Mixed-Use Multifamily
544 MARKET Street St Augustine, FL 32095
544 MARKET Street, St Augustine, FL, 32095
$869,500
For Sale
$869,500
MULTI_FAMILY - St. Augustine, FL
Property Size3,916 SF
Lot Size0.05 Acres
Price / SF$222.04
Days on Market62
Property Features for 544 MARKET Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 5, Bedroom 2, Bathroom 3
- Parking
- 4
- Parking features
- Garage
- Standard status
- Active
- APN
- 0720950200
- Size
- 3,916 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12630
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water front
- 1
Building Details
- Year built
- 2007
- Number of units
- 3
Listing Agency
EXIT MAGNOLIA POINT REALTY
(904) 269-4600
3616 MAGNOLIA POINT BOULEVARD, Green Cove Springs, FL
Listed by
DOUGLAS SENECAL · License #3539193
(478) 390-3531
Added: May 20 Updated: Jul 17 at 4:36 pm Checked: Jul 20 at 8:06 pm
MLS# 2147913
Listing URL
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Investment Insights
Based on property information with market context.
This mixed-use multifamily townhouse includes an office plus townhome and loft apartment components, arranged within a well-built, low-maintenance structure. The property is presented with superb amenities and tenants in place, while also offering the option for an owner-occupant arrangement depending on preference.
The asset is located at 544 MARKET Street in St. Augustine, Florida, within St. Johns County.
The current offering is structured as a residential income property with multiple units under one roof, designed to support both investment use with in-place tenants and occupancy flexibility.
The asset is located at 544 MARKET Street in St. Augustine, Florida, within St. Johns County.
The current offering is structured as a residential income property with multiple units under one roof, designed to support both investment use with in-place tenants and occupancy flexibility.
Key Highlights
- Built in 2007 with a central HVAC setup, including central heating and central air conditioning
- Garage parking
- 4 bedrooms and 5 bathrooms, including Bedroom 1 through Bedroom 4 and Bathroom 1 through Bathroom 5
Local Financial Insights For Multifamily LT 5
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 | $55.5k | $14.16 |
| − Vacancy | −$5.9k | −$1.50 |
| EGI | $49.6k | $12.66 |
| − OpEx | −$14.9k | −$3.80 |
| NOI | $34.7k | $8.86 |
3,916 SF · lease $14.16/SF/yr · vacancy 10.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$495.7K
$433.8K – $578.4K
NOI $34,701 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$437.2K
$382.6K – $510.1K
NOI $30,607 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.04M
$914.0K – $1.22M
NOI $73,120 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Mixed-use townhouse configuration with an office and townhome/loft apartments in a well-built, low-maintenance structure.
Where is this triplex located?
The property is located at 544 MARKET Street St Augustine, FL.
What is the asking price?
The asking price for this property is $869,500.
What are key features of this property?
This property features: Built in 2007 with a central HVAC setup, including central heating and central air conditioning; Garage parking; 4 bedrooms and 5 bathrooms, including Bedroom 1 through Bedroom 4 and Bathroom 1 through Bathroom 5
