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Five-Unit Short-Term Rental Property
For Sale
$1,740,000

16 Mulvey St, St Augustine, FL 32084

MULTIFAMILY, St Augustine, FL

Property SizeContact for details
Days on Market46

Property Features for 16 Mulvey St

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning RG-1
Subdivision Model Land Co-Fl
Directions From US-1 Take Orange st to Mulvey Property will be on the right hand side.
Standard status Active
APN 206060-0000

Taxes and HOA fees

Tax Year 2025
Tax Description See Deed
Tax Annual Amount 11751
Legal Description See Deed

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Window Unit(s)

Amenities

landscaped backyard retreat

Building Details

Year built 1890
Number of units 5
Listing Agency: Century 21 St Augustine Properties · Century 21 Real Estate
Listed By: Ian Hyde
Added: Jul 27 Changed: Sep 2 Last Checked: Sep 10 at 7:06PM
MLS# 263419

Copyright © 2026 St. Augustine & St. John's County Board of Realtors. 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.

Built in 1890, this multifamily property includes five furnished rental units: four one-bedroom, one-bath apartments and one efficiency apartment. The building has received significant system updates, including a newer roof and improvements to the electrical and plumbing systems. Central and window-unit cooling, along with central and electric heating, support guest accommodations. A current termite bond is also in place.

The property occupies a double lot with a landscaped backyard that provides an outdoor amenity for guests. Its address at 16 Mulvey St places the property in downtown St. Augustine, within walking distance of restaurants, shops, galleries, live music, museums, and historic attractions. The area’s beaches are only minutes away. RG-1 zoning and the established short-term rental configuration provide a defined operating format for the property.

Key Highlights

  • Five‑unit layout with four one‑bedroom, one‑bath apartments and one efficiency apartment
  • Built in 1890 with a newer roof and updated electrical and plumbing systems
  • Located at 16 Mulvey St in downtown St. Augustine

Property Analytics

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Current Use

Villa Mulvey #1 Vacation Rental Villa Mulvey #4 Vacation Rental

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Catering Service Home Appliance Store Acupuncture Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,326
Businesses Nearby

Demographics for 32084, FL

34,526
Population
17,839
Households
1.9
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
45.1 sq mi
ZIP Area
766
Density / Sq Mi
$72,965
Median Household Income
$38,611
Median Earnings
$1,534
Median Rent
$295,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Historic property with updated major systems and a landscaped outdoor area near downtown attractions.
Where is this short term rental property located?
The property is located at 16 Mulvey St St Augustine, FL.
What is the asking price?
The asking price for this property is $1,740,000.
What are key features of this property?
This property features: Five‑unit layout with four one‑bedroom, one‑bath apartments and one efficiency apartment; Built in 1890 with a newer roof and updated electrical and plumbing systems; Located at 16 Mulvey St in downtown St. Augustine
More about this property
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