Price Reduced 17.51%


Price History

$1,485,000
11/29/2023

$1,225,000
3/4/2024


5643 STATE ROAD 16, Saint Augustine, FL, 32092

5643 STATE ROAD 16, Saint Augustine, FL, 32092

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!


Status:

Active

Type:

Lot / Acreage

Subdivision:

Metes & Bounds

Acreage:

2.96

Current Use

Horses, Residential

Utilities

Electricity Connected

Lot Description:

Few Trees

View Description:

Other

MLS #:

1179381


Community Info

School Info

Walk Score

Yelp


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