1401 State Road 207, Saint Augustine, FL, 32086 | $14,500,000

This 19. 27± acre assemblage is strategically located within one of St. Johns County’s active growth corridors and offers multiple development paths under existing zoning and future land use designations. This highly visible property is 2 miles from I-95, consists of three parcels with Mixed-Use Future Land Use, including CI-zoned frontage along SR 207 and an RS-3 zoned parcel at 1555 Lightsey Road. The Lightsey parcel with current zoning allows up to 36 single-family residential lots with a minimum ¼-acre lot size, central water and sewer, and underground electric, providing a clearly defined residential yield as-of-right. The SR 207 CI parcels may be developed under existing zoning without a PUD, with residential density generally estimated around 13 units per acre, subject to site design, wetlands, buffers, and infrastructure requirements. Existing improvements include a 960 SF professional office, pole barn, storage shed, curb and gutter driveway cut and gated/fenced perimeter. Additionally, the Lightsey parcel offers a 2, 700sf residence with 3BR/2. 5BA plus den with a 2 car garage! The site totals 19. 27 acres, with approximately 685 feet on State Road 207, 12. 70 acres of uplands and 6. 57 acres of wetlands, based on an available wetland survey. Utilities including water, power, and gas are available in the SR 207 corridor and are not anticipated to be a limiting factor. A Planned Unit Development (PUD) is not required, though a future owner may elect to pursue one to modify density, unit mix, or site design. Preliminary discussions with St. Johns County representatives in 2025 indicate openness to continued engagement for future development concepts; however, no formal approvals or determinations have been issued. Conceptual site plans and planning materials are available for illustrative purposes only. This property presents a rare opportunity for residential or mixed-use development in a high-growth area with defined entitlements, planning flexibility, and strong long-term potential. Surrounding properties include Dollar General, RV Park, 3 Gas & Convenience stores, Automotive Repair, Assisted Living Facility, Treaty Oaks Publix plaza with Starbucks, single-family communities and a 256 unit multi-family community adjacent to the subject property. Don't miss this prime opportunity.

Features

  • Current Use: Other-See Remarks
  • Cooling: Central A/C,Electric
  • Zoning: CI
  • Lot Size: 168141
  • Approx Sq. Feet: 960
  • Acreage: 19.67
  • Est. Taxes: $14,066
  • MLS#: 260514
  • Days on Market: 71 days
  • Website: https://www.raveis.com
    /prop/260514/1401stateroad207_saintaugustine_fl?source=qrflyer
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Listing courtesy of Keller Williams St Augustine

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NMLS Mortgage Loan Originator ID 16953

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1401 State Road 207, Saint Augustine, FL, 32086

$14,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $11,600,000 $11,600,000 $11,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.251% 6.235% 6.183%
Monthly Tax Payment $1,172 $1,172 $1,172
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $67,694 $70,483 $97,887
Total Monthly Payment $68,991 $71,780 $99,184

* 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.