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5940 Us Highway 1 North

St Augustine, FL 32095
  • $3,500,000
  • STATUS: Active Under Contract
  • ON SITE: 117 Days
  • MLS #: 221881
Under Contract
UPDATED: 47 min ago
$3,500,000
  • 10
    BEDS
  • 5.17
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 2,843
    SQFT
  • $1,231
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1945
County:
Area:
01

School Information

Elementary School:
Middle School:
High School:

Description

This property consists of 6 Parcels for a total of 5.17 Acres. The property is zoned CI, OR, & RG1 with a mixed use of commercial rental properties, residential rental properties, and a primary residential home. Most tenants are long term, but not on written leases. Perfect for a redevelopment opportunity, there is over 275 feet of frontage on US 1 North, with access from US1 as well as from the back side of the parcels on Capo Island Road. Currently the property owner uses the rear mobile home as living quarters that consists of 3411 conditioned sq ft with 4 bedrooms, 3 bathrooms, and a massive addition on the rear for entertaining. There are multiple outbuildings and sheds on that parcel as well. The parcels in front of that one include a single wide mobile home, a duplex, and a block single family home all providing income. The parcels that front the highway are currently commercial businesses and include a 3 bay warehouse used for the owners personal business, an brick building with lot rented to a paver company, and a 6,356 sq ft warehouse and additional lot that is leased to a golf cart business. All of the contiguous parcels are high and dry, and located in flood zone X. Seller will not split parcels or sell separately. Included Parcel #'s 0745500010, 0745500060, 0745500020, 0745500070, 0745500040, & 0745500050. Please do not approach tenants, and listing agent must accompany showings.

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© 2022 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 Better Homes & Gardens Real Estate Thomas Group. Data last updated 2022-06-27T18:31:09.05.
www.thomasgrouprealty.com/homes/126250261
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5940 Us Highway 1 North St Augustine, FL 32095

  • Price: $3,500,000
  • Status: Active Under Contract
  • On Site: 117 Days
  • Updated: 47 min ago
  • MLS #: 221881
10
Beds
8
Baths
0
½ Baths
5.17
Acres
2,843
SQFT
$1,231
$/SQFT
1945
Built
Neighborhood:
None
County:
Saint Johns
Area:
01
Elementary School:
Ketterlinus Elementary
Middle School:
Sebastian Middle
High School:
St. Augustine High
Property Description
This property consists of 6 Parcels for a total of 5.17 Acres. The property is zoned CI, OR, & RG1 with a mixed use of commercial rental properties, residential rental properties, and a primary residential home. Most tenants are long term, but not on written leases. Perfect for a redevelopment opportunity, there is over 275 feet of frontage on US 1 North, with access from US1 as well as from the back side of the parcels on Capo Island Road. Currently the property owner uses the rear mobile home as living quarters that consists of 3411 conditioned sq ft with 4 bedrooms, 3 bathrooms, and a massive addition on the rear for entertaining. There are multiple outbuildings and sheds on that parcel as well. The parcels in front of that one include a single wide mobile home, a duplex, and a block single family home all providing income. The parcels that front the highway are currently commercial businesses and include a 3 bay warehouse used for the owners personal business, an brick building with lot rented to a paver company, and a 6,356 sq ft warehouse and additional lot that is leased to a golf cart business. All of the contiguous parcels are high and dry, and located in flood zone X. Seller will not split parcels or sell separately. Included Parcel #'s 0745500010, 0745500060, 0745500020, 0745500070, 0745500040, & 0745500050. Please do not approach tenants, and listing agent must accompany showings.
Exterior Features

Acreage 1+ Acres Dock YN No Entry Level Ground Level Lot Size 43560 New Construction YN No Style Manufactured Waterfront YN No

Interior Features

Master Bedroom Level 1 Personal Property None

Property Features

Bank Corporate Owned YN No Cdd YN No Hoa YN No Short Sale YN No Source Of Measurement Tax Records Tax Year 2021 Taxes 3500.35 Zoning Ci

Listing courtesy of Great Expectations Realty.


© 2022 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 Better Homes & Gardens Real Estate Thomas Group. Data last updated 2022-06-27T18:31:09.05.
 
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