Immerse yourself in the breathtaking panoramic bay views of the iconic Bridge of Lions, elegant-moored boats, and charming lighthouse which can be savored from nearly every room of this restored historic residence situated on the esteemed Avenida Menendez in the heart of Downtown St. Augustine's Historic City. The expansive covered front porch presents an ideal setting to begin your day, savoring a cup of coffee while delighting in the picturesque sunrise and the beautifully landscaped garden. This home and is designated as "multi-family" allowing for short-term rentals of 30 days or more, thereby presenting an exceptional income-generating opportunity. Encompassing four bedrooms, two baths and 1,990 square feet of living space, this home exudes timeless elegance with numerous period details and an abundance of natural light. Notable features include exquisite hardwood flooring, lofty ceilings, crown molding, and intricate fluted trim. The first level boasts a spacious living room adorned with expansive windows that capture the captivating water views complemented by French doors leading to an inviting dining room. The first-floor kitchen has been thoughtfully updated with new granite countertops, soft-close kitchen cabinetry and recessed lighting. The second floor boasts 4 bedrooms, one full bath and a separate full kitchen ideal for rental income. The large master bedroom has a beautiful deck offering magnificent water views of the Bay! Further enhancing the allure of this residence, an additional set of French doors from the dining room opens to a sizeable rear deck encompassing a generously proportioned private courtyard enclosed by enchanting stone walls. Accessible through a gated entry, the patio showcases tasteful landscaping and a tranquil fountain providing an idyllic retreat for relaxation and entertaining. Conveniently, a garage and gated access from Marine Street as well as permitted parking in front, contribute to the ease of living. Immerse yourself in the vibrant ambiance of the area by leisurely strolling along the promenade discovering superb dining establishments, exclusive boutiques, captivating art galleries and the rich historical tapestry that St. Augustine so abundantly offers. Seller is offering a one-year 2-10 Home Warranty.