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Five-Unit Apartment Building
For Sale
$1,675,000

16 Mulvey St, St Augustine, FL 32084

MULTIFAMILY, St Augustine, FL

Property SizeContact for details
Days on Market102

Property Features for 16 Mulvey St

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning RG-1
Subdivision Model Land Co-Fl
Directions From US-1 Take Orange st to Mulvey Property will be on the right hand side.
Standard status Active
APN 206060-0000

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2025
Tax Description See Deed
Tax Annual Amount 11751
Legal Description See Deed

Utilities

Heating system Electric (Heating), Central
Cooling system Window Unit(s), Central Air

Building Details

Year built 1890
Number of units 5
Listing Agency: Century 21 St Augustine Properties · Century 21 Real Estate
Listed By: Ian Hyde
Added: Jul 27 Changed: Oct 24 Last Checked: Nov 5 at 9:06PM
MLS# 263419

Copyright © 2026 St. Augustine & St. John's County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1890, this RG-1-zoned apartment property contains five units: four one-bedroom, one-bath apartments and one efficiency apartment. The property is operating as a short-term rental and includes central air, window unit cooling, and electric and central heating. Recent capital work includes a newer roof and updated electrical and plumbing systems, while a current termite bond is also in place.

The property is located at 16 Mulvey St in St. Augustine's Historic Entertainment District. Downtown restaurants, shops, galleries, live music venues, museums, and historic attractions are nearby, with the area's beaches a short drive away. A double lot provides a landscaped backyard area that adds outdoor space to the apartment property.

Key Highlights

  • Five‑unit apartment property with four one‑bedroom, one‑bath units and one efficiency apartment
  • Operating short‑term rental property in St. Augustine's Historic Entertainment District
  • Built in 1890 and zoned RG‑1

Property Analytics

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Lease Details

5
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,326
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four one-bedroom apartments and one efficiency unit support an operating short-term rental property.
Where is this apartment building located?
The property is located at 16 Mulvey St St Augustine, FL.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Five‑unit apartment property with four one‑bedroom, one‑bath units and one efficiency apartment; Operating short‑term rental property in St. Augustine's Historic Entertainment District; Built in 1890 and zoned RG‑1
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