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216, 218 State Road 16

St Augustine, FL 32084
  • $2,100,000
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 215868
UPDATED: 46 min ago
$2,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,331
    SQFT
  • $485
    $/SQFT
Neighborhood:
05N
Type:
Commercial
County:
Area:
05N

School Ratings & Info

Description

This is a rare opportunity to own a stabilized income producing trio of parcels located at the high visibility intersection of Masters and SR 16. With almost ? of an acre, the parcels have over 170 feet of frontage on SR 16 just where traffic enters and exits St. Augustine to and from 95. Seven fully furnished units plus an operating, high visibility, car dealership bring in income which can be further increased by converting to short term rentals with its generous CI (Commercial Intensive) zoning. Or, use the nearly square configured combined lots for the highest and best use by maximizing the CI zoning. As St Augustine grows, the intersection of Masters and SR 16 is one of the highest passed locations, giving any business exceptional exposure.

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© 2021 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The Newcomer Group. Data last updated 2021-10-26T07:30:33.24.
www.thenewcomergroup.com/homes/120455838
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216, 218 State Road 16 St Augustine, FL 32084

  • Price: $2,100,000
  • Status: Active
  • Updated: 46 min ago
  • MLS #: 215868
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,331
SQFT
$485
$/SQFT
Neighborhood:
05N
County:
Saint Johns
Area:
05N
Property Description
This is a rare opportunity to own a stabilized income producing trio of parcels located at the high visibility intersection of Masters and SR 16. With almost ? of an acre, the parcels have over 170 feet of frontage on SR 16 just where traffic enters and exits St. Augustine to and from 95. Seven fully furnished units plus an operating, high visibility, car dealership bring in income which can be further increased by converting to short term rentals with its generous CI (Commercial Intensive) zoning. Or, use the nearly square configured combined lots for the highest and best use by maximizing the CI zoning. As St Augustine grows, the intersection of Masters and SR 16 is one of the highest passed locations, giving any business exceptional exposure.
Exterior Features

Lot Size .64 Acres

Interior Features

Office Sq Ft 512

Property Features

Bank Corporate Owned YN No Business Description N/A Business Name N/A Cdd YN No Short Sale YN No Type Of Property Investment

Listing courtesy of Exp Realty Llc.


© 2021 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The Newcomer Group. Data last updated 2021-10-26T07:30:33.24.
 
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The Newcomer Group
770 A1A Beach Blvd Suite D
St. Augustine FL, 32080
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