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About This Home

This 3-bedroom, 2-bathroom single family at 166 Martin Luther King Ave in Saint Augustine, FL is listed for $495,000 ($290 per sqft). Built in 1930, the home offers 1,708 sqft of living space on a 0.11 acres lot.

Agent Description

Located in the heart of St. Augustine's sought-after Historic Lincolnville District, this 1930 Craftsman-style residence is priced below appraised value, creating a compelling opportunity for investors, short-term rental operators, or buyers looking to secure a character-rich home with immediate built-in value.

Offering a rare combination of historic character, modern livability, and investment potential, this property stands out in one of the city's most walkable and desirable neighborhoods. Spanning 1,708 square feet, the home features three generously sized bedrooms and two full bathrooms, including a primary ensuite-an uncommon and highly desirable feature for a home of this era.

Classic architectural details, a 2019 metal roof, updated 2021 windows, and an inviting covered front porch all contribute to the home's charm, functionality, and long-term appeal. The open floor plan creates an easy flow between the main living areas and the spacious kitchen, which includes a pantry for added functionality.

A separate laundry room provides everyday convenience, while the rear deck, fenced front and backyard, and mature shade trees enhance the outdoor living experience. With no HOA or CDD, the property offers flexibility and freedom, including strong short-term rental potential, subject to applicable local regulations.

Just minutes from Historic Downtown St. Augustine, dining, entertainment, cultural landmarks, and local amenities, this Lincolnville home delivers authentic Old City character with modern comfort and income-producing possibilities in an exceptional location.

Key Features

  • Built in 1930
  • 0.11 acre lot

Property Details

1 story
2 full
1930

Amenities

A/C

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

166 Martin Luther King Ave

Saint Augustine, FL 32084

Buena Esperanza

Property Details

Flooring

TileLaminate

Construction

Frame Wood

Parking

On StreetOff Street

Heating

CentralElectric (Heating)Heat Pump (Heating)

Cooling

Central AirElectric

Questions & Answers

This 3-bedroom, 2-bathroom single family at 166 Martin Luther King Ave is listed at $495,000 ($290/sqft). The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.11 acre lot.

This property is listed by Frank Perez-Andreu and can be reached at 9045019896 or frank@halleperez.com.

FP

Frank Perez-Andreu

Agent at Keller Williams Realty Atlantic Partners St Augustine

(904) 501-9896

Listed by Keller Williams Realty Atlantic Partners St Augustine · View on Broker Site

MLS# 260469· Source: listhub· Updated 124 days ago

Copyright © 2026 St. Augustine & St. John's County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

166 Martin Luther King Ave, Saint Augustine, FL 32084

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