• Top 5 Short-Term Rental Condo Communities in St. Johns County, Florida

    Top 5 Short-Term Rental Condo Communities in St. Johns County, Florida,ADMIN

    Situated in Northeastern Florida, St. Johns County is home to some of the country's most beautiful beaches and year-round warm weather. It's no surprise that guests from all over the world flock to St. Johns County to vacation, which means that for residents who split their time between Florida and other destinations, finding a condo community that allows for short-term rentals is ideal. Residents can enjoy their home when they're in town and earn a little bit of extra income when they're away, offering guests a warm and welcoming place to stay while they make the most of the area's white sandy beaches and sparkling waters. Pier Point South Pier Point South is a community of beachfront condos located directly along the Atlantic Ocean. Condo owners can rent their units out on a weekly or monthly basis, and guests will inevitably be drawn to the community's expansive pool and exclusive beach access, all the while staying only a few minutes away from St. Augustine's historic downtown district. What sets Pier Point South apart is its prime location adjacent to the St. Augustine Beach Fishing Pier and Park. This vibrant area hosts a variety of weekly events, including a bustling farmer's market where visitors can sample local produce, artisanal goods, and fresh seafood. The pier itself is a popular spot for fishing enthusiasts and those seeking panoramic ocean views. Condominiums at Pier Point South are approximately 1,100 square feet and are priced between the mid $600s and mid $700s, making any of these units an excellent investment property and home away from home. Sea Place Sea Place is a beloved jewel of St. Johns County, known for providing residents and guests with glorious oceanfront views and easy access to white sandy beaches. The community is made up of 78 two and three-bedroom condos, which vary in size between 1,100 and 1,300 square feet. Residents or their short-term guests simply have to step outside to visit one of the most gorgeous beaches in all of St. Augustine. Sea Place offers a wealth of amenities that include not one, but two community pools, private tennis courts, and private racquetball courts. These amenities create a resort-like atmosphere, perfect for both relaxation and active lifestyles. The dual pool setup is particularly appealing, with one pool offering a serene environment for lap swimming and quiet relaxation, while the other is ideal for families and more social gatherings. Sea Place permits short-term rentals, and interested home buyers should anticipate prices that start in the mid $500s and go up based on the view and size of the unit. Captain's Quarters Captain's Quarters is a peaceful, oceanfront condo community that delivers a welcoming feeling that immediately makes you feel at home. Located only a short distance from St. Augustine's historic downtown district, Captain's Quarters offers residents and their guests breathtaking views of the sun rising over the Atlantic Ocean. The proximity to downtown St. Augustine is a major draw, allowing visitors to easily explore the rich history, diverse dining options, and unique shopping experiences of America's oldest city. Residents are welcome to use their condo for short-term rentals when they are away, and thanks to each unit's private balcony, the proximity to the beach, and community pool with covered cabanas, rentals are likely to book up quickly. When guests rent a condo at Captain's Quarters, they are welcome to utilize the community's assigned parking spaces, elevators, shopping carts, and luggage carts, ensuring a convenient and comfortable stay. Barefoot Trace One of the most alluring aspects of Barefoot Trace is that each and every unit in this condo community offers guests oceanfront views. This unique feature ensures that every resident and visitor can wake up to the sight and sound of the Atlantic Ocean, creating an unparalleled coastal living experience. Barefoot Trace is located only steps away from the stunning Crescent Beach by way of two private walkways, and community amenities include a large heated pool, community room with pool table, splash fountain designed for kids, fitness room, and outdoor courts for shuffleboard and tennis. The heated pool is particularly appealing, allowing for year-round swimming even during the cooler months. St. Augustine's downtown district is only a short drive away, ensuring that residents and short-term guests can enjoy the city's rich history and exciting nightlife. Home prices at Barefoot Trace vary between the mid $300s and high $600s, offering options for a range of budgets. Quail Hollow Quail Hollow is a gated condo community made up of over one hundred two and three-bedroom units. The neighborhood's convenient location ensures that residents and visitors can quickly and easily head into St. Augustine's historic downtown district or splash in the waves along the Florida shores. Condos at Quail Hollow provide stunning views of the beach as well as private beach access, and the community is pet-friendly. This pet-friendly policy is a significant advantage for animal lovers who want to bring their furry friends on vacation or for residents who don't want to leave their pets behind when traveling. Though it may be impossible to spend an entire day away from the beach, residents can also take advantage of the Quail Hollow community pool. The gated nature of the community adds an extra layer of security and exclusivity, making it an attractive option for those seeking a safe and private environment. Home prices begin in the high $300s and go up to the low $600s, offering a range of options for potential buyers. Each of these communities offers a unique blend of amenities, locations, and price points, catering to the diverse needs of both part-time residents and vacationers in St. Johns County. Whether you're seeking a personal retreat or an investment opportunity, the short-term rental condo market in this beautiful Florida destination provides an array of appealing options.

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  • California Investor Acquires Rosselle Properties in Riverside for $7.2M

    California Investor Acquires Rosselle Properties in Riverside for $7.2M,Josh Cotton

    Rosselle Properties LLC of Atlanta sold the 4.3-acre former Miller Electric Co. headquarters in Riverside for $7.2 million on May 22. The buyer, represented by ProEquity Asset Management Corp. in El Dorado Hills, California, secured an almost $4 million mortgage from Five Star Bank of Rancho Cordova, California. Coldwell Banker Premier Properties agents Eric Maimo, Adam Lanteigne, and Bob Buckmaster, facilitated the transaction, which was a 1031 exchange investment allowing deferred capital gains taxes. The property, fully leased to long-term tenants, attracted ProEquity for its strategic location near Interstates 10 and 95. Rosselle Properties, led by Atlanta investor Paul Mayberry, had acquired the land from MECO Rosselle REI LLC in 2022 for $5.85 million. The site, comprising 58,188 square feet of office and warehouse space, includes properties at 2200, 2230, 2256, 2251, 2310, and 2342 Rosselle St. It features tenants like Sciens Building Solutions and the National Youth Advocate Program. ProEquity's Tyler Sheldon highlighted Jacksonville's favorable real estate dynamics and confirmed this as their first investment in the city. The Jacksonville City Council rezoned the property in 2022 to a Planned Unit Development (PUD), accommodating commercial, retail, residential, and industrial uses to support existing businesses. Miller Electric had pursued the rezoning to unify land use across the parcels, facilitating future development and operational flexibility.

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