***Prime Downtown St. Augustine Boutique-Hotel-Style investment Opportunity*** Located in the heart of historic downtown St. Augustine, this unique multi-family property offers an exceptional opportunity to own an income-producing asset just a short 5 minute walk from the world-famous St. George Street. Configured in a boutique hotel style layout the property features 8 private bedrooms with 8 full bathrooms attached, so each room functions as its own separate rental unit. 7 of the 8 units are currently being utilized as short term rentals with the 8th being used for storage offering potential flexibility for future use. The current owners put over $200,000 into renovations and upgrades making this 125 year old home stand out with tastefully updated rooms while still maintaining its historic charm. A metal roof and composite siding will provide long life with minimal maintenance. Home has been completely re-wired and re-plumbed and has a fire suppression and monitoring system already installed. Whether you are looking to expand your short term rental portfolio or looking to take the plunge into the short term rental game this truly turn-key property is too good to pass up.
For sale
Price increase: $265K (11/4)
$1,760,000
2 Mulvey St, Saint Augustine, FL 32084
8beds
8baths
--sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 32 days
- 280
- 26
Zillow last checked:
Listing updated:
Listed by:
Ian Hyde 904-797-6000,
Century 21 St Augustine Properties
Source: St Augustine St Johns County BOR,MLS#: 264624
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Heat Pump
Cooling
- Other
Appliances
- Included: Refrigerator
- Laundry: Laundry Room
Features
- Ceiling Fan(s)
- Windows: Window Treatments
- Furnished: Yes
Property
Features
- Entry location: Ground Level
Lot
- Size: 3,485 Square Feet
- Features: City Lot, Shopping Near
Details
- Parcel number: 2059900010
- Zoning: RG-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Other
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: Model Land Co-Fl
Location
- Region: Saint Augustine
Financial & listing details
- Tax assessed value: $1,254,581
- Annual tax amount: $24,911
- Price range: $1.8M - $1.8M
- Date on market: 10/7/2026
- Listing terms: Cash,Conventional,Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2026 | Price change | $1,760,000+17.7% |
Source: | ||
| 10/22/2026 | Listed for sale | $1,495,000-0.3% |
Source: | ||
| 7/28/2025 | Sold | $1,500,000-8.8% |
Source: | ||
| 4/28/2025 | Price change | $1,645,000-2.9% |
Source: | ||
| 3/4/2025 | Price change | $1,695,000-5.6% |
Source: | ||
| 12/9/2024 | Price change | $1,795,000-5.3% |
Source: | ||
| 11/5/2024 | Listed for sale | $1,895,000+28.5% |
Source: | ||
| 3/7/2022 | Sold | $1,475,000-6.3% |
Source: | ||
| 3/1/2022 | Pending sale | $1,575,000 |
Source: | ||
| 2/18/2022 | Contingent | $1,575,000 |
Source: | ||
| 2/10/2022 | Listed for sale | $1,575,000 |
Source: | ||
| 2/9/2022 | Contingent | $1,575,000 |
Source: | ||
| 2/4/2022 | Listed for sale | $1,575,000+775% |
Source: | ||
| 8/9/2017 | Sold | $180,000+83.7% |
Source: Public Record Report a problem | ||
| 3/28/2002 | Sold | $98,000+15.3% |
Source: Public Record Report a problem | ||
| 6/7/2000 | Sold | $85,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,911 +1.4% | $1,254,581 -2.9% |
| 2024 | $24,557 -2.3% | $1,291,601 -1.5% |
| 2023 | $25,122 +234.6% | $1,311,167 +140% |
| 2022 | $7,509 +17.7% | $546,305 +41.8% |
| 2021 | $6,378 +9.3% | $385,367 +12.5% |
| 2020 | $5,835 +3.6% | $342,592 +2.3% |
| 2019 | $5,629 | $334,959 -1.3% |
| 2018 | $5,629 +8.3% | $339,362 -0.4% |
| 2017 | $5,197 | $340,886 +35.7% |
| 2016 | $5,197 +6.9% | $251,228 +52.4% |
| 2015 | $4,862 +71.6% | $164,851 +7.3% |
| 2014 | $2,833 | $153,649 +4.3% |
| 2013 | -- | $147,347 +24.1% |
| 2012 | -- | $118,765 +18% |
| 2011 | -- | $100,662 -7.2% |
| 2010 | -- | $108,437 -15.8% |
| 2009 | -- | $128,776 +8% |
| 2008 | -- | $119,273 -22.4% |
| 2007 | -- | $153,674 -0.4% |
| 2006 | -- | $154,250 +22.1% |
| 2005 | -- | $126,290 +23.6% |
| 2004 | -- | $102,210 |
Find assessor info on the county website
Monthly payment
Est. payment






