Active1 / 54Priced 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
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