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**Historic Downtown St. Augustine Turnkey Investment Opportunity** Rare opportunity to own a premier income-producing property in the heart of Downtown St. Augustine's Historic Entertainment District. This beautifully maintained five-unit multifamily property is currently operating as a highly successful short-term rental with a proven track record, generating $313,000 in gross revenue in 2025. The property has outpaced most of the competition in revenue growth with last year representing a 22% increase over the past 4 years. The property consists of four spacious one-bedroom, one-bath apartments and one efficiency apartment, offering an ideal mix of accommodations for visitors seeking the charm and convenience of the Nation's Oldest City. Whether you're an experienced investor or looking to enter the thriving vacation rental market, this turnkey opportunity is ready to continue producing exceptional returns.

**Historic Downtown St. Augustine Turnkey Investment Opportunity** Rare opportunity to own a premier income-producing property in the heart of Downtown St. Augustine's Historic Entertainment District. This beautifully maintained five-unit multifamily property is currently operating as a highly successful short-term rental with a proven track record, generating $313,000 in gross revenue in 2025. The property has outpaced most of the competition in revenue growth with last year representing a 22% increase over the past 4 years. The property consists of four spacious one-bedroom, one-bath apartments and one efficiency apartment, offering an ideal mix of accommodations for visitors seeking the charm and convenience of the Nation's Oldest City. Whether you're an experienced investor or looking to enter the thriving vacation rental market, this turnkey opportunity is ready to continue producing exceptional returns.

16 Mulvey St, St Augustine

Courtesy of Century 21 St Augustine Properties

Built in 1910 and sitting high and dry on nearly one-half acre, this remarkable homesite in the coveted Flagler Model Land neighborhood presents a truly distinctive opportunity in St. Augustine. Towering live oaks and a beloved Love Tree create a setting that's difficult to replicate, while prestigious Saragossa Street places you just blocks from downtown's renowned restaurants, galleries, boutiques, marinas, and year-round festivals. Here, generations have enjoyed the charm and character of one of St. Augustine's most enduring neighborhoods, and the next owner will have the opportunity to create new memories in a setting unlike any other. The existing 2,590-square-foot residence is in need of a complete renovation and offers the flexibility for a buyer to pursue a thoughtful restoration or explore the potential for new construction. With an expansive homesite surrounded by mature trees and located in one of the city's most sought-after areas, the possibilities are truly exceptional.

4 Beds ⋅ 3 Baths ⋅ 263349 MLS

Built in 1910 and sitting high and dry on nearly one-half acre, this remarkable homesite in the coveted Flagler Model Land neighborhood presents a truly distinctive opportunity in St. Augustine. Towering live oaks and a beloved Love Tree create a setting that's difficult to replicate, while prestigious Saragossa Street places you just blocks from downtown's renowned restaurants, galleries, boutiques, marinas, and year-round festivals. Here, generations have enjoyed the charm and character of one of St. Augustine's most enduring neighborhoods, and the next owner will have the opportunity to create new memories in a setting unlike any other. The existing 2,590-square-foot residence is in need of a complete renovation and offers the flexibility for a buyer to pursue a thoughtful restoration or explore the potential for new construction. With an expansive homesite surrounded by mature trees and located in one of the city's most sought-after areas, the possibilities are truly exceptional.

41 Saragossa St, St Augustine

Courtesy of 97 Park, LLC

Welcome to your dream investment at 9 Sevilla St and or multi generational living. Historic downtown St. Augustine in the heart of everything, just steps from Flagler College, shopping, dining, and historic attractions. This fully furnished property is an established and highly productive VRBO/Airbnb income property all 5-star. Another bonus a pool opportunity: as proposed 8' x 16' swimming pool has been preliminarily approved design to meet current setbacks requirements. This offers buyers the opportunity to have a private outdoor retreat. Design sketches and AI enhanced drawing...see pics in listing. This exceptional property features three beautifully appointed units each thoughtfully designed with comfort, luxury, historic charm in mind. The ground-floor unit offers two spacious bedrooms, w/3 baths with luxe amenities, vaulted ceilings, and spectacular hardwood floors that create warmth and elegant atmosphere.

Welcome to your dream investment at 9 Sevilla St and or multi generational living. Historic downtown St. Augustine in the heart of everything, just steps from Flagler College, shopping, dining, and historic attractions. This fully furnished property is an established and highly productive VRBO/Airbnb income property all 5-star. Another bonus a pool opportunity: as proposed 8' x 16' swimming pool has been preliminarily approved design to meet current setbacks requirements. This offers buyers the opportunity to have a private outdoor retreat. Design sketches and AI enhanced drawing...see pics in listing. This exceptional property features three beautifully appointed units each thoughtfully designed with comfort, luxury, historic charm in mind. The ground-floor unit offers two spacious bedrooms, w/3 baths with luxe amenities, vaulted ceilings, and spectacular hardwood floors that create warmth and elegant atmosphere.

9 Sevilla Street, St Augustine

Courtesy of Berkshire Hathaway Homeservices Florida Network Realty

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