HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
3 Beds
2 Baths
1,708 SqFt
3 Beds
2 Baths
1,708 SqFt
Open House
Sat Jun 20, 11:00am - 1:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,708 sqft
Price per Sqft $289
Subdivision Buena Esperanza
MLS Listing ID 2127282
Style Craftsman,Historic
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1930
Annual Tax Amount $7,317
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
For the investor, the short-term rental operator, or the buyer who knows how to recognize an opportunity -- 166 Martin Luther King Avenue is the one to watch right now.
Located in the heart of Historic Lincolnville, one of St. Augustine's most consistently visited and sought-after neighborhoods, this 1930 Craftsman-style residence sits in prime short-term rental territory. Lincolnville draws visitors year-round to the nation's oldest city -- walkable to downtown restaurants, bayfront parks, Flagler College, historic landmarks, and trolley access -- making it one of the most desirable short-term rental districts in Northeast Florida. Buyer to verify current local short-term rental regulations. At $290 per square foot, this is the lowest price per square foot of any active 3-bedroom home in Lincolnville today -- and it's listed below its appraised value, giving the right buyer immediate built-in equity from day one The home offers 1,708 square feet of living space across three generously sized bedrooms and two full bathrooms, including a primary ensuite -- an uncommon feature for a home of this era and a meaningful asset for short-term rental guests and owner-occupants alike. The open floor plan connects the main living areas to a spacious kitchen with pantry, and a separate laundry room adds everyday practicality. A covered front porch, rear deck, fenced front and backyard, and mature shade trees create outdoor living space that enhances both personal enjoyment and guest appeal.
Key structural updates include a 2019 metal roof and 2021 windows -- the big-ticket items are already handled. At this price point, in this location, the upside potential is built in from day one.
No HOA. No CDD. Full flexibility to use, rent, or invest on your own terms. This is the entry point into Lincolnville that serious buyers have been waiting for -- priced below appraised value, in a location that continues to attract visitors and residents alike, with more square footage than anything comparable on the market today.
Location
State FL
County St. Johns
Community Buena Esperanza
Area 322-Downtown St Augustine
Direction From US 1 head east On King Street. Right turn on Martin Luther King Avenue. Home will on right side near end of street.
Interior
Interior Features Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Walk-In Closet(s)
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric
Flooring Laminate, Tile
Furnishings Unfurnished
Laundry In Unit
Exterior
Parking Features Off Street
Fence Back Yard
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Metal
Porch Deck, Front Porch
Garage No
Private Pool No
Building
Lot Description Historic Area
Sewer Public Sewer
Water Public
Architectural Style Craftsman, Historic
Structure Type Frame,Wood Siding
New Construction No
Schools
Elementary Schools Ketterlinus
Middle Schools Sebastian
High Schools St. Augustine
Others
Senior Community No
Tax ID 2121100000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.zillow.com/view-imx/3a4bb397-bed7-41f8-a269-06f7e052f683?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
NEARBY SCHOOLS & PROPERTIES
"People Before Property"
Assisting buyers and sellers in achieving their goals is literally what I love to do!