BEDS3
BATHS2 full
SQUARE FEET1,708
MLS#FC315697
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONBUENA ESPERANZA
Property Description
Priced Below Appraised Value | Lincolnville's Best Value Per Square FootFor 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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.11 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $7,317
Year Built: 1930
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Open Floorplan
Primary Bedroom Main Floor
Thermostat
Window Treatments
Private Mailbox
Private Yard
Sidewalk
Feature Descriptions
Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Range, Washer
Days on Site: 143
Directions: From US 1 head east On King Street. Right turn on Martin Luther King Avenue. Home will on right side near end of street.
Exterior: Frame
Flood Zone Code: AE
Flooring: Tile, Wood
Foundation: Crawlspace
Home Warranty Y/N: Yes
Listing Terms: Cash, Conventional, FHA
Lot Dimensions: 0.11
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, Listing Agent Must Accompany, No Lockbox
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RES
Room Sizes
Living Room: 20x16
Dining Room: 16x12
Kitchen: 14x12
Primary Bedroom: 20x12
Bedroom 2: 17x12
Bedroom 3: 12x10
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG)
Agency Contact: 904-797-7442
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,855.78 per month $1,101.66 Principal & Interest $609.75 Property Tax $144.38 Homeowner's InsuranceChange Payment Information
166 Martin Luther King Avenue | MLS# FC315697
This single family home located at 166 Martin Luther King Avenue, Saint Augustine, FL 32084 is currently listed for sale with an asking price of $495,000. This property was built in 1930 and has 3 bedrooms and 2 full baths with 1708 sq. ft. Martin Luther King Avenue is located in the BUENA ESPERANZA subdivision. Search BUENA ESPERANZA real estate on www.realtymark.net today.