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Ad #7834674
MLS #FC315697
Listing photo

Priced Below Appraised Value | Lincolnville's Best Value Per

166 MARTIN LUTHER KING AVE, ST Augustine, FL 32084
$495,000
3Beds
2Baths
1,708Sqft
0.11Acres

About this property

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.

Property Features

3 Beds
2 Baths
1,708 Sqft
Built in 1930
0.11 Acres
Siding: Frame
Metal Roof
Central
$7,317 / yr property tax
Saint Johns County
BUE ESPERANZA SUB Community

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Frank Perez-Andreu

Keller Williams Atlantic Partners St. Augustine

904-501-9896

Location

Map
Listing Agent: Frank Perez-Andreu (License #: 3299624) 904-501-9896
Broker: Keller Williams Atlantic Partners St. Augustine 904-747-7442 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026

Photo Gallery

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Priced Below Appraised Value | Lincolnville's Best Value Per - photo 47
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Priced Below Appraised Value | Lincolnville's Best Value Per - photo 50

$495,000

3
Beds
2
Baths
1,708
Sqft

166 MARTIN LUTHER KING AVE, ST Augustine, FL 32084

By contacting this agent you agree to these Terms and Conditions.
Home Florida St Augustine
Priced Below Appraised Value | Lincolnville's Best Value Per - photo 1
Priced Below Appraised Value | Lincolnville's Best Value Per - photo 2
Priced Below Appraised Value | Lincolnville's Best Value Per - photo 3
Priced Below Appraised Value | Lincolnville's Best Value Per - photo 4
Priced Below Appraised Value | Lincolnville's Best Value Per - photo 5
MLS# FC315697
Home For Sale

Priced Below Appraised Value | Lincolnville's Best Value Per

$495,000

166 MARTIN LUTHER KING AVE, ST Augustine, FL 32084

3
Beds
2
Baths
1,708
Sqft
0.11
Acres
$495,000
166 MARTIN LUTHER KING AVE, ST Augustine, FL 32084
3 Beds
2 Baths
1,708 Sqft
0.11 Acres
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.
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Property Details

HOME DETAILS

3 Beds
2 Baths
1,708 Sqft
Built in 1930
0.11 Acres

EXTERIOR

Siding: Frame
Metal Roof

INTERIOR

Central

FINANCIAL & COMMUNITY

$7,317 / yr property tax
Saint Johns County
BUE ESPERANZA SUB Community
See More Details

Location

Map
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Ad Statistics

Ad Number
7834674
Viewed
0 time
Listing Status
Active
Added
Jun 26, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
Stellar MLS
Source Property ID
FC315697
Listing Agent: Frank Perez-Andreu (License #: 3299624) 904-501-9896
Broker: Keller Williams Atlantic Partners St. Augustine 904-747-7442 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Request Information

By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.11
Terms & Policy