$4,799,000

For Sale

A year ago

5940 Us Highway 1 N, St. Augustine, FL

Name: 5940 Us Highway 1 N, For Sale in St. Augustine - eXp Realty
Brand: great expectations realty
SKU: 245926
Price: 4799000 USD

MLS® 245926

0 Bed

10 Bath

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $7,283

Days Active 456

Approx. Age 1945

MLS® Number 245926

Property Address: 5940 Us Highway 1 N, St. Augustine, FL, 32095-8007

Average square foot calculated using Size range provided by listing agent.

Description

Motivated seller! Discover an unparalleled investment and redevelopment opportunity with this expansive 5.17-acre property, comprising six contiguous parcels zoned CI, OR, and RG1. Offering a unique blend of commercial and residential rental properties, this property boasts over 275 feet of prime frontage on US Hwy 1 North, with dual access from both US 1 and Capo Island Road. This property features versatile commercial assets, including a three-bay warehouse suitable for various business operations, a brick building with an accompanying lot ideal for commercial ventures seeking high-visibility frontage, and a 6, 356 sq ft warehouse and lot currently leased to a thriving golf cart business eager to remain until redevelopment. The residential component includes a spacious 3, 411 sq ft rear mobile home featuring 4 bedrooms, 3 bathrooms, and a large entertainment-ready rear addition. Multiple outbuildings and storage sheds are also included. Additionally, there is a single-wide, mobile home, a duplex, and a block-constructed single-family home, all generating steady rental income. All parcels are high and dry, located in desirable Flood Zone X, offering mixed-use zoning flexibility that supports diverse development possibilities. Positioned in the growth corridor between St. Augustine and Jacksonville, this property offers immense development potential. The included parcel numbers are 0745500010, 0745500060, 0745500020, 0745500070, 0745500040, and 0745500050. Please do not approach tenants. All property showings must be accompanied by the listing agent. This property presents an extraordinary chance to capitalize on the dynamic growth of US Hwy 1 North. Whether maintained as a profitable investment or redeveloped into a visionary commercial and residential hub, the potential for long-term returns is immense.

MLS® Number245926

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1945

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Dec 16, 2024List Date

$4,799,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing communications (about real estate brokerage and mortgage lending services), that may be delivered to me via email, telephone and/or text messaging (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any of our texts or by emailing [email protected]. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

Explore eXp Find an Agent Join eXp Investor Relations Company Careers Home Guides

eXp Life Zoocasa SUCCESS®SUCCESS® Lending eXp Revenos eXp Commercial eXp Luxury eXp Land and Ranch Accessibility

Terms and Conditions Privacy Rights Request Privacy Policy Cookie Policy Brand Guidelines Help Sitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker