Description of 5330 Pelican Way, St Augustine - MLS# 1253168
SEE VIDEO under 'Facts & Features' & 'Virtual Tour'. Welcome to ''Castillo del Sol''- A Unique Duplex Retreat with Unmatched Potential. With two fully renovated units, each offering 2 master bedrooms, a living room, and a well-appointed kitchen, this property invites you to embrace beachside living. It's being sold fully furnished, making it a turnkey solution for those seeking a dreamy getaway or a lucrative investment opportunity. Take your lifestyle to new heights as you step onto the sprawling rooftop deck, which spans over 1,000 sq ft, and immerse yourself in the awe-inspiring beauty of the ocean. Equipped with a pergola and a bathroom, this space is designed for unforgettable sunsets and elegant entertaining.
''Castillo del Sol'' is brimming with modern amenities, including a newer roof, HVA system, plumbing, and hurricane windows and sliders. The property's outdoor space is a haven for relaxation and recreation, featuring a putting green and lush landscaping. New patio lighting and improved staircase lighting enhance the ambiance. With dehumidification units on each floor, comfort is paramount. This duplex boasts a projected income potential of $110,000 to $130,000 per year, making it an attractive investment opportunity. For those with grand visions, you have the option to expand your earnings by purchasing the adjoining vacant lot at 5331 Atlantic View , spanning 4,800 sq ft at a combined price of $1,999,000. (See MLS # 1253167). Situated at an elevation of approximately 26 feet above sea level, this lot opens doors to endless possibilities. Whether you seek an income-generating gem or a private beachside haven, this duplex offers the perfect canvas for your dreams. Don't miss your chance to experience coastal living at its finest!
