5643 State Road 16, St. Augustine, FL 32092

$1,225,000

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List Price
$1,225,000
Price Change
▼ $260,000 1709607369
MLS#
1179381
Status
ACTIVE UNDER CONTRACT
Type
Land
County
St. Johns
City
St. Augustine
Neighborhood
309-World Golf Village Area-West
Subdivision
Metes & Bounds
Acres
2.96

Property Description

This unique property consists of two parcels (PIN: 028740-0070 & 028740-0020) being sold together, totaling 2.96 acres with 187 feet of frontage. Currently zoned OR, the property's highest and best use would be a rezoning to Commercial PUD, taking advantage of the prime location with an annual average daily traffic count of 9,100. Additionally, the existing two homes could provide possible impact fee credits if maintained as residential. The first home is a meticulously maintained concrete block structure featuring a screened patio, sidewalks surrounding much of the house, and a detached garage with wraparound porches. This clean, well-kept space could easily serve as an office. The second home offers a more modest design with a semi-open, split floor plan. This versatile property offers a range of opportunities, whether kept residential or transformed for commercial use. Don't miss out on this prime investment opportunity!

Additional Information

Lot Description
Few Trees
Utilities
Electricity Connected

Listing courtesy of GREAT EXPECTATIONS REALTY.

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