St. Augustine Multi-Family
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
(904) 797-7442
100 Southpark Blvd Ste 201, St. Augustine, FL
Listed by
Frank Perez-Andreu · License #3299624
(904) 501-9896
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
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
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 ...
Similar For Sale Nearby
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.