Property profile

2 Mulvey St St Augustine, FL 32084

OFF-MARKET
Bed & breakfasts
Property ID
US18-5191660
2,656 SF 0.09 ac lot Built 1900
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This beautifully remodeled 8-unit boutique hotel in the heart of historic St. Augustine, Florida, presents a remarkable investment opportunity. Priced at $1,895,000, this turnkey property boasts eight bedrooms, each with a private bathroom. All furniture, linens, appliances, and garage parking passes are included in the sale. The seller will also transfer ownership of all associated social media accounts, Google Business Portfolio, and the hotel website. Significant recent renovations totaling approximately $200,000 have enhanced both the interior and exterior. Interior upgrades, costing roughly $125,000, encompass four completely renovated rooms with luxury bathrooms, plus three additional rooms featuring soundproofing, fresh paint, and updated fixtures. New furniture, linens, and mattresses were installed throughout. The eighth unit has served as storage. Exterior improvements, valued at approximately $75,000, include a fresh coat of paint, updated landscaping, new lighting, fencing, fountains, artificial turf, a pergola, a renovated driveway, and the addition of palm trees. This property is ready for immediate operation and offers a unique blend of charm and modern amenities in a prime location. Located at 2 Mulvey Street, St. Augustine, FL 32084.

Property profile

Verified
Property type Bed & breakfasts
Use group BED & BREAKFAST
Year built 1900
Construction WOOD
Total area 2,656 SF
Lot 0.09 ac (3,780 SF)
APN 205990 0010
UPID US18-5191660

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Bed & Breakfast

Location

2 Mulvey St St Augustine, FL 32084-3522
St Augustine metro Census 20400 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.32M

Owner & transaction history

since 2025
Last sale
$1.5M
6 recorded transactions
2025
$1.5M
2022
$1.5M
2002
$98,000
2000
$85,000
1999
$75,300
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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