50 Magnolia Dr, St Augustine, FL 32080

This charming island triplex, a combination of a duplex and a single-family unit, is situated in a peaceful, tree-lined neighborhood near A1A. The property features mature landscaping and offers income opportunities. The duplex contains two mirrored 1-bedroom, 1-bath units, each approximately 567 square feet, with hardwood floors, wood ceilings and walls, tile showers, and private laundry/storage rooms. The single-family unit above the garage has 2 bedrooms and 1 bath, encompassing around 858 square feet, with similar finishes and potential for additional living space. The ground floor of the single-family unit is open, suitable for creating an additional unit, workshop, or oversized garage. Each unit has separate utilities. The property has been completely remodeled, including full kitchens, bathrooms, new paint, floor resurfacing, electrical and plumbing upgrades, new air conditioning units, a new roof, and new doors. Old insulation was removed and new insulation installed, including spray insulation under the floor. High-end appliances and bathroom fixtures, including a large soaking tub and bidet, have been installed. A new laundry room and outside pavers have been added. A large shop is newly plumbed and wired, including 220V service. Two newer septic systems service all units. The island location is high and dry, eliminating the need for flood insurance. The property is located minutes from Historic Downtown and St. George Street, within walking distance of the Lighthouse and local restaurants and shops, and less than 3 miles from the beach. It is also a short distance from Anastasia State Park. The property generates over $6,000 a month in rental income.