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  • Writer's pictureCortez on the Water

7 Reasons Why You Should Invest in St. Augustine Real Estate

Are you searching for the perfect investment opportunity that combines luxury living with lucrative returns? Look no further than Cortez on the Water in St. Augustine, where owning a condo not only offers unparalleled waterfront living but also presents an exceptional opportunity for Airbnb rental income.

Invest in St. Augustine Real Estate
Cortez on the Water

Take a look at the 7 reasons why you should invest in St. Augustine real estate.

1. Prime Location: Situated in the charming coastal city of St. Augustine, Cortez on the Water boasts a prime location that attracts visitors year-round. St. Augustine is ranked among the top tourist destinations in Florida, with over 7 million visitors annually. This high influx of tourists ensures a consistent demand for short-term accommodations, making Cortez on the Water an ideal investment opportunity.

2. Waterfront Living: Cortez on the Water offers stunning waterfront views of the Intracoastal Waterway, making it a highly desirable destination for travelers seeking a luxurious retreat. The property features deep water boat slips for every resident, adding to its appeal for boating enthusiasts and vacationers looking to explore the waterways of St. Augustine.

3. Strong Rental Demand: With its desirable location and upscale amenities, condos at Cortez on the Water experience strong rental demand throughout the year. According to industry reports, the average occupancy rate for vacation rentals in St. Augustine is over 70%, with peak seasons seeing occupancy rates as high as 90%. This robust demand translates to lucrative rental income potential for condo owners at Cortez on the Water.

4. Lucrative Returns: Investing in a condo at Cortez on the Water can provide a steady stream of passive income through short-term rentals. The average daily rate for vacation rentals in St. Augustine is $250-$300, with luxury properties commanding even higher rates. With proper marketing and management, owners can achieve annual rental yields of 8%-12% or more, offering a significant return on investment.

5. Airbnb Potential: St. Augustine is a top destination for Airbnb travelers, with over 1,000 active listings in the area. As the sharing economy continues to grow, more travelers are opting for unique and personalized accommodations offered by Airbnb hosts. With its waterfront location and luxury amenities, condos at Cortez on the Water are highly sought after by Airbnb guests seeking an unforgettable vacation experience. The beauty and location of Cortez on the Water is second to none, creating a very special opportunity for rentals.

6. Potential for Appreciation: In addition to generating rental income, condos at Cortez on the Water offer the potential for long-term appreciation. St. Augustine's real estate market has seen steady growth in property values, with home prices increasing by an average of 5%-7% annually. As the city continues to attract visitors and investors, property values at Cortez on the Water are expected to appreciate over time, providing owners with the opportunity to build equity.

7. Lifestyle Benefits: Beyond its investment potential, owning a condo at Cortez on the Water offers a lifestyle of luxury, comfort, and convenience. Residents have access to beautiful amenities, and proximity to the vibrant dining, shopping, and entertainment options of St. Augustine.

Just take a look at how close Cortez on the Water is to everything special in St. Augustine.

Map of St. Augustine - Invest in St. Augustine Real Estate
Invest in St. Augustine Real Estate

Take the Next Step:

Ready to unlock your investment potential and experience the best of waterfront living in St. Augustine? Contact us today to learn more about owning a condo at Cortez on the Water and take advantage of this incredible investment opportunity. Whether you're seeking a lucrative income stream or a luxurious retreat, Cortez on the Water offers the perfect blend of value, location, and lifestyle.

Come take a tour of Cortez on the Water and try some of the best restaurants in St. Augustine. Ready to make Cortez on the Water your home? Schedule a showing with us today and experience the magic of island living for yourself.

Reach out to Donna Wendler to learn more: 904-669-3081 or email

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