Description of 616 Knotted Birch Avenue, St. Augustine - MLS# 2169053
What if your next home paid you before you ever moved in? A rare year-end investment opportunity in Reverie at Silverleaf, a gated 55+ community! Ideal for buyers exploring a 1031 exchange, this income-producing model home offers an existing builder lease and over $80,000 in builder upgrades before the lot premium! The Charlotte floor plan features 2 bedrooms, 2.5 baths, a flex room, gourmet kitchen, custom designer trim work, statement ceilings, and an extended garage. Situated on an oversized, pie-shaped cul-de-sac homesite with an extended covered lanai and distinctive outdoor fireplace. Enjoy resort-style amenities, a golf simulator, and no CDD fees! Secure a one-of-a-kind home today, collect rental income during the lease, and explore your options when the builder is finished with it. Contact your agent for lease and investment details! Some homes are built to live in. Others are designed to make an impression. 616 Knotted Birch Avenue does both! Located in Reverie at Silverleaf, a gated 55+ community, this extensively upgraded Charlotte floor plan with the premium Low Country elevation offers 2,029 square feet, 2 bedrooms, 2.5 bathrooms, and a versatile flex room. With over $80,000 in builder upgrades before the lot premium, this professionally designed model home offers finishes and details that would be difficult, time-consuming, and costly to recreate today. Custom trim work, designer wallpaper, statement ceilings, decorative wood inlays, upgraded lighting, and carefully selected finishes create a distinctive interior. The gourmet kitchen features upgraded gas appliances, premium cabinetry, an extended island, quartz countertops, and designer details throughout. Tray ceilings in the foyer, great room, and primary suite, extended ceiling heights, upgraded flooring, custom tile work, and an expansive sliding glass door add to the home's appeal. The primary bathroom features upgraded tile surrounds, a shower bench, and a recessed niche. Additional upgrades include an extended garage with finished flooring, permanent exterior lighting, additional floodlights, gutters, laundry room cabinetry and sink, and an upgraded powder bath. The homesite is equally impressive! Situated on an oversized, pie-shaped cul-de-sac lot, this property offers additional outdoor space compared to many standard homesites. The extended covered lanai, paver finishes, partially fenced yard, and distinctive outdoor fireplace create an exceptional setting for entertaining. Reverie at Silverleaf offers resort-style amenities, including gated entry, a resident clubhouse, fitness center, swimming pool, spa, golf simulator, six pickleball courts, bocce ball, cornhole, indoor and outdoor gathering spaces, and an event lawn. Conveniently located near the new Publix at Silverleaf, restaurants, shopping, and major roadways. No CDD fees! The investment opportunity: This property is currently leased as a model home by the builder, offering established rental income while the builder continues using the property. Once the builder completes its use of the home, it is required to return the property to livable residential condition in accordance with the lease terms. Buyers have the opportunity to secure a highly upgraded property now, collect income during the remaining lease term, and explore their options when the builder is finished with it. For buyers considering a 1031 exchange before year-end, this property offers an opportunity to acquire an income-producing residence with an existing tenant in place. Exchange eligibility and timing depend on individual tax circumstances. Why start from scratch with new construction when this extraordinary home already offers premium finishes, an exceptional homesite, and income while you wait? Contact your agent for lease details, investment information, and the complete upgrade package.
