Osprey Circle

For Sale

Osprey Circle, St. Augustine, FL 32086

This St. Augustine property for sale is located at Osprey Circle. The current listed sale price for Osprey Circle is $2,500,000. Osprey Circle is situated on a lot that is 1.2 acre in size.

Contacts

broker
Marcos Peres

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 6,480 SF
  • Units 12
  • Lot Size 1.2 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1984
  • Year Renovated 2023
  • Date Updated Sep 11, 2024
Heading East on S Winterhawk Dr, turn North onto Osprey Circle, the property will be on the rightOsprey Circle Portfolio is a 12-unit multifamily property located in St. Augustine, FL near Jacksonville, FL. They consist of three adjacent single-story quads. All units have identical one-bedroom floor plans and individual washer/dryer connections. These units have been well-maintained and have all been upgraded as recent as 2023. This presents the opportunity for an investor to capitalize on a portfolio that requires minimal property improvements, management efficiencies, and/or increasing the quality of tenants. capturing significant rental upside in a submarket with average asking rents of $1,780 (CoStar – Oct. 2023). The properties are conveniently located 14 minutes from St. Augustine's historic downtown and entertainment district (7.5 miles). It is also 16 minutes away from St. Augustine Beach (9.4 miles) and 33 minutes from the Nocatee master-planned community, which is ranked as the No. 1 place to raise a family in Florida by Niche.com. Major nearby retailers include Publix Supermarket (1.4 miles), CVS Pharmacy (2.6 miles), Home Depot (5.5 miles), Walmart Supercenter (4.4 miles), and Starbucks (5.8 miles). Osprey Circle Portfolio represents an attractive investment opportunity in a prime location with strong demographics, proximity to key economic drivers, and convenient access to retail and shopping options.
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Highlights

  • Osprey Circle Portfolio is comprised of 12 renovated one bed/one bath units in three quad buildings.
  • Nine of the twelve AC units are 2020 or NEWER.
  • Age of the roofs are 2012, 2015, & 2017.
  • Electrical Panels are 2000, 2022, 2022.
  • All units fully rented with rents of $1,100 - $1,550. Average rent $1,312.50/unit, with the opportunity for upside
  • Seller is willing to help carry $350,000 of the $750,000 (30%) DP at an 8% interest rate, 5-year term and balloon due in 5 years, with 2nd lien position and personal guarantee (pending upon credit approval).

Getting around

  • 3/100

    Walk Score ®

  • 31/100

    Bike Score ®

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Location

  • City St. Augustine, FL
  • Neighborhood Wildwood Creek
  • Zip Code 32086
  • Market Jacksonville

Points of Interest

  • RaceTrac

    1.70 miles

  • BP

    1.92 miles

  • Mobil

    2.30 miles

  • Speedway

    2.72 miles

  • Circle K

    3.50 miles

  • Citgo

    4.45 miles

  • Gate

    4.55 miles

  • Valero

    4.55 miles

  • Tesla Supercharger

    5.75 miles

  • ChargePoint

    8.31 miles

  • Mango Mango's

    5.14 miles

  • Public Parking

    5.14 miles

  • Oldest House Parking Lot

    5.38 miles

  • Flagler College Parking Garage

    5.42 miles

  • NPS Lot 1

    5.84 miles

  • NPS Lot 5

    5.86 miles

  • Historic Downtown Parking Facility

    5.91 miles

  • Mission of Nombre de Dios Parking

    6.32 miles

  • Quality Inn Elkton - Saint Augustine South

    2.10 miles

  • America's Best Value Inn Ocean Inn

    4.54 miles

  • Ocean Reef

    4.73 miles

  • Quality Inn & Suites

    4.77 miles

  • Saint Augustine Island Inn & Suites

    4.83 miles

  • Sea Place

    4.91 miles

  • Holiday Isle Beachfront Resort

    5.03 miles

  • La Fiesta Ocean Inn & Suites

    5.04 miles

  • TRYP by Wyndham Sebastian Saint Augustine

    5.15 miles

  • Courtyard Saint Augustine Beach

    5.20 miles

  • Publix

    1.35 miles

  • Save-A-Lot

    2.75 miles

  • Walmart Supercenter

    2.98 miles

  • Sears

    3.16 miles

  • Belk

    3.26 miles

  • Bealls

    3.43 miles

  • Marshalls

    3.78 miles

  • Ross

    3.83 miles

  • Bealls Outlet

    3.87 miles

  • ALDI

    3.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Marcos Peres

eXp Commercial