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8-Unit Short-Term Rental Property
For Sale
$1,495,000

2 Mulvey St, St Augustine, FL 32084

MULTIFAMILY, St Augustine, FL

Property SizeContact for details
Days on Market20

Property Features for 2 Mulvey St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RG-1
Subdivision Model Land Co-Fl
Lot features City
Directions US 1 to Orange, Orange to Mulvey
Standard status Active
APN 205990-0010

Taxes and HOA fees

Tax Year 2025
Tax Description See Deed
Tax Annual Amount 24911
Legal Description See Deed

Utilities

Heating system Heat Pump (Heating)

Building Details

Year built 1900
Number of units 8
Building materials Frame
Listing Agency: Century 21 St Augustine Properties · Century 21 Real Estate
Listed By: Ian Hyde
Added: Oct 7 Changed: Oct 22 Last Checked: Oct 26 at 12:06AM
MLS# 264624

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.

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Investment Insights

Based on property information with market context.

This 1900-built, frame property is arranged as eight private rooms, each with its own full bathroom. Seven rooms are in short-term rental use; the remaining room serves as storage. Improvements include a metal roof, composite siding, updated wiring and plumbing, and installed fire-suppression and monitoring systems. The building is zoned RG-1.

The property is in downtown St. Augustine, about a five-minute walk from St. George Street. Its room-by-room arrangement and existing rental use define the current operation, with one room presently dedicated to storage.

Key Highlights

  • Eight private rooms, each with a full bathroom
  • Seven rooms currently operate as short‑term rentals; one is used for storage
  • 1900 construction; frame building

Property Analytics

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Lease Details

8
Residential units
Yes
Sprinkler system

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Short term rental property - Seven furnished rental units operate alongside a separate storage room in this historic downtown building.
Where is this short term rental property located?
The property is located at 2 Mulvey St St Augustine, FL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Eight private rooms, each with a full bathroom; Seven rooms currently operate as short‑term rentals; one is used for storage; 1900 construction; frame building
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