5 Best Properties That Offer The Hottest Deals This May

May is an exciting time in the real estate market. With spring in full swing, buyers and sellers are actively looking for the best opportunities. This month, we’ve identified the top five properties that offer the hottest deals. Whether you're looking for a historic home, suburban retreat, condo, beachfront property, or a fixer-upper, timing is crucial in securing these great deals.

What Makes a Deal 'Hot' in Today’s Market?

A hot deal in the real estate market typically means a property that offers excellent value for its price. Factors like location, potential for future appreciation, and current market conditions all play a role. This May, the market has seen a mix of stable interest rates and high buyer demand, leading to competitive prices and valuable deals.

Property 1: The Historic Property (71 Marine St.)

Located in the heart of St. Augustine’s historic district, 71 Marine Street offers a unique blend of old-world charm and modern amenities. 

Price: $2,799,000
Bedroom/s: 3
Bathroom/s: 3
Size: 3,267 sq. ft.

Why It's a Good Deal:

This charming home in St. Augustine, Florida, is located in the city's historic downtown district, reflecting the rich history of America's oldest city, founded in 1565. Upon entering, you'll find a space filled with elegance and luxurious details. The foyer features a grand entry door from France, dating back 300 years, made from Wormy Chestnut wood with original hardware and wrought iron gridwork. Flagstone floors, coquina walls, and antique beamed ceilings add to the historic charm. The main hall includes a classic half bath with a High-Tank Toilet and a Copper sink on a custom vanity. The living room is a cozy retreat with an oversized gas fireplace.

Property 2: Suburban Area Property (61 Sandstone Dr.)

61 Sandstone Drive is perfect for those seeking a family-friendly environment in a suburban setting. This property is located in a quiet residential neighborhood known for its excellent schools and community amenities. 

Price: $549,000
Bedroom/s: 4
Bathroom/s: 3
Size: 2,466 sq. ft.

Why It's a Good Deal:

This pristine home in the coveted Treaty Oaks community combines convenience and elegance. It is located near shopping, historic downtown, and offers an easy commute to Jacksonville or Daytona via I-95. This residence features higher ceilings thanks to an extra row of blocks added during construction by the original owners. The spacious interior includes a bonus room ideal for a home office or versatile flex space. The gourmet kitchen, complete with new stainless steel appliances, is perfect for both family meals and entertaining. The master suite provides a serene retreat with its ensuite bathroom and generous closet space, while the fourth bedroom functions as an in-law suite with its own private bath.

Property 3: Condo Property (129 Sea Grove Main St.)

For those who prefer condo living, 129 Sea Grove Main Street offers a fantastic option with minimal maintenance. 

Price: $639,900
Bedroom/s: 3
Bathroom/s: 2
Size: 2,210 sq. ft.

Why It's a Good Deal:

This spacious single-level residence combines luxury and comfort seamlessly. The guest wing includes two bedrooms, a full bath, a laundry room, and access to a private balcony with lush green views. The master suite is a peaceful retreat with a custom walk-in closet and an ensuite bath featuring a walk-in shower, soaking tub, and dual vanities. The expansive living area is perfect for entertaining, complete with a custom stacked stone fireplace, crown molding, and a chef's kitchen with granite countertops, a stylish backsplash, soft-close cabinets, and a dining nook. Relax on the screened lanai, set to be freshly painted in May 2024, and enjoy the island breeze.

Property 4: Beachfront Property (254 Barrataria Dr.)

Beach lovers will be thrilled with 254 Barrataria Drive, a stunning beachfront property that offers unparalleled views and access to the ocean. 

Price: $3,500,000
Bedroom/s: 5
Bathroom/s: 3
Size: 4,538 sq. ft.

Why It's a Good Deal:

Discover unparalleled serenity and luxury with this magnificent waterfront estate, ideally located where the Matanzas Inlet, Atlantic Ocean, and Intracoastal Waterway meet. This custom-designed property offers a daily escape reminiscent of a five-star resort, capturing the essence of natural beauty at every turn. Enjoy sweeping views across the merging waters, perfect for boating, fishing, and relaxing on your private beach. Tailored for those who demand the finest in life, this private retreat seamlessly blends elegance and tranquility. Soaring ceilings and expansive living and dining areas all offer picturesque water views, providing a panoramic backdrop of beauty and peace.

Property 5: Fixer-upper Property (134 Washington St.)

For buyers looking to invest in a property with potential, 134 Washington Street is a fantastic fixer-upper opportunity. 

Price: $750,500
Bedroom/s: 5
Bathroom/s: 2
Size: 3,143 sq. ft.

Why It's a Good Deal:

This historic 1925 home in the sought-after Lincolnville neighborhood is full of potential. Currently set up as two separate residences, it can easily be transformed back into a single-family home. Whether you choose to live in one side and rent out the other or capitalize on the AirBnB-friendly status for extra income, the options are plentiful. he left side of the house boasts three bedrooms, a family room, dining room, and kitchen. Meanwhile, the right side includes a large family room with a fireplace, a bright dining room with a bay window, a kitchen, laundry room, and two bedrooms. The property features original hardwood floors and windows, plus a basement/cellar (rare in Florida). Just a few blocks from historic downtown, you’ll enjoy the convenience of walking to nearby coffee shops, restaurants, and boutiques, and explore the home's captivating history documented by the historical preservation society.

Conclusion

These are some of the best deals currently available, but this is just the beginning. St. Augustine offers a wealth of opportunities for homebuyers, and we are here to help you explore them all. If you’re interested in these properties or any others in the area, don't hesitate to reach out.

When you work with my team at Endless Summer Realty, you benefit from our extensive knowledge and deep roots in the St. Augustine market. Our dedication to prioritizing customer needs and upholding the highest standards of integrity ensures that you receive unparalleled service throughout your real estate journey.

Let us help you find your perfect property. Contact us today to get started!