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Located in the heart of historic St. Augustine, 5 Palm Row offers a unique opportunity to lease professional office space within the city's downtown district. The property consists of a 2, 964 square foot, fully conditioned two-story office building situated on historic Palm Row providing a more controlled and quiet environment while still being within immediate proximity to the restaurants, retail, and attractions that define downtown St. Augustine.
The building features a practical two-level office layout with existing configuration of 11 units and is suitable for a variety of professional and administrative uses. The interior can accommodate multiple offices, meeting areas, or collaborative workspaces. Call to discuss tenant improvement options and lease terms. Businesses located here benefit from being positioned within one of Florida's most established historic markets, where consistent tourism and a strong local population support nearby commercial activity year-round.
A private on-site parking lot serves the property, providing dedicated parking for tenants and visitors--an amenity that is increasingly difficult to find in the downtown St. Augustine area. The combination of private parking, a quieter street setting, and walkable access to the historic downtown core makes the property well suited for professional offices, consulting firms, creative studios, or other service-based businesses seeking a recognizable and convenient location.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$8,398
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $6,718 | $6,718 | $6,718 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $1,148 | $1,148 | $1,148 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $41 | $43 | $56 |
| Total Monthly Payment | $1,264 | $1,266 | $1,279 |
* 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.