Prime commercial opportunity in the heart of St. Augustine! Positioned near one of the city’s busiest intersections, this high-visibility site boasts a traffic count exceeding 80,000 cars per day and benefits from nearly 7 million annual visitors. Enjoy stunning views of the San Sebastián River, adding a rare and desirable backdrop for a variety of commercial uses. Zoned CM-2, the property allows for retail, restaurants/bars, hotels/motels, fast food, automobile service, and more. Ideal for investors or developers looking to capitalize on strong exposure, heavy traffic, and tourism driven demand. Don’t miss this opportunity to secure a premier location in one of Northeast Florida’s most sought-after markets. We do have preliminary approvals for a 75 room hotel, exploring additional conference space
303 S Ponce De Leon Blvd, Saint Augustine, FL, 32084
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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