood ceilings and walls, tile showers, private laundry/storage rooms Single-Family Unit (above garage): 2 Bed / 1 Bath (~858 sq ft) Same charming finishes with potential to add more living space Bonus Space: The entire ground floor of the single-family unit is wide openâ??perfect for creating into an additional unit, workshop, or use as oversized garage. Key Features: Complete remodel from top to bottom in all 3 units including full kitchens, bathrooms, new paint, floor resurfacing, electrical, plumbing, New A/cs, new Roof, New doors, 48- Old insulation was removed and New insulation installed. Spray insulation under the floor, High end appliances. High end bathroom including large soaking tub, bidet, and high end tile. Completely new Laundry room, Outside pavers. Each unit has separate utilities. Huge shop newly plumbed and electrical ran including 220, (if you wanted to create even more income or leave it as a shop) Separate power and water meters for each unit Two newer septic systems servicing all units High and dry island locationâ??No Flood Ins. needed!- rare for this area! Excellent rental income potential Location Highlights: Minutes to Historic Downtown / St. George Street Walk to the Lighthouse 10 minutes to Anastasia State Park Walk to local restaurants, shops, and explore charming historic neighborhoods Less than 3 miles to the beach! This is your chance to own a truly versatile property in one of the most sought-after parts of the island. Whether youre looking to invest, live in one unit and rent the others, or renovate and expandâ??this triplex offers endless possibilities. Call today to schedule a private tour!

50 Magnolia Dr, Unit 50 A, 50 B | MLS# 255604

This multi-family property located at 50 Magnolia Dr, Unit 50 A, 50 B, Saint Augustine, FL 32080 is currently listed for sale with an asking price of $1,144,000. Search Saint Augustine real estate on tlbrearey.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Other Air
Heating: Other Heat
Lot Size: 5,663
Taxes: $10,091
Year Built: 1950

Feature Descriptions

Days on Site: 1
Dock: No
Exterior: Concrete Block, Frame
Features: Garage, Parking
Homestead Exemption: Yes
Lot Dimensions: 5663
Parcel #: 157570-0010
Sewer: Septic
Water: City

Listed By / Shown By

Listed By

Agency Name: Sunshine Realty & Vacation Rentals, LLC
Agency Phone: 904-471-9259

Shown By

Agent Name: Terri Lynn Brearey
Agent Phone: (386) 566-2282
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 6,691.12 per month $5,516.54 Principal & Interest $840.92 Property Tax $333.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 03/31/2026. The listing information on this page last changed on 03/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/31/2026 2:27:39 AM EST) or GAMLS (last updated Mon 03/30/2026 11:14:57 PM EST) or Stellar MLS (last updated Tue 03/31/2026 1:58:55 AM EST) or SPC MLS (last updated Mon 03/30/2026 11:20:19 PM EST) or Martin MLS (last updated Mon 03/30/2026 11:38:23 PM EST) or Indian River MLS (last updated Mon 03/30/2026 11:30:19 PM EST) or Daytona MLS (last updated Mon 03/30/2026 11:36:43 PM EST) or Northeast Florida MLS (last updated Tue 03/31/2026 12:18:41 AM EST) or Beaches MLS (last updated Tue 03/31/2026 2:25:42 AM EST) or BORMLS (last updated Mon 03/30/2026 11:15:08 PM EST) or Golden Isles MLS (last updated Mon 03/30/2026 11:26:34 PM EST) or Amelia/Nassau MLS (last updated Mon 03/30/2026 11:25:13 PM EST) or Dixie Gilchrist Levy MLS (last updated Mon 03/30/2026 11:42:15 PM EST) or NFLMLS (last updated Mon 03/30/2026 9:05:03 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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