Mixed-Use Quadplex with
5961 A1A South St Augustine, FL 32080
5961 A1A South, St Augustine, FL, 32080
$1,099,000
For Sale
$1,099,000
A fully occupied mixed-use quadplex with two leased office suites and two furnished residential units above.
Property Size4,320 SF
Lot Size0.43 Acres
Price / SF$254.40
Days on Market1866
Property Features for 5961 A1A South
General Information
- Standard status
- Active
- Size
- 4,320 SF
- Lot size
- 0.43 Acres
- Property subtype
- Multifamily / Quadplex
Building Details
- Year Built
- 2007
Listing agency
Coldwell Banker Premier Properties
(904) 814-2080
Listed by
Richard O'Brien
(904) 814-2080
Source
Compass
Added: Jun 12, 2021 Updated: Jul 20 at 10:07PM Checked: Jul 21 at 8:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Premier Properties
Investment Insights
Based on property information with market context.
This fully occupied mixed-use quadplex includes two office spaces on the first floor and two residential units on the second floor. The offices are in very good condition and feature ADA-compliant bathrooms and ramps, and the suites are fully leased; the layout allows for internal connection. The second-floor residences are each configured as 3-bedroom, 2-bath units and are offered fully furnished with full kitchens and appliances.
The property is located in the Crescent Beach area of St. Augustine and spans two parcels in a double-deep configuration. It is accessed via a concrete driveway and parking area that includes handicapped spots, and it benefits from good visibility from A1A. The property is in flood zone AE and is zoned Neighborhood Commercial.
Built in 2007, the quadplex provides a combined office-and-residential income stream on-site, with beach proximity described as a short walk from the property.
The property is located in the Crescent Beach area of St. Augustine and spans two parcels in a double-deep configuration. It is accessed via a concrete driveway and parking area that includes handicapped spots, and it benefits from good visibility from A1A. The property is in flood zone AE and is zoned Neighborhood Commercial.
Built in 2007, the quadplex provides a combined office-and-residential income stream on-site, with beach proximity described as a short walk from the property.
Key Highlights
- Built in 2007, this fully occupied mixed‑use quadplex features 2 leased office suites and 2 furnished residential units.
- First floor: two office spaces, each 1,080 SF, with ADA‑compliant bathrooms and ramps (can be internally connected).
- Second floor: two residential units, each 3BR/2BA and 1,080 SF, fully furnished with kitchens and appliances.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.7k | $24.00 |
| − Vacancy | −$23.0k | −$5.33 |
| EGI | $80.7k | $18.67 |
| − OpEx | −$20.2k | −$4.67 |
| NOI | $60.5k | $14.00 |
4,320 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$864.2K
$756.2K – $1.01M
NOI $60,497 @ 7.0% cap · market cap 5.50%
Second Best
Multifamily LT 5
$546.9K
$478.5K – $638.0K
NOI $38,281 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,663 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - A fully occupied mixed-use quadplex with two leased office suites and two furnished residential units above.
Where is this quadplex located?
The property is located at 5961 A1A South St Augustine, FL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Built in 2007, this fully occupied mixed‑use quadplex features 2 leased office suites and 2 furnished residential units.; First floor: two office spaces, each 1,080 SF, with ADA‑compliant bathrooms and ramps (can be internally connected).; Second floor: two residential units, each 3BR/2BA and 1,080 SF, fully furnished with kitchens and appliances.
