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DAVIS SHORES 6 APARTMENT COMPLEX



101 Arpieka Avenue
St Augustine, FL 32084
MLS Number: 176777
Property Status: Sold
Property Type: Recently Sold
Price: $595,000
Year Built: 1930
Bedrooms: 6
Bathrooms: 6
Lot Size: .16 ac.
Living Area: 4,620 acres
Property Features: Fireplace, Garage, Rental potential



Contact Irene
Cell: 904.669.0691


Description:

Dating back from the boom period of the 1920s, 101 Arpieka Ave is one of the twelve Mediterranean Revivals built by Mr Davis for whom Davis Shores is named. Classic architectural elements and details remain intact in each of the 6 apartments. In the same hands for almost 40 years, it’s time for someone with new vision to carry this complex to a next level, taking advantage of its singular style, excellent location and generous units. Long-term, short-term or a mix – you decide what makes sense.

Presently used as long-term rentals, zoning permits a 7-day lease period so you can factor that into your number crunching. With hollow tile construction and a stucco finish like the 11 sister homes built by Davis, this apartment building has been in use for 88 years and looking forward to the future. At its age there is work to be done to improve the structure while bringing systems up-to-date to meet today’s standards of living but it’s a worthy endeavor for such a classic building in a much desired neighborhood.

Each unit is presently heated/cooled with window units and kitchens include ranges and refrigerators. All 6 apartments have 2 points of entry and at present all parking is on the street as owner maintains use of garage. Individually metered for electricity, there is one water meter for the entire building.

Located on the corner of Arpieka and Gerado, it’s three short blocks to the Bridge of Lions and then you’re in the heart of downtown, but don’t forget to explore Anastasia Blvd which is brimming with a bevy of new and favorite eateries, beer gardens, shops and music venues – all easy to reach on foot or bike.

Irene Arriola Real Estate, Inc.
81 King Street, Suite B Saint Augustine, FL 32084
Email: [email protected] | Office phone: 904.829.2002
Cell phone: 904.669.0691 | Fax: 904.829.2029