Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    554 Market St St Augustine, FL 32095

    For Sale
    $859,000

    SINGLE_FAMILY - St. Augustine, FL

    Type:Office
    Property size:
    3,916 SF
    Lot size:
    1.00 Acre
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 554 Market St

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    0720950190
    Parking features
    Garage
    Size
    3,916 SF
    Lot size
    1.00 Acre

    Building Details

    Year built
    2007
    Floors in Building
    3

    Magnolia Point Realty Inc. (904) 269-4600 [email protected]

    Listing agent DOUGLAS SENECAL (478) 390-3531

    Listing date Nov 24, 2025

    Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    St. Augustine Mixed-Use Investment Property

    Located in the upscale Palencia community of St. Johns County in St. Augustine, this property offers a mix of commercial and residential spaces. The property includes three addresses: a 1070-square-foot office at 550 Market Street, a 2350-square-foot townhome at 554 Market Street, and a 550-square-foot apartment at 359 Midway Street. The property is currently operating at a 7 Cap. The property's revenue has the potential for a projected 3-4% yearly increase with effective management, and long-term leases are in place. There is a short-term rental option for one of the three units. The lot size is 1 acre, and the total property size is 3916 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    St Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.386028
    Latitude
    30.025772

    Nearby Similar for Sale

    • $1,149,000
      2,891 SF

      St. Augustine Multifamily Income Property

      Four-unit property in historic St. Augustine with income potential.
      16 Rohde Ave, St Augustine, FL 32084
      View Details
    • $559,900

      Waterfront Historic Gem with In-law

      Restored 1930s waterfront duplex with pool near historic St. Augustine.
      26 Rio Vista Dr, St Augustine, FL 32084
      View Details
    • $5,195,000

      Upscale Boutique Hotel Opportunity

      Three luxury homes, ideal for multifamily vacations and group events.
      16/18/20 Inlet Pl, St Augustine, FL 32080
      View Details
    • $5,195,000

      St. Augustine Boutique Hotel Opportunity

      Three luxury homes, ideal for multifamily vacations and group events.
      16/18/20 Inlet Pl, St Augustine, FL 32080
      View Details
    • $1,225,000

      Historic St. Augustine Duplex Portfolio

      Two restored historic homes in St. Augustine's Abbott Tract.
      16 Locust St, St Augustine, FL 32084
      View Details
    • New
      $1,599,000
      4,514 SF

      Luxurious St. Augustine Duplex Investment

      Turnkey duplex near downtown St. Augustine, ideal for short-term rentals.
      307 Arricola Ave Unit A, St Augustine, FL 32080
      View Details

    FAQs

    What type of property is this?
    Office space - Upscale St. Johns County property with office, townhome, and apartment.
    Where is this office space located?
    The property is located at 554 Market St St Augustine, FL.
    What is the asking price?
    The asking price for this property is $859,000.
    What are key features of this property?
    This property features: - 7% Cap Rate investment property in upscale Palencia community.; - Potential for 3-4% yearly revenue increase with good management.; - Opportunity for short-term rental income from one of the three units.
    (478) 390-3531
    Request Owner's contact information
    554 Market St St Augustine, FL 32095
    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.
    554 Market St
    St Augustine, FL 32095
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    554 Market St St Augustine, FL 32095
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.