5124 Osceola Ave

Stunning Income-Producing Turnkey Beach Home | 2 Blocks to the Sand | No HOA. Welcome to this exceptional newer construction beach home in St. Augustine, currently operating as a successful short-term rental and offering an outstanding blend of income potential, luxury, and laid-back coastal living. Offered fully furnished and truly turnkey-including furniture, decor, and kitchen essentials, (excluding a few personal items)-this property is ready for immediate enjoyment or continued income production from day one. Located just two blocks from the beach, with direct access straight down Palmetto to a new Trex dune walkover, this home enjoys a quiet, jogger-friendly setting with no major through streets. Spanning 3,000 square feet of interior living space plus an impressive 775 square feet of outdoor living, this three-story residence features 4 bedrooms, 3.5 bathrooms, a custom patio, an outdoor shower, and a deck on every level—creating a true indoor-outdoor lifestyle with sweeping views of the treed dunes and an elevated, treehouse-like feel. The thoughtfully designed layout offers two bedrooms and one bathroom on the first floor, ideal for guests, while the second level hosts the primary suite and an additional bedroom and bathroom. The show-stopping third floor is built for luxury living and entertaining, boasting over 1,100 square feet of open living space and three sets of French doors leading to a covered deck overlooking the dunes. The well-appointed kitchen features 42” shaker cabinetry, quartz countertops, and a stainless steel appliance package, perfect for both everyday living and hosting. The home is prepped for a custom elevator, plumbed for gas, and built with impact-resistant windows for peace of mind. Enjoy worry-free ownership with no HOA, no flood insurance required, and elevated construction that provides confidence during storms. Recent improvements include a custom patio perfect for outdoor dining and entertaining and swim spa, fresh interior and exterior paint, and irrigation system. Whether you’re seeking a high-performing investment property, a second home, or a full-time coastal retreat, this property delivers location, privacy, and effortless beachside living—all within the highly rated St. Johns County School District—just steps from the sand.