3125 Coastal Hwy

3125 Coastal Highway offers a rare opportunity to invest in the vibrant coastal community of Vilano Beach, FL. Spanning 0.82 acres, this property is steps from the beach and minutes from historic downtown St. Augustine. Currently featuring an income-producing triplex with gross annual rental income exceeding $86,000, this property is primed for redevelopment, offering multiple pathways to unlock its potential and capitalize on Northeast Florida’s thriving market. Its desirable location ensures strong demand for both rental and luxury housing options.
The property’s Residential-C Coastal designation and RG-1 zoning provide flexibility for redevelopment. Options include retaining the triplex as a legal nonconforming use while subdividing the land for two single-family homes or pursuing rezoning to build two additional triplexes. Another option allows for replacing trailer pads with modern tiny homes for cost-effective rental income. Lastly, the triplex could be converted into a luxury single-family home alongside two newly built high-end beach residences, catering to Vilano Beach’s premium market demand.
Whether you’re seeking steady rental income, high-end home sales, or a combination of both, 3125 Coastal Highway offers a versatile canvas for visionary development. Its prime location, existing income, and proximity to world-class amenities make this property a premier investment opportunity in one of Florida’s most dynamic and desirable markets.