227 Riberia StreetSt. Augustine, FL 32084Sale Price: $670,000

Turn key vacation rental! Everything included. Sweet T's is a newly Constructed Generation home in Lincolnville - Old Town St. Augustine. Take advantage of walking to all the restaurants, historic places, nightlife, attractions and festivals. A mile to Bayfront and Marina. Zoned RG1 which allows nightly rentals, currently used as an Airbnb. Only a year old, raised foundation stem wall. 2+ off street parking. Metal track Hurricane shutters. Smooth walls/8' doors - 9' ceilings vaulted. Hurricane & noise cancelling windows on front. City water/Sewer & Water Softener. Custom vanities. High end appliances including a wine cooler. Cozy, tiled, screened porch. Fully fenced backyard with paver patio Landscape lighting and Gas firepit & outside shower. Wired for a future hot tub. All 5 Star Reviews - check the listing. https://abnb.me/rh88aJry3ub Comments from the owner: Sweet T's has only been open since first of January. Sweet T Gross Revenue through 10/31/22 $29500 Airbnb $16900 VRBO $2400 Lodgify $48,800 Sweet T Bookings through 11/01/22-12/31/22 $10,870 Airbnb and VRBO Total Gross $59,670 Occupancy 58.6% Average nightly $278 Had a slower summer than expected, coming to find out that our Calendars were not syncing correctly due to a glitch in Lodgify. Ended up with a lot of blocked dates in June and July that were actually open. Average Monthly Expenses Power $100 Water/Sewer $100 Internet $100 Property Taxes $650 Supplies $150 Insurance $125 House keeping $600 Misc $50 Again, this was year one. We are at just the beginning of the rental growth chart. We have been in the STR business for 10 years and know that it's in years 2-4 that we start maximizing income. There's definitely potential to grow revenue in 2023. Why am I selling? I'm 65 and retiring the first in January 2023. We would like to be able to travel and explore other opportunities.