St. Augustine sits in the historic STR category — a market profile with specific seasonal patterns, guest expectations, and regulatory considerations. The moderate STR regulatory environment shapes which acquisitions are workable.
St. Augustine, FL is a medium short-term rental DSCR market. Property type: Historic. Median home value approximately $525K. Average nightly rate: $245.
Occupancy rate in St. Augustine averages approximately 58%, which combined with the nightly rate produces gross annual revenue per property of approximately $52K.
St. Augustine historic STR market. STR regulatory environment in St. Augustine: moderate.
St. Augustine seasonality and tourism patterns
Tourist demand in St. Augustine tends toward tourism segments specific to the destination.
St. Augustine STR economics
St. Augustine STR cash flow math: $52K gross revenue minus operating costs of approximately $21K (cleaning, supplies, management, marketing, utilities) leaves roughly $31K for debt service and net cash flow.
St. Augustine specific FAQ
St. Augustine sees varied seasonal patterns. Lenders use annual averaged occupancy in underwriting.
Property type performance varies in St. Augustine. Analyze comparable data via AirDNA.
St. Augustine has moderate STR regulations.
St. Augustine averages approximately 58% occupancy. Premium properties outperform; standard properties cluster near average.
St. Augustine averages approximately $245 per night. Premium units command 1.5-2.5x average.
Full-service STR management in St. Augustine runs 20-35% of gross revenue. Co-host arrangements run 15-25%. Self-management saves the fee but consumes 10-20 hours weekly.
A St. Augustine STR at the median home value of $525K typically requires 25-30% down, furniture and setup ($15K-50K), reserves (6-12 months PITIA), and closing costs. Total initial capital roughly $219K+.
Bottom line for St. Augustine STR investors
The investor profile that succeeds in St. Augustine STR combines local market knowledge or quality co-host management, realistic revenue projections using AirDNA data, and operational discipline. Get those right and St. Augustine STR produces strong risk-adjusted returns.
STR regulations vary by city and change frequently. Verify current local rules before acquisition.