Pomar House 62 Cuna St

Investment Highlights

Heavy daytime foot traffic right in the heart of the Oldest City Approximately 100 feet for St George Street & other favorite tourist attractions

Executive Summary

This wonderful, Florida investment opportunity comes with a historic address and background in the heart of St. Augustine?s downtown Historic District. Landmarked as the Pomar House, this property was taken down to its studs and turned into a beautifully renovated mixed-use commercial property by the current owner. Pomar House showcases four short-term vacation rentals on the second floor and two commercial spaces on the first floor. The vacation rentals consist of three studio units and one two-bedroom unit. Each rental unit has its own private, fully equipped kitchenette and full bathroom. The two-bedroom unit boasts a large balcony, beckoning its guests to relax within the sights and sounds of Cuna Street above the action. Every square-inch of this property has been updated and retouched with fine detail. In addition, nothing was missed regarding the interior furnishings for the short-term rentals. This property is just a short stroll (360 ft.) to dozens of shops and restaurants on St. George Street, as well as many other historic attractions around the nation?s oldest city. Please contact listing agents to schedule an appointment. NDA will need to be signed prior to showings and/or disclosure of any documents. Only qualified buyers, please. All fixtures and furniture located in the short-term rental units and all bookings in place for the short-term units are included.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Fast Food General Retail Freestanding General Retail Restaurant Storefront Retail/Residential
• Building Size    4,277
• Building Class    B
• Year Built/Renovated    1900/2022
• Price    2,500,000
• Price Per SF    585
• Percent Leased    50
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    0.58
• Land Acres    0.17 AC

• 24 Hour Access
• Fenced Lot
• Signage
• Tenant Controlled HVAC
• Air Conditioning
• Balcony