Restored 5-Unit Short-Term
For Sale
Contact for pricing
Pending
16 Mulvey St, St Augustine, FL 32084
Completely restored five-unit property with a mix of 2-bedroom, single-bedroom, and efficiency units, all currently used as nightly rentals.
Property SizeContact for details
Days on Market136
Property Features for 16 Mulvey St
General Information
Standard status
Pending
Total Parking Spaces
5
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
5
Building Details
Year Renovated
2017
Stories
3
Tenancy
Multi
Listing Agency:
JPAR City & Beach
Listed By:
Michael Krzeszewski · License #FL
Source:
Crexi
Added: Apr 11
Changed: Aug 21
Last Checked: Aug 24 at 5:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JPAR City & Beach
Investment Insights
Based on property information with market context.
Completely restored 5-unit rental property currently operated as a nightly rental investment. The building includes one 2-bedroom unit, three single-bedroom units, and an efficiency unit. Updates include replaced plumbing, electrical, kitchens, bathrooms, and HVAC, with plumbing/electrical/HVAC replacement completed in 2016–2017. The property is maintained and sold fully furnished, with a spacious back yard for tenant use, backyard grills, a storage shed with bicycles, and an oversized third-story attic for storage of rental supplies.
The property is located just blocks from historic St. George St in downtown St. Augustine. It also has five parking spots rented through the downtown parking garage to support parking and short-term rental compliance.
All five units are described as occupied constantly, with a proven booking history.
The property is located just blocks from historic St. George St in downtown St. Augustine. It also has five parking spots rented through the downtown parking garage to support parking and short-term rental compliance.
All five units are described as occupied constantly, with a proven booking history.
Key Highlights
- Completely restored 5‑unit property used as nightly rentals, blocks from historic St. George St in downtown St. Augustine.
- Unit mix includes one 2‑bed unit, three single‑bed units, and one efficiency unit.
- Gross receipts are close to $300k from nightly rental use, with all 5 units occupied constantly.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,326
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Completely restored five-unit property with a mix of 2-bedroom, single-bedroom, and efficiency units, all currently used as nightly rentals.
Where is this short term rental property located?
The property is located at 16 Mulvey St St Augustine, FL.
What are key features of this property?
This property features: Completely restored 5‑unit property used as nightly rentals, blocks from historic St. George St in downtown St. Augustine.; Unit mix includes one 2‑bed unit, three single‑bed units, and one efficiency unit.; Gross receipts are close to $300k from nightly rental use, with all 5 units occupied constantly.
