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    216, 218 State Road 16

    St Augustine, FL 32084
    • $2,100,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 215868
    UPDATED: 26 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 Keller Williams Realty Atlantic Partners. Data last updated 2021-09-23T20:30:34.143.
    www.teamwhitesell-nefl.com/homes/120455838
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    216, 218 State Road 16 St Augustine, FL 32084

    • Price: $2,100,000
    • Status: Active
    • Updated: 26 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 Keller Williams Realty Atlantic Partners. Data last updated 2021-09-23T20:30:34.143.
     
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    Keller Williams Realty Atlantic Partners
    100 Southpark Blvd, #201
    St Augustine FL, 32086