Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    165 Southpark Blvd St Augustine, FL 32086

    Sponsored
    Picture of Medical offices at Southpark Blvd 165, St Augustine, FL
    For Lease
    $22 SF/Yr ($11,564 /Mo)

    Office - ST AUGUSTINE, FL

    Type:Office
    Property size:
    6,308 SF
    Lot size:
    0.86 Acres
    Days on Market:
    57
    Last Refresh:
    Feb 25 at 9:06 pm

    Property Features for 165 Southpark Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    OUT/CNTY
    APN
    1351200180
    Size
    6,308 SF
    Lot size
    0.86 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Flooring type
    Carpet, Tile
    Building materials
    Block, Stucco
    Roof type
    Tile
    Architectural style
    Other

    We can help!

    Listing Contact
    FRANCIS ANGIUOLI

    Ocean City Realty, LLC (386) 931-1903

    Listing agent FRANCIS ANGIUOLI (386) 931-1903 License #632956

    Listing date Dec 31, 2025

    MLS# FC314963 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.

    Learn more

    Property Insight Report

    Overview

    St. Augustine Medical/Office Space

    This property offers 2600 square feet of medical or office space, currently configured as a medical lab. The rental rate is $22 per square foot, which includes CAM fees. The tenant is responsible for HVAC maintenance, water, electric, and all other utilities. The property is located in St. Augustine, Florida, close to Flagler Hospital and other medical offices. The lot size is 0.86 acres. The total property size is 6308 square feet. The zoning is OUT/CNTY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Holistic Skincare Spa & Massage Center St Johns Biomedical ... Medical Laboratory Skin Sessions Medical Clinic Marianne Hvasta - Massage Alternative Medicine Practice Bates Hewett & Floyd ... Insurance Agency

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    Banfield Pet Hospital, Matanzas River Animal Hospital, Petco Vaccination Clinic, Dr. Herbert Nicolas, Lopez Sheila M DVM

    Location Insight

    • Map
    • Local Demand
    City
    St Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.325487
    Latitude
    29.861863

    Nearby Similar for Lease

    • $3,135 /Mo

      St Augustine Medical/Office Space

      Office space in Southpark Medical Complex, St Augustine, FL.
      150 Southpark Blvd, St Augustine, FL 32086
      View Details
    • $27 SF/Yr
      1,298 SF

      St. Augustine Office Suite For Rent

      Turnkey office space in Julington Creek's premier business corridor.
      1633 Race Track Rd, St Augustine, FL 32259
      View Details
    • $2,430 /Mo
      8,712 SF

      Downtown St. Augustine Retail Space

      Prime commercial space in the heart of St. Augustine.
      3 Sebastian Ave, St Augustine, FL 32084
      View Details
    • $2,295 /Mo
      Pending

      St. Augustine Professional Office Condo

      Professional office condo for lease in World Golf Village.
      145 Land Grant St, St Augustine, FL 32092
      View Details
    • $1,100 /Mo
      22,651 SF

      Professional Office Space For Lease

      Second floor office space available in St. Augustine, Florida.
      403 Anastasia Blvd, St Augustine, FL 32080
      View Details
    • $1,100 /Mo
      22,651 SF

      St Augustine Office Space Available

      Second floor office space available for lease in St Augustine.
      403 Anastasia Blvd, St Augustine, FL 32080
      View Details
    • $1,150 /Mo
      210 SF

      St. Augustine Executive Office Space

      Private executive offices with utilities included and shared amenities.
      701 Market St, St Augustine, FL 32095
      View Details
    • $2,295 /Mo
      1,102 SF

      St. Augustine Professional Office Condo

      Professional office condo for lease in World Golf Village.
      135 Land Grant St, St Augustine, FL 32092
      View Details
    • $34 SF/Yr
      98,010 SF

      Prime Location in St. Augustine Shores

      Exceptional neighborhood accessibility in a growing residential community.
      481 Shores Blvd, St Augustine, FL 32086
      View Details
    • $38 SF/Yr
      17,485 SF

      Retail Space in World Golf

      New retail lease space available in St. Augustine, Florida.
      190 Registry Blvd, St Augustine, FL 32092
      View Details
    • $1,500 /Mo
      1,000 SF

      Historic Commercial Space in St. Augustine

      Charming 1920s commercial space in St. Augustine's Lincolnville district.
      97 M L King Ave, St Augustine, FL 32084
      View Details
    • Contact for pricing
      8,761 SF

      Retail Space Near Epic Theatres

      Retail property near Epic Theatres, drawing 800,000 annual visitors.
      84 Theatre Dr, St Augustine, FL 32086
      View Details

    FAQs

    What type of property is this?
    Medical office - 2600 SF medical/office space for lease near Flagler Hospital.
    Where is this medical office located?
    The property is located at 165 Southpark Blvd St Augustine, FL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - 2600 SF Medical/Office Space available.; - Prime Location near Flagler Hospital St Augustine and other medical offices.; - Rental rate of $22 PSF includes CAM fees.
    (386) 503-8137
    Request Owner's contact information
    165 Southpark Blvd St Augustine, FL 32086
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    165 Southpark Blvd
    St Augustine, FL 32086
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    165 Southpark Blvd St Augustine, FL 32086
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    FRANCIS ANGIUOLI
    Real Estate License ID: 632956
    (386) 503-8137 (386) 931-1903
    Learn more
    Google sign-in failed. Please try again or use another login method.