72 VALENCIA Street, St. Augustine, FL 32084 (MLS# 1183739)

72 VALENCIA Street, St. Augustine, FL 32084

$1,475,000
Property Type: Residential Income Bedrooms: 4 Baths: 4 Square Footage: 4,146 Status: Closed
Current Price: $1,475,000 List Date: 7/29/2022 Last Modified: 2/17/2025

Description

Check out this prime property built in 1890 in the heart of downtown St. Augustine located within the Model Land Company Historic District. You will fall in love with the charm and beauty of the surrounding neighborhood with its brick paved roads, mature trees, stately homes, bed & breakfasts, small local businesses, churches, schools and Flagler College. This property, The Welch House, is zoned RG-1 which allows for multiple use options including single family, multi-family, short term rentals, bed & breakfast, etc. Additionally, with the RG-1 zoning, the property is also eligible for a few commercial uses by exception such as professional office, office studio and hotel/motel. The Welch House contains 3 distinct units each with its own HVAC and private entrances.

Supplements: The property is situated on a large lot with gorgeous front yard accompanied by a very peaceful side yard and patio for relaxing. The fireplace is decorative only. There is a 2-car garage plus an additional 7 parking spaces (total of 9 parking locations) on the property. Most recently, the property was utilized as a dental office, owner's residence and a guest house cottage. Originally, the Model Land Company (MLC) was created by Henry Flagler in 1896 to oversee his real estate holdings in Florida. He conveyed title to approximately 37 acres north and west of the famed Ponce De Leon Hotel in 1903. From that point in time and covering several decades thereafter, a wide variety of home styles were built which eventually became the Model Land Company Historic District we know today. At that time, most streets within this area were brick-paved streets with decorative brick sidewalks. Today there are still sections of streets with the original street and sidewalk materials, such as Valencia and Sevilla. This historic neighborhood is bounded by Cordova, King, Orange and Malaga Streets and consists of private residences, bed & breakfasts, small businesses, churches and schools.

More Information MLS# 1183739

Contract Information

Current Price: $1,475,000 Sold Price: $1,475,000 Status: Closed Listing Contract Date: 2022-07-29 Property Sub Type: Triplex

Location Tax and Legal

Street Number: 72 Street Name: VALENCIA Street Suffix: Street County: St. Johns State: FL Postal Code: 32084 Subdivision Name: Model Land Comp MLS Area Major: 322-Downtown St Augustine

General Property Information

Bedrooms Total: 4 Bathrooms Total: 4 Bathrooms Full: 4 Living Area: 4146 Living Area Source: Public Records Year Built: 1890 Garage Spaces: 2 Pool Private YN: No Water Body Access YN: No Waterfront YN: No Directions: US Hwy 1 to King St then turn on Malaga St to Valencia St Public Remarks: Check out this prime property built in 1890 in the heart of downtown St. Augustine located within the Model Land Company Historic District. You will fall in love with the charm and beauty of the surrounding neighborhood with its brick paved roads, mature trees, stately homes, bed & breakfasts, small local businesses, churches, schools and Flagler College. This property, The Welch House, is zoned RG-1 which allows for multiple use options including single family, multi-family, short term rentals, bed & breakfast, etc. Additionally, with the RG-1 zoning, the property is also eligible for a few commercial uses by exception such as professional office, office studio and hotel/motel. The Welch House contains 3 distinct units each with its own HVAC and private entrances. List Price/SqFt: 410.03 Sold Price/SqFt: 355.76

Status Change Information

Major Change Timestamp: 2022-12-18T16:19:12Z Major Change Type: Status Change Purchase Contract Date: 2022-10-31 Close Date: 2022-12-16 Close Price: 1475000

Fireplace Features

Fireplaces Total: 1

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Utilities-Common Water: Y, Utilities-Common Hot Water: Y, Lot Location-Downtown: Y, Present Rental Terms: .25 to .5 Acre, One Bedroom Rentals: Entry Hall / Foyer,2nd Story-Bonus Room Only,Laundry/Utility (inside),Storage Room,Library/Office,Family Room Public Historical Remarks 2: Utilities-Common Sewer: Y, Utilities-Common Electric: Y Public Historical Remarks 3: Intermediate School: Other, Current Zoning: N

Property Features

Appliances: Dishwasher; Microwave; Refrigerator Association Amenities: Laundry Construction Materials: Frame Heating: Central; Electric Listing Terms: Cash; Conventional Parking Features: Guest; Other Possession: Negotiable Road Surface Type: Asphalt Roof: Metal Sewer: Public Sewer Water Source: Public
Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Last Updated: February - 17 - 2025
Information deemed reliable but not guaranteed.