St Augustine - Beach Property For Sale #7531588

OFFERED AT AUCTION. Disregard List Price - Auction is on! Asking Price = Opening Bid !! Incredible investment or multi-generational opportunity located at 280 Majorca Drive. This unique single-family residence is cleverly designed with two separate living areas, each featuring a 2BR/1Bathconfiguration (totaling 4 bedrooms and 2 bathrooms). The property located just four houses off the intercoastal and the added benefit of no HOA fees,allowing for maximum flexibility and usage of the lot. This property boasts an impeccable rental history and has been fully occupied during this owners tenure,consistently producing $60k gross income annually. With annual taxes of $6,257.22, this property is being sold ''As-Is'' through an auction process, offering a streamlined path to ownership with a 30-day close. Pre-auction offers considered. Auction & Property Details Configuration: Two independent 2BR/1Bathliving units. Terms: 10% Buyer Premium, As-Is Sale, 30-Day Close