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14-Site Mobile Home Park
For Sale
$1,450,000

1211 CYPRESS Road, St Augustine, FL 32086

Commercial Sale, ST AUGUSTINE, FL

Property Size6,627 SF
Lot Size7.16 Acres
Price / SF$218.80
Days on Market810

Property Features for 1211 CYPRESS Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning RMH
Subdivision ST AUGUSTINE HEIGHTS
Directions Old Moultrie Road to Kings Estate to San Juan. Turn Right to Cypress then left on Cypress to property on left.
Standard status Active
APN 099150-0000
Size 6,627 SF
Lot size 7.16 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description 10-27 ST AUGUSTINE HEIGHTS UNIT 1 TRACT 21 OR3476/1241(Q/C) &3633/1123(Q/C)
Tax Annual Amount 9227
Legal Description 10-27 ST AUGUSTINE HEIGHTS UNIT 1 TRACT 21 OR3476/1241(Q/C) &3633/1123(Q/C)

Utilities

Cooling system Central Air

Building Details

Year built 1974
Listing Agency: KW REALTY ATLANTIC PARTNERS ST AUGUSTINE · Keller Williams Realty
Listed By: Frank Perez-Andreu · License #3299624
Added: Jul 24, 2024 Changed: Sep 29 Last Checked: Oct 11 at 10:06PM
MLS# FC302569

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.

Investment Insights

Based on property information with market context.

This mobile home park spans 7.16 acres and includes 14 sites, park-owned rental mobile homes, and pad rentals. The property contains 6,627 square feet of improvements, was built in 1974, and has central air. Each site is identified as an approximately half-acre parcel with its own well and septic system.

The offering includes 1211 Cypress Road and part of 1235 Cypress Road in St. Augustine, along with parcel IDs 099150-0000 and 099160-0000. RMH zoning supports the property’s mobile-home-park configuration as described.

Key Highlights

  • 14 sites, each 1/2 acre (APPROX.) parcels
  • 7.16‑acre mobile home park
  • Includes park‑owned rental mobile homes and pad rentals

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,797
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,940 $1.0M
Cap Rate 7%
$739,957 $740.0K
Cap Rate 9%
$575,522 $575.5K
Market Conditions
NOI Build-Up for 6,627 SF
Gross rent
$104.2K $15.72/SF
− Vacancy
−$10.0K −$1.51/SF
EGI
$94.2K $14.21/SF
− OpEx
−$42.4K −$6.39/SF
NOI
$51.8K $7.82/SF
Area
St. Johns County, FL
Vacancy
9.60%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,940
Cap Rate 7%
$739,957
Cap Rate 9%
$575,522

Alternative Uses

Best Use
Apartment 5plus
$740.0K
$647.5K – $863.3K (±1% cap)
NOI $51,797 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,739 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Pharmacy Bakery Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 32086, FL

31,452
Population
15,696
Households
2
Avg Household Size
51
Median Age
33%
College-Educated
92%
High-School Grad
65.8 sq mi
ZIP Area
478
Density / Sq Mi
$74,508
Median Household Income
$40,571
Median Earnings
$1,536
Median Rent
$342,000
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - RMH-zoned property combines park-owned rental homes with pad rentals and individually served sites.
Where is this mobile home & rv park located?
The property is located at 1211 CYPRESS Road St Augustine, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 14 sites, each 1/2 acre (APPROX.) parcels; 7.16‑acre mobile home park; Includes park‑owned rental mobile homes and pad rentals
More about this property
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