72 VALENCIA STREET

Check out this prime property built in 1890 in the heart of downtown St. Augustine located within the Model Land Company Historic District. You will fall in love with the charm and beauty of the surrounding neighborhood with its brick paved roads, mature trees, stately homes, bed & breakfasts, small local businesses, churches, schools and Flagler College. This property, The Welch House, is zoned RG-1 which allows for multiple use options including single family, multi-family, short term rentals, bed & breakfast, etc. Additionally, with the RG-1 zoning, the property is also eligible for a few commercial uses by exception such as professional office, office studio and hotel/motel. There is a 2-car garage plus an additional 7 parking spaces (total of 9 parking locations) on the property. Most recently, the property was utilized as a dental office, owner’s residence and a guest house cottage. Originally, the Model Land Company (MLC) was created by Henry Flagler in 1896 to oversee his real estate holdings in Florida. He conveyed title to approximately 37 acres north and west of the famed Ponce De Leon Hotel in 1903. From that point in time and covering several decades thereafter, a wide variety of home styles were built which eventually became the Model Land Company Historic District we know today. At that time, most streets within this area were brick-paved streets with decorative brick sidewalks. Today there are still sections of streets with the original street and sidewalk materials, such as Valencia and Sevilla. This historic neighborhood is bounded by Cordova, King, Orange and Malaga Streets and consists of private residences, bed & breakfasts, small businesses, churches and schools.