💰 $70K+ Revenue on This $595K St. Augustine STR
🏛️ $595K for a proven Airbnb with a 4.98★ rating, 127 reviews + just a 5-minute walk to downtown.
Alex Veytsman
October 04, 2026
🏛️ $70K+ Revenue on a $595K St. Augustine STR Just 5 Minutes From Downtown
💰 St. Augustine, FL • $595K • $70K+ Gross Revenue in the Last 12 Months • ~11.8% Gross Revenue-to-Price • 4.98★ • 127 Reviews • Top 5% Guest Favorite • Fully Furnished
📩 Interested?
💰 $70K+ in the Last 12 Months + A 4.98-Star Track Record
This one combines something we always like to see: actual revenue history and an exceptional guest track record.
This fully furnished St. Augustine STR has generated more than $70,000 in Airbnb gross income over the last 12 months, while earning a 4.98-star rating across 127 reviews.
It's also an Airbnb Guest Favorite ranked among the top 5% of homes, giving a new owner an established property with substantial social proof.
At the $595K asking price, $70K of gross revenue over the last 12 months represents approximately:
11.8%+ Gross Revenue-to-Price Ratio
And location is a major part of the story—the property sits in historic Lincolnville and is just a 5-minute walk from downtown St. Augustine's restaurants, shopping and attractions.
🏡 The Asset + Investment Story
78 Martin Luther King Avenue, St. Augustine, FL 32084
💰 Price: $595,000
💵 Gross Airbnb Income, Last 12 Months: $70,000+
📊 Gross Revenue / Price: ~11.8%+
🔢 Price / Last 12 Months Gross Revenue: ~8.5x
🛏️ 3 Bedrooms + Office
🚿 2 Bathrooms
📐 1,250 Sq Ft
⭐ 4.98 Airbnb Rating
💬 127 Reviews
🏆 Airbnb Guest Favorite — Top 5% of Homes
🛋️ Fully Furnished
🚶 ~5-Minute Walk to Downtown
🏖️ Short Drive to the Beaches
🌳 Large Fenced Backyard + Custom Deck
The investment case isn't built around a projection. The property has already generated $70K+ over the last 12 months while maintaining a near-perfect Airbnb rating across more than 125 guest reviews.
For a buyer, that's a combination of existing revenue, a proven guest experience and a highly walkable tourism location rather than starting a new STR from scratch.
🚶 A 5-Minute Walk to Downtown St. Augustine
For an STR, the location may be the property's biggest competitive advantage.
The home sits on a quiet street in historic Lincolnville, yet guests can walk to downtown St. Augustine's restaurants, shopping and attractions in approximately five minutes.
The beaches are also just a short drive away.
That gives guests the ability to build a trip around both historic downtown St. Augustine and the beach, while leaving the car parked at the property when heading downtown.
And parking shouldn't be an issue—the property has space for up to five vehicles.
⭐ 4.98 Stars Across 127 Reviews
Revenue matters, but this property's Airbnb track record gives additional context to those numbers.
A 4.98-star rating across 127 reviews is particularly notable because it's been achieved across a meaningful number of stays—not just a handful of early reviews.
The listing is also designated an Airbnb Guest Favorite in the top 5% of homes.
For an investor acquiring an existing STR, that kind of established guest reputation can be a meaningful asset alongside the property's physical features and revenue history.
🔨 Renovated in 2023 + Fully Furnished
The home underwent a substantial renovation in 2023 through a full permitting process, according to the listing.
Updates included:
New windows
New plumbing
New electrical
New A/C
Updated bathrooms
LVP flooring
Modern fixtures
Interior + exterior paint
The remodeled kitchen adds quartz countertops, soft-close cabinetry, tile backsplash and stainless-steel appliances.
Outside, there's a large fenced backyard with a custom-built deck, giving guests additional private space for relaxing and entertaining.
And because the property is being offered fully furnished, it's positioned as a relatively turnkey STR acquisition.
💸 Financing
With $70K+ in Airbnb gross income over the last 12 months, this is the type of established STR where historical rental performance may be useful when exploring financing.
Depending on the borrower, property and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing options.
If you're trying to determine what your down payment could look like, whether the property's historical rental revenue can help it qualify, or which loan structure makes the most sense for your situation, our STR lending partner can help walk you through the options.
📍 Looking for an STR? Get Connected With Our Local STR Agent Partners
We've developed new relationships with STR-specific agents and agent teams in some of the best short-term rental markets in the country.
These partners specifically understand STR investors—from identifying the right pockets and properties to understanding local regulations, revenue potential and the amenities that help drive bookings.
Looking in one of these markets? Get connected directly with our local STR agent partner:
🌴 Tampa / Orlando — Theme park tourism
🌴 Tampa / St. Pete (Agent #2) — Gulf Coast appeal + year-round sunshine
🏰 Kissimmee / Davenport — Disney demand + family vacation traffic
⛰️ Smoky Mountains — National park traffic
🤠 Houston / Galveston — Big-city demand
🎸 Nashville — Bachelorette capital of the U.S.
🌄 Blue Ridge — Mountain getaway charm
🍂 Shenandoah Valley — Scenic mountain escapes
🏜️ Sedona & Scottsdale — Desert luxury + year-round sunshine
🌵 Phoenix — Desert sunshine + major event demand
🏔️ Asheville — Mountain charm + year-round tourism
🌴 South Florida — Beaches + year-round sunshine
🏡 Want Help Buying the Right STR?
Finding a property is only one part of building a successful STR. We partner with a team that helps investors with the whole process: market selection, property search, underwriting, design, amenities and operations.
They can help with:
📍 Market Selection
🔎 Property Search
📊 Deal Underwriting
🎨 Design + Furnishing
🔥 Revenue-Driving Amenities
⚙️ Launch + Operations
In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.
To date, they've helped investors acquire 375+ properties, generating $60M+ in rental revenue with $25M+ in estimated tax savings.
Whether you need help deciding where to buy, which property to choose, what it could generate or how to design and amenity it, they can help throughout the process.
💰 Thinking About Selling Your STR?
Already own a short-term rental and thinking about selling?
The Offer Sheet can put your property directly in front of an audience of active STR investors who are specifically looking for vacation rentals, including properties with proven revenue histories.
Whether your property is listed publicly or you want to explore an off-market sale, we can help get it in front of potential buyers.
Have a strong-performing Airbnb, unique vacation rental, or turnkey STR you may consider selling? Send it our way.
🎯 Why This One Stands Out
💰 $70K+ in Gross Revenue Over the Last 12 Months — actual historical performance rather than a future projection.
⭐ 4.98 Stars Across 127 Reviews — an unusually strong guest track record.
🏆 Top 5% Airbnb Guest Favorite — substantial existing social proof.
🚶 5-Minute Walk to Downtown — guests can access St. Augustine's restaurants, shopping and attractions without getting in the car.
🔨 Renovated in 2023 — including major updates to plumbing, electrical, windows and A/C.
🛋️ Fully Furnished — positioned as a turnkey acquisition.
⚡ Bottom Line
$595K. $70K+ in the Last 12 Months. 4.98 Stars. 127 Reviews. 5-Minute Walk to Downtown.
This property's appeal isn't just the $70K+ in Airbnb gross revenue over the last 12 months—it's the track record behind it.
A 4.98 rating across 127 reviews, top-5% Guest Favorite designation and highly walkable historic location show that guests have already responded extremely well to the property.
Add a 2023 renovation, full furnishings, large fenced backyard and proximity to both downtown St. Augustine and the beaches, and you've got an established STR with a proven operating history at a sub-$600K asking price.
📩 Interested in This Property?
