**BACK ON THE MARKET!** This is your second chance to own a historic, fully renovated multi-family gem in St. Augustine, now featuring a **BRAND NEW METAL ROOF** on both the main house and Carrera Cottage! Priced at $1,245,000—well below its appraised value—this property offers exceptional short- and long-term rental income potential. The main house boasts 2 bedrooms, 2 baths, while the Carrera Cottage features two private-entry 1-bed, 1-bath apartments with outdoor spaces. Enjoy the tranquil Carrera Courtyard, smart home features, and ample parking. Located near Flagler College and downtown, it’s perfectly positioned to benefit from St. Augustine’s thriving tourism market, including popular events like Nights of Lights. Projected rental income ranges from $96,000-$120,000 for short-term and $69,600-$81,600 for long-term leases. This is an outstanding investment and a rare opportunity—schedule your showing today! house offers bright, airy interiors with luxury vinyl plank flooring, updated kitchens, and bathrooms. At the heart of the property, the Carrera Courtyard provides a serene retreat with a fire pit and seating nestled beneath mature oaks, making it perfect for entertaining or unwinding. Modern smart home features, including automated thermostats and solar outdoor lighting, add convenience and appeal, while the new limestone driveway provides ample parking for residents and guests. Located within walking distance of Flagler College and downtown St. Augustine, this property is ideally situated to capitalize on the area’s thriving tourism market, especially during events like Nights of Lights. With short-term rental projections of $96,000-$120,000 annually and long-term rental potential of $69,600-$81,600 annually, this property delivers incredible value and versatility for both investors and owner-occupants. Don’t miss this rare chance to own a piece of St. Augustine’s history while reaping the rewards of a turnkey, income-producing property. Schedule your showing today!