154 Avenida Menendez, St Augustine, FL
154 Avenida Menendez, St Augustine, FL 32084 - Reminiscent of a coastal New England home, this Historic District bayfront residence has been loved by the same family for decades. With a provenance dating back to the late 1880s, this house could tell some tales indeed. Starting its life one lot to the north, it was moved to its present location in the 1920s for Adjutant General J C R Foster with an addition built shortly after. Sadly Hurricane Matthew visited in October 2016 and the house suffered water intrusion hence the gutted interior. It's time for someone with vision and energy to make this 19th century 2 1/2-story home sparkle with new life. Zoning permits multifamily use (minimum rental of 30 days) so that's one option as the present layout w/over 2,600SF works well as a duplex with one apartment down and the other up or side by side. Ideal for multi-generational living, there's room for everyone and family and friends will line up to visit. It's a major project because almost everything is needed, including updates to wiring, plumbing, replacement of heat and air systems and this only after you and the architect create a floorplan that suits your lifestyle so kitchen(s) and baths can be designed. Know that if you choose to take on an historic interior renovation (this is optional) there are some attractive tax exemptions you could receive so let's talk about them. Exterior changes are governed by Historic District rules and there are a handful of local architects who can help navigate the way. With a front and center downtown location and panoramic Intracoastal view, this diamond in the rough is an enticing proposition for those who can see and taste the finished product. Much of the city's smorgasbord of cultural, culinary and architectural delights are sprinkled all around you within easy walking distance so you can partake of them all and be sitting on your porch within minutes to plan your next exploration. This property can only be purchased for cash because it is not financeable conventionally.
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Listing Courtesy of Century 21 Saltwater Property Group
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