
41 1/2 Madeore St Saint Augustine, FL 32084
West Augustine NeighborhoodEstimated payment $5,415/month
About This Home
Exceptional Historic Multi-Family Estate on a Full Acre in the Heart of St. Augustine. Discover a rare opportunity to own a truly distinctive property in the nation's oldest city. A Massive magnolia, giant juniper, old growth palms and lovely live oak trees help frame a peaceful landscape while only being .6 miles from the center of downtown Saint Augustine. Set on a lush, tree-lined 1-acre parcel within the city limits of historic St. Augustine, this multi-family estate blends timeless charm with income-generating potential and exciting redevelopment possibilities. The property features two renovated, tenant-occupied apartment units, providing immediate rental income. The main house full of vintage character, awaits your vision whether that means restoring it into a romantic showpiece or replacing it to accommodate a larger development (subject to city approval). With multi-family zoning already in place, the options are abundant: expand the existing residences, add new units, create additional green spaces, or build a private family compound. Generous off-street parking, space for gardens or outdoor amenities, and an unbeatable location just minutes from downtown St. Augustine, Flagler College, and the beaches make this a truly valuable offering. Whether you’re an investor, developer, or someone dreaming of a one-of-a-kind generational estate, this property offers endless potential and historic significance. Properties of this size and flexibility rarely come to market in St. Augustine—don’t miss your chance to shape its next chapter.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,534
Year Built
- Built in 1862
Lot Details
- 1 Acre Lot
- Property is zoned RG-1
Home Design
- Split Level Home
Interior Spaces
- 2,744 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Osceola Elementary School
- R. J. Murrey Middle School
- St. Augustine High School
Listing and Financial Details
- Assessor Parcel Number 123591-0030
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/29/2025 07/29/25 | For Sale | $850,000 | +639.1% | $310 / Sq Ft |
10/15/2015 10/15/15 | Sold | $115,000 | -23.3% | -- |
09/24/2015 09/24/15 | Pending | -- | -- | -- |
01/23/2015 01/23/15 | For Sale | $150,000 | -- | -- |
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Source: St. Augustine and St. Johns County Board of REALTORS®
MLS Number: 254397

APN: 123591-0030
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