🌊 $300K/Year Projected Ocean-View STR in St. Augustine (No HOA, Brand New Build)

💰 4BR luxury pool home with elevator, beach access, and true nightly rental freedom (17% gross ROI potential). Comps inside.

Author

Alex Veytsman
March 26, 2026

🌊 Brand-New St. Augustine Beach STR With Ocean Views + Pool = Pure Cash Flow

💰 17% Gross ROI • ~$300K Revenue Potential • No HOA, Nightly Rentals Allowed

🔥 Why This Deal Is Different

This is not your typical beach house.

This is a brand-new, luxury-built, high-ADR machine in a market where:

  • Inventory is limited

  • Regulations are tightening

  • And true nightly rentals are getting harder to find

👉 No HOA + nightly rentals permitted = rare leverage

You’re not just buying a property — you’re locking in one of the cleanest STR setups on the Florida coast.

🏡 The Asset

  • Price: $1,790,000

  • 4 Bed / 4.5 Bath

  • 3,131 sqft

  • 3-story new construction (2025)

  • Elevator (huge for groups + luxury appeal)

  • Dual balconies with Atlantic Ocean views

  • Private saltwater pool + covered lanai

  • 2-car garage + oversized lot

And it’s built right:
✔ Hardie board siding
✔ Impact windows
✔ 2-10 builder warranty

This is low-maintenance luxury — exactly what you want in a high-end rental.

💰 The Numbers

Projected Revenue: ~$300,000

Gross ROI: 17%

Backed by strong comps:

This isn’t a stretch — this is right in line with the market for luxury beach homes with pools.

🎯 Why This One Prints

Let’s break it down simply:

1. 📍 Location That Converts

  • Steps to beach access

  • Ocean views without paying full beachfront premium

  • St. Augustine = year-round demand (tourism + weddings + history + beaches)

2. 🏖️ Amenities That Drive ADR

  • Private pool (non-negotiable at this price point)

  • Elevator (massive differentiator for families + older guests)

  • Multiple en-suite bedrooms → perfect for group bookings

  • Balconies + outdoor living

3. 🚫 No Restrictions

This is huge.

Most Florida beach markets are tightening STR rules.
This one gives you true nightly rental freedom.

That alone is worth a premium.

🚀 The Upside (Yes, There’s Still More)

Even as a brand-new build, there’s room to push this higher:

  • Lean into luxury coastal design + branding

  • Add premium outdoor touches (fire pit, cabanas, lighting)

  • Create a high-end guest experience package (bikes, beach gear, concierge feel)

  • Optimize listing for large groups → maximize occupancy + ADR

This can easily move from a strong performer → top-tier luxury listing.

⚡ Bottom Line

This is a rare combination:

✔ Brand-new construction (no CapEx headaches)
✔ Ocean views + walkable beach access
✔ Pool + elevator + luxury layout
✔ No HOA + nightly rentals allowed
✔ ~$300K revenue potential

This is exactly the kind of asset that:

  • Books consistently

  • Commands premium pricing

  • And holds long-term value

💸 Financing Angle (Don’t Miss This)

If you’re looking to structure this as an STR investment:

📲 Interested?