See Home Value
$909,000
● House - Off Market

58 SARAGOSSA Street

St. Augustine, FL 32084
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,536 Ft²
$5,722
Est. Monthly
0.68%
Cap Rate

About This Property

Best investment opportunity in the Historic City.

Once the Memorial Lutheran Church, this awe-inspiring property with RG-1 Zoning (nightly rentals allowed) is currently a single family home that is divided into two distinct areas: The Church and The Annex.

Built between 1918 and 1930, the redesign of this architecturally significant structure maintains its original context and character. With distinctive pointed windows and a flat steeple, the open living concept is taken to the next level. The entryway leads to a great room with soaring cathedral ceilings, original woodwork details and gracefully-aged hardwood floors. The loft bedroom was once the gallery housing the church bells and music. The annex building, a separate concrete block suite, feels like an urban pied-a-terre with courtyard and beautifully designed new landscape. The home is nestled in the Model Land Company's well-defined neighborhood immediately west of the St. Augustine National Historic Landmark

District. This area represents the finest collection of nineteenth and twentieth century Flagler-era buildings in St. Augustine.

Recently updated in 2022 with brand new metal roof, upgraded plumbing and electric and more, this income-producing property is operating as a successful nightly short term rental. Don't miss the opportunity to become the new custodian of this notable historic treasure in Historic St. Augustine, FL.

The possibilities are endless for this Landmark Historic Church, with the flexibility to convert into two separate highly successful short-term rentals or reconfigure for multigenerational living. Nothing compares.
Unit Size
2,536 Ft²
Days on Market
1 days
Land Size
0.08 acres
Price per sqft
$375
Property Type
House
Property Taxes
$1,057
HOA Dues
-
Year Built
1918

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Last updated: 8 months ago (Real MLS #2019350)

Price History

Date / Event Date Event Price
Nov 5, 2024 Sold
Sold
Nov 4, 2024 In contract -
In contract
Nov 2, 2024 No longer available -
No longer available
Oct 3, 2024 In contract -
In contract
Sep 21, 2024 Relisted $950,000
Relisted
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 14
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,484
  • Lot Size Depth Feet: 670
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,536
  • Gross Building Area: 2,536
  • Building Area: 2,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MODEL LAND CO.S SUBDIVISION OF A PART OF
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 2-44 MODEL LAND CO SUB CITY LOT 11 BLK A (EX N68FT) AKA S1/2 OF LOT 11 BLK A OR5539/878 & 880(P/R)

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020400

Geography

  • Assessors Map Reference: 162D
  • Parcel: 203670-0000
  • Block: A
  • Lot: 11
  • Municipality: CITY OF ST AUGUSTINE
  • Latitude: 29.8958
  • Longitude: -81.3194

    Address

  • Full Address: 58 Saragossa St
  • Address - House Number: 58
  • Address - Street Name: Saragossa
  • Address - Suffix Type: St
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: C016
  • 4-Digit Zip Code: 3549
  • Zip Code: 32084

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,268,029
  • Tax Rate Code Area: 452

    Appraisal Valuation

  • Standard Deviation: 0.0724
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 95
  • Final Value: 1,038,474
  • High Value: 1,113,705
  • Low Value: 963,243

    Market Valuation

  • Market Total Value: $661,482
  • Market Land Value: $169,400
  • Market Improvement Value: $492,082

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $661,482
  • Assessed Land Value: $169,400
  • Assessed Improvements Value: $492,082
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Flagler's Model Land


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Frequently Asked Questions

When was property at 58 Saragossa Street built and last sold?
The property at 58 Saragossa Street was built in 1918 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 58 Saragossa Street is $0.
What are some comparable homes to 58 Saragossa Street?
There are currently no comparable homes to 58 Saragossa Street.