Downtown St. Augustine Triplex — Income Potential in the Heart of the Nation’s Oldest City

If you’ve ever dreamed of owning property in historic downtown St. Augustine, opportunities like this don’t come around often. 62 ½ Valencia Street is a beautifully maintained triplex offering both charm and income potential—just steps from Flagler College, the Lightner Museum, and some of the city’s best restaurants and shops.

This turn-key property includes three separate apartments: two with 2 bedrooms and 1 bathroom each, and one with 1 bedroom and 1 bathroom. Each unit has private access, and all residents enjoy the convenience of paved off-street parking, a rare find in this part of town.

The current owner has cared for the property diligently over the years, including a newer roof installed just two years ago. Inside, you’ll find that each unit has been thoughtfully maintained, providing a comfortable blend of historic charm and modern convenience. Two apartments share a dedicated laundry area, while one unit has its own washer and dryer.

Downstairs, a garage and storage area adds flexible utility and even includes a full bathroom. A shared covered patio creates a welcoming space for residents to relax and enjoy the Florida lifestyle.

Whether you’re an investor seeking reliable rental income or an owner-occupant looking to live in one unit while renting the others, this property offers flexibility and long-term value. The current owner used one of the 2-bedroom units as a private getaway during winter months—perfect for snowbirds who love St. Augustine’s year-round charm.

From the brick-lined streets to the scenic waterfront just a short walk away, this location captures the essence of St. Augustine living—historic, walkable, and full of character.