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    216, 218 Fl-16

    St Augustine, FL 32084
    • $2,100,000
    • STATUS: Active
    • ON SITE: 68 Days
    • MLS #: 1125732
    UPDATED: 237 min ago
    $2,100,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1952
    County:

    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 ⅔ 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 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Cotton Team 904 | Round Table Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2021-10-21T00:24:41.537.

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    216, 218 Fl-16 St Augustine, FL 32084

    • Price: $2,100,000
    • Status: Active
    • Updated: 237 min ago
    • MLS #: 1125732
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    1952
    Built
    Neighborhood:
    33-St Johns County-Se
    County:
    St. Johns
    Area:
    33-St Johns County-Se
    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 ⅔ 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

    Building Stories 2 Stories Lot Description Regular Lot Navigable To Ocean YN No Parking Facilities Other Parking Road Surface Asphalt Road Waterfront YN No

    Interior Features

    Total Bldg Sq Ft 4331.00

    Property Features

    Buildings 3 Buildings Commercial Type Investment Current Zoning Ci Development Status Other Present Use Zoned CommercialHotel/MotelRes - Multi-FamilyRetail Square Foot Source Tax Roll Type Potential Use Bed & BreakfastBusinessBusiness With ReCommercialFull Service LeaseHotel/MotelInvestmentMini WarehouseMulti-FamilyOtherRetail Units 5 - 10 Units Use Of Adjacent Area CommercialMulti-FamilyResidential Utilities Water - Public

    Listing courtesy of Exp Realty Llc.


    © 2021 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Cotton Team 904 | Round Table Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2021-10-21T00:24:41.537.

    Digital Millennium Copyright Act
     
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    The Cotton Team 904 | Round Table Realty
    1637 Race Track Rd. #100
    St Johns FL, 32259