Search
Two-Story Downtown Restaurant
For Sale
$4,800,000

22 HYPOLITA Street, St Augustine, FL 32084

Commercial Sale, St. Augustine, FL

Property Size3,292 SF
Lot Size0.12 Acres
Price / SF$1,458
Days on Market38

Property Features for 22 HYPOLITA Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Fencing Privacy
Lot features Historic Area
Directions From North Ponce de Leon Blvd, head east on Castillo Drive to signalized intersection. Turn right on Avenida Menedez and go south along bayfront past Castilo De San Marcos National Monument. Take a right on Hypolita Street (a one-way street) and head west. Property is on northeast corner of Hypolita Street and Toques Place.
Subdivision 322-Downtown St Augustine
Standard status Active
APN 1966700000
Size 3,292 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 18923

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

fireplace
covered entertainment stage

Building Details

Year built 1987
Flooring type Tile, Wood
Building materials Concrete, Frame
Roof type Shake
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Listed By: JOE HATIN
Added: Aug 11 Changed: Sep 12 Last Checked: Sep 17 at 8:06PM
MLS# 2159764

Copyright © 2026 realMLS. 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.

Located at 22 Hypolita Street in St. Augustine’s Historic District, this two-story restaurant property combines a 1987 building with a 2012 commercial conversion. The approximately 3,292-square-foot improvements include a commercial kitchen, food preparation areas, manager’s office, hostess and waiting area, customer restrooms, multiple bars, covered dining areas, and a second-floor bar with seating. A detached service building provides storage, dishwashing facilities, a walk-in cooler, and an additional restroom.

The property occupies approximately 0.12 acres with about 49 feet of frontage on Hypolita Street and 109 feet on Toques Place. Its enclosed courtyard features mature shade trees, landscaping, brick pavers, decorative lighting, outdoor gathering areas, a covered entertainment stage, and space for dancing. Two covered balconies overlook the street and courtyard. The building is one block from the bayfront and within walking distance of St. George Street, hotels, museums, galleries, shops, restaurants, and entertainment venues. Public water and sewer serve the property, which also includes fire sprinkler and suppression systems.

Key Highlights

  • Approximately 3,292+/- square feet on approximately 0.12+/- acres
  • Approximately 49 feet of frontage on Hypolita Street and 109 feet on Toques Place
  • Two‑story restaurant conversion completed in 2012 from a 1987 building

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Casa Maya Take-out & Catering Bike rack Bicycle Rack

Suggested Use

Top Pick Nail Salon Skin Care Clinic Storage Facility Auto Parts Store Hair Salon (Bike/Boat/Book/etc) 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

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

2,211
Businesses Nearby
167k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 39% Shops & Services 36% Dining 17% Apparel 5%
Renaissance St. Augustine Historic Downtown Hotel Hotels & Casinos
46,491 visits/mo 0.3 miles
Earthbound Trading Company Shops & Services
20,840 visits/mo 0.1 miles
Ameris Bank Shops & Services
20,407 visits/mo 0.5 miles
Best Western Historic Bayfront Hotels & Casinos
19,419 visits/mo 0.1 miles
Kilwin's Dining
17,034 visits/mo 0.2 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full-service hospitality property with commercial kitchen, multiple bars, courtyard dining, and covered outdoor areas.
Where is this conventional restaurant located?
The property is located at 22 HYPOLITA Street St Augustine, FL.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Approximately 3,292+/- square feet on approximately 0.12+/- acres; Approximately 49 feet of frontage on Hypolita Street and 109 feet on Toques Place; Two‑story restaurant conversion completed in 2012 from a 1987 building
More about this property
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