Beachside investment opportunity just steps from the ocean with private beach access via a dedicated walkover. This Old Florida-style property sits on a beautiful wooded lot and offers strong income potential, flexible living, and value-add upside. The upstairs unit features a 2-bedroom, 1-bath layout with 1,015 SF, a spacious deck, and a wood-burning fireplace, perfect for a primary residence, vacation home, or coastal retreat. Downstairs (not included in main SF), a separate 1-bedroom, 1-bath apartment offers 1,008 SF with a private entrance and screened-in porch, ideal for short-term rental (Airbnb/VRBO), long-term rental, or guest suite. Live upstairs and generate rental income below, a proven house-hack strategy in high-demand beach markets. The oversized wooded lot provides privacy and space for a future pool or outdoor entertaining area, adding further value to the beach house. Walk to local restaurants, cafes, and beach access while staying minutes from historic downtown St. Augustine, shopping, and top coastal attractions. Priced $20,000 below appraised value, this fixer-upper presents a rare opportunity for investors, short-term rental operators, or buyers looking to build equity in a prime beachside location.
Listed By
Agency Name: One Sothebys Int (A1A Beach)
Agency Phone: 904-474-4189
Shown By
Agency Title: Realty Exchange
Agency Phone: 304-523-2225
Estimated Payment
$ 1,336.27 per month $1,057.14 Principal & Interest $140.58 Property Tax $138.54 Homeowner's Insurance
6433 Madison Street | MLS# 261639
This home located at 6433 Madison Street, Saint Augustine Beach, FL 32080 is currently listed for sale with an asking price of $475,000. This property was built in 1948 and has 2 bedrooms and 1 full baths with 1015 sq. ft. Madison Street is located in the Ocean Grove subdivision. Search Ocean Grove real estate on www.realty-ex.com today.