$675,000

Description of 7905 Colee Cove Road, St. Augustine - MLS# 2158454

* MULTIPLE OFFERS! HIGHEST & BEST BY SUNDAY 8/9 AT 5PM!!!! Rare St. Johns River Investment Opportunity! Discover the incredible potential of this direct riverfront property offering nearly 100 feet of frontage on the St. Johns River and just over 3/4 of an acre beneath a breathtaking canopy of majestic oak trees draped in Spanish moss. Opportunities like this rarely become available in such a prime waterfront location. The property features a concrete block main home with 4 bedrooms and 3 bathrooms, plus a detached guest suite complete with its own kitchen, bedroom, living area, and private entrance--ideal for multigenerational living, guests, rental income, or a home office. Outdoor enthusiasts and investors alike will appreciate the private dock, boat lift, newer bulkhead, and nearly 100 feet of deep-water river frontage, making this a true boater's and fisherman's paradise. Enjoy spectacular sunsets and panoramic, unobstructed water views from nearly every corner of the property. Adding even more value is the 18' x 32' detached garage/workshop, providing ample space for boat storage, hobbies, equipment, or future projects. A rare and highly desirable bonus, the existing boathouse/guest suite is grandfathered in under previous regulations, offering an opportunity that would be difficult--if not impossible--to recreate under today's restrictions. This unique feature adds exceptional long-term value and enhances the property's waterfront lifestyle and investment appeal. Whether you're looking to renovate the existing homes, create a private riverfront estate, develop an income-producing property, or build your dream waterfront home, the possibilities are endless. Riverfront properties with this combination of acreage, improvements, guest accommodations, and waterfront amenities are exceptionally rare. Conveniently located with endless potential, this property is being sold AS-IS. Don't miss your chance to own one of the most unique investment opportunities on the St. Johns River.

Listing Map