3940 STATE ROAD 16 St Augustine, FL $ 2,495,000
3940 STATE ROAD 16
$ 2,495,000
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3940 STATE ROAD 16

St Augustine, FL, 32092
$ 2,495,000
Baths0.0 Sq 720

Monthly Estimate*

$ 16,583

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Studio

Commercial Property for sale in St Augustine, FL

for $2,495,000. This 720 square foot building was built in 1973.

Owner Financing Available w/ 20% Down. Prime Redevelopment Opportunity - 26 acres with 500 Ft of highway frontage - 7.57 acres estimated uplands & the remaining 18.69 providing a wetland buffer primarily along the back of the property. This property features split zoning CI/CHT/RMH & a Rural/Silviculture future land use designation. The Subject site has a quadrilateral shape, and has approximately 500 front feet along the north side of S.R. 16. The annual average daily traffic count according to the FDOT is 18,500. The property currently has a recently renovated 812 sqft mobile home with a 1,020 sqft wood frame canopy area at the front, and a 232+ square foot wood frame canopy area at the rear for dry storage. Other improvements include a pole barn with a concrete slab, a smaller pole barn with a dirt floor, and a small wooden shed. The property is located on the north side of S.R. 16, across the roadway from Kohler Road. The property is fully fenced and partially cleared. Currently the parcel is serviced by well and septic, but Potable water service can be provided by the NW Water Treatment Plant (WTP) by connection to the existing 20-inch water main along SR16. The wastewater capacity can be provided by the SR16 Wastewater Treatment Plant (WWTP) by connection to the existing 12-inch force main along SR16. New Survey, Wetlands delineation, and Phase 1 Cultural Resource Assessment are available upon request.

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Commercial Active

Price

$ 2,495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Year Built

1973

Town/City

St Augustine

County/Region

Saint Johns

MLS | Web ID

1251801

Features
General
Sewer Septic Tank
Year Built 1973
Property SubType Mixed Use
Current Use Commercial
County St. Johns
New Construction 0 None
Property Type Commercial Sale
HOA / Comm Assn N
Status Active
Directions north on S Ponce De Leon Blvd left onto W King St right onto N Volusia St At the traffic circle take the 2nd exit onto 4 Mile Rd Turn left onto FL-16 W Destination will be on the right
City St Augustine
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
MLS Area 308-World Golf Village Area-SW
Lot Size Square Feet 0.0
Waterfront Y/N N
Street Name STATE ROAD 16
Listing Terms Cash Conventional
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 308-World Golf Village Area-SW
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 238
Standard Status Active
Cash True
Conventional True
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Exterior
Lot Features Irregular Lot Wooded
Lot Size Area 0.0
Spa N
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 3940
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* Excluded Features
List By
Great Expectations Realty

Broker

jenadennis@gerealty.us

Email

Affordability Calculator

$16,583
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,583
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2024$2,495,000 -7.25% Price Down
2/6/2024$2,690,000 -0.37% Price Down
1/2/2024$2,700,000 -6.90% Price Down
10/9/2023$2,900,000 Listed Price

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3940 STATE ROAD 16, St Augustine, FL, 32092 is a Commercial Property for sale at $2,495,000 with 720 sqft. 3940 STATE ROAD 16 is a studio with 0.0 baths and was built in 1973. The property's zip code is 32092 which is in St Augustine, FL