# 166 MARTIN LUTHER KING AVENUE, Saint Augustine, FL 32084

> **TL;DR:** 3bd/2ba single family, $495,000 ($290/sqft), built 1930, 1,708 sqft. Est. $2,145/mo. Listed 148 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $495,000 |
| Price/sqft | $290 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,708 |
| Year Built | 1930 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 148 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,145 |
| **Total** | **$2,145** |

## Property Highlights

- Built in 1930
- 0.11 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 166 MARTIN LUTHER KING AVENUE, Saint Augustine, FL 32084
- **County:** St Johns
- **Neighborhood:** BUENA ESPERANZA SUB
- **Coordinates:** 29.880995, -81.313281
- **Google Maps:** https://www.google.com/maps?q=29.880995,-81.313281

## Listing Agent

- **Name:** Frank Perez-Andreu
- **Brokerage:** KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG)
- **Phone:** 9045019896
- **Email:** frank@frankperezandreu.com

## Primary Photo

![166 MARTIN LUTHER KING AVENUE - Primary Photo](http://lh.rdcpix.com/436b1a0dc51f5a47999e36b28a7bb479l-f3567260514r.jpg)

*60 total photos available on [listing page](https://www.propertysimple.com/listing/166-martin-luther-king-avenue-st-augustine-fl-32084-fc315697)*

---

**MLS#:** FC315697 | **Updated:** 2026-06-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/166-martin-luther-king-avenue-st-augustine-fl-32084-fc315697)

---

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