Buena Esperanza Sub Homes for Sale in St Augustine - 3 homes

Remarks: Priced Below Appraised Value | Lincolnville's Best Value Per Square Foot 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.

Listing is courtesy of: KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG) (904-797-7442)

Listing Agent: Frank Perez-Andreu (904-501-9896)

Remarks: Virtually Staged. Saint Augustine beauty located in historic Lincolnville. Built in 2014, this home captures both the historic charm of St. Augustine and the modern conveniences of today. The elevated main house has two bedrooms upstairs. The primary bedroom has its own private access to the large upstairs balcony providing the perfect place to enjoy your morning coffee. Adjacent to each bedroom is a private half bath and shared shower area. The open concept downstairs is the perfect place for entertaining. The living room has plenty of natural light with several large windows. The living area flows directly into the dining and kitchen area. Quartz counter tops, stainless steel appliances and large kitchen island makes the kitchen both functional and beautiful. This property comes with a detached garage. Above the garage is a spacious studio apartment with a full bathroom and kitchenette. Perfect for visiting guests, a home office or potential rental income. There is plenty of off street parking which will accommodate multiple vehicles. Enjoying the outdoors is easy to do from either of the two inviting and spacious porches. This property has been beautifully landscaped with maintenance free faux grass and beautiful slate pavered walkways. Conveniently located near downtown, it is an easy stroll or bike ride to experience local restaurants, art galleries, quaint shops and historic landmarks. Less than 3 miles to Anastasia State Park and the beach. This home offers the best of Florida living in the "Ancient City" of beautiful Saint Augustine!

Listing is courtesy of: THE KEYES COMPANY (386-428-5723)

Listing Agent: Debra Head (904-891-8725)

Remarks: Move-in ready and tastefully updated, this charming historic cottage in the heart of Lincolnville blends timeless character with thoughtful modern improvements. Located just minutes from downtown St. Augustine, the property offers convenient access to restaurants, galleries, shopping, waterfront attractions, and Trolley Stop #11, while also being approximately one-half mile from the Willie Galimore Recreation Center and community pool. The home carries a documented historic designation and offers 2 bedrooms, 2 full bathrooms, and 745 square feet of efficiently designed living space filled with natural light and character. Exterior features include a large front porch, off-street paved parking, outdoor shower added in 2026, Level II EV charger, stainless steel mesh crawl space enclosure, and transferable termite bond. Recent seller improvements include a 2021 metal roof and heat pump, updated water heater, complete HVAC ductwork replacement completed in 2026, and new gutters installed in 2026. As part of ongoing historic home preservation efforts, professional structural reinforcement has been scheduled and includes a transferable 25-year warranty. Supporting documentation and transferable warranties are available within MLS attachments. Currently operated as a part-time short-term rental with strong guest reviews, the property offers flexibility for use as a primary residence, vacation home, or investment opportunity.

Listing is courtesy of: GREAT EXPECTATIONS REALTY (904-823-3456)

Listing Agent: Amanda Edwards (904-814-2115)