1900 State Road 16, Saint Augustine, FL, 32084 | $7,974,000

412 Feet of Frontage per each 3. 5 acre parcel or 823. 5 Frontage for both (per tax roll). This is directly on State Road 16 which is the Main Road in and out of Old St. Augustine, Fl. On last review there were only two other larger parcels available in the area. One had 200 ft & the other 225 feet Frontage on 16. Note that the 1900 and the 1910 (Listing # 255877) SR 16 listings are the same parcel of land with different approaches as to how it is marketed & developed. To be clear there are two engineer generated site plans in the works for this site depending on the developers vision & needs. Virtually all of SR 16 has become a High Demand/High Development Area. The vast majority of sites available two years ago are now in some phase of development. 3 of the 4 new housing projects in the area have recently come directly to 16 (please see pics regarding these developments). The upscale Tapestry located just to the West of subject site finished construction & is currently leasing. Another in the 1100 block of SR 16 & another in the 800 to 900 blk of 16 starts construction in Q1 2026. 2 of the 3 new housing starts are for 300+. The 4th housing development (Terrassa) is just N of 16 and E. of I-95 where the high end outlet mall was. Terrassa is also over 300 luxury apts. This high growth area is in need of commercial services to satisfy Mushrooming demand. Due to exposure this site qualifies as Prime. Non-residential projects being built on 16 include a dental bldg w a coffee shop and an emergency care bldg in the 800 block. An exotic car dealership (Sunday Drive) is coming soon to the 2100 block of 16. Lastly Atlantic Marine is soon to build a new boat showroom in the 2200 block of SR 16. This 12 acre site is in the process of being planned and permitted for potential entitlements up to 100, 000 sqft. In this 1900 SR 16 site plan there are two smaller outparcels of approx 1. 2 acres in front ideal for QSR's (quick serve restaurants like Five Guys, Cava, BurgerFi or Panda Express, Drive-Thru coffee & Beverage Shops like Dutch Brothers or Ellianos, Banks-Credit Unions, Urgent Care/Medical Office/Vision Care i. e. America's Best Contacts, or Dental like Heartland or Deca Dental. Also needed is a Pharmacy w Drive-Thru. Specialty Retail like Mattress Firm, Auto Zone, O'Reilly's or Wireless Providers. Car washes like Mr. Clean, Tommy's Tidal Wave or Mister Car Wash. Also a good fit for auto accessory shops like Tint World, Black Optix, Line-X or Color Glo. With this 1900 SR 16 site plan, in back of the outparcels there will be two sets of strip stores on either side of the driveway. Both with drive thru end caps. These strips could offer the obvious needed services such as hair and nail salon, barber, dry cleaner, beauty supply, mini bank branches w atm machines, small sit down restaurants, pet care and grooming etc. In back of the strip stores there is a space that can accommodate a large structure with a footprint of 15, 000 sqft and can go up to 5 stories. A structure like that would be ideal for Commercial Flex space, a hotel, or potentially a larger scale bed and breakfast built with an Old St. Augustine motif. A few other options include: Tech Schools, College Satellite facilities, Medical/profession office bldg, Top end (Covered) RV and Boat Storage, Large Scale Fitness Facility, Recreation facilities, Adult & Child Care Centers etc. Please check attached Zoning charts to confirm if your project applies. Although this property currently has a 3000 ft metal structure and two businesses on site W. of the drive, these are not necessarily being considered in the valuation of this property. In the alternate 1910 SR 16 site plan (Listing # 255877) it is geared for the developer and end user looking to take maximum advantage of the top end traffic count of roughly 43K/day (see attachment line 93. 2). Note, the $2. 7M price is for the site on the E. side of the drive. There is a Median Cut already in place on 16 going directly into the drive providing easy access for customers going in either direction. There will be two buildable 3 acre sites on each side plus a 1/2 acre retention in back of each for a total of 3. 5 acres each side. Clients can purchase the full 7 acres or one full side (3. 5 ac) or as little as 1. 15 acres which includes their portion of the retention. Any which way you slice it your client can not possibly get better exposure than these sites afford. These full 3. 5 acre sites will be ideal for your clients looking to build structures in the 15 to 30, 000 ft range such as Convenience stores w gas pumps like Circle K, 7-11, Race Trac or even Buc-ee's. Other good fits are grocers like Trader Joe's, Sprouts, Fresh Market or the popular Fitness Studios Zoning in front CI & CHT in rear DO NOT DISTRURB TENANT!

Features

  • Zoning: CI,CH
  • Lot Size: 523155
  • Lot Desc: Treed,Wetland (if known)
  • Elem. School: Crookshank
  • Middle School: Murray
  • High School: St. Augustine
  • MLS#: 255876
  • Days on Market: 216 days
  • Website: https://www.raveis.com
    /prop/255876/1900stateroad16_saintaugustine_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of St Augustine & St. Johns County Board of REALTORS. The information being provided is 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.

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1900 State Road 16, Saint Augustine, FL, 32084

$7,974,000

Anita Gower

Sales Associate

William Raveis Real Estate

Phone: 508.840.9030

Anita.Gower@Raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,379,200 $6,379,200 $6,379,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.385% 6.223%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $38,247 $39,278 $53,831
Total Monthly Payment $38,372 $39,403 $53,956

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.