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St. Augustine Multi-Family Investment

1211 CYPRESS ROAD St Augustine, FL 32086

1211 CYPRESS ROAD, St Augustine, FL, 32086
$1,500,000
For Sale
$1,500,000

Multi-Family 5+ - ST AUGUSTINE, FL

Property Size6,627 SF
Lot Size7.16 Acres
Price / SF$226.35
Days on Market725

Property Features for 1211 CYPRESS ROAD

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
RMH
Standard status
Active
APN
099150-0000
Size
6,627 SF
Lot size
7.16 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
9227

Utilities

Cooling system
Central Air

Building Details

Year built
1974
Architectural style
Other
Listing Agency KW REALTY ATLANTIC PARTNERS ST AUGUSTINE
100 Southpark Blvd Ste 201, St. Augustine, FL
Listed by Frank Perez-Andreu · License #3299624
Added: Jul 24, 2024 Checked: Jul 18 at 6:06 pm
MLS# FC302569 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multi-family investment property is located in St. Augustine, Florida, and includes two parcel IDs. The property consists of park-owned rental mobile homes and pad rentals. There are 14 sites, each approximately 1/2 acre. Each site has individual wells and septic systems. The property is zoned RMH. The lot size is 7.16 acres. The property includes both 1211 and part of 1235 Cypress Road.

Key Highlights

  • Investor opportunity with two parcel IDs included.
  • Includes both park‑owned rental mobile homes and pad rentals.
  • All 14 sites are approximately 1/2 acre parcels.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $104.2k $15.72
− Vacancy −$10.0k −$1.51
EGI $94.2k $14.21
− OpEx −$42.4k −$6.39
NOI $51.8k $7.82
6,627 SF · lease $15.72/SF/yr · vacancy 9.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$740.0K
$647.5K – $863.3K (±1% cap)
NOI $51,797 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,739 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Restaurant Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery HVAC Service Gym & Fitness Center Barber Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - Multi-family investment property with park-owned rentals and pad rentals.
Where is this mobile home & rv park located?
The property is located at 1211 CYPRESS ROAD St Augustine, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Investor opportunity with two parcel IDs included.; Includes both park‑owned rental mobile homes and pad rentals.; All 14 sites are approximately 1/2 acre parcels.
Contact an agent
More about this property
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