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1910 STATE ROAD 16, Saint Augustine, FL, 32084 | $2,200,000
272 Foot Frontage for this 2. 75 ac parcel on the East side of driveway. This parcel has 2. 1 ac fronting SR 16 and would have roughly a . 65 ac proportionate share in the retention pond. This is directly on SR 16 which is the Main commercial highway in and out of Old St. Augustine, Fl. . The 1900 Site W of drive is 3. 3 acres with approx 412 feet fronting 16 plus roughly a . 8 ac share in the retention pond (totaling 4. 1 acres). Please note that the 1900 (listing # 2114333) & this 1910 SR 16 listings are both part of the same 8. 3 ac parcel but with different approaches as to how it is subdivided & marketed. . To be clear there are two engineer generated site plans for this site depending on the developers vision and needs.
Approx 5 acres of the 8. 3 acres are wet. Owners are in the process of getting the permits required to impact the wetlands.
Owners will consider paying a portion of the impact fees depending on contract price. Virtually all of SR 16 East of I-95 has become a High Demand/High Traffic Area. The majority of sites available two years ago are now in some phase of review, prep for closing or development. 3 of the 4 new housing projects in this market area are directly to 16 (please see pics regarding these developments).
On last review there were only two other larger parcels available in the area. One had 200 ft and the other 225 feet of Frontage on 16. These two sites have since gone under contract.
Features
- Property Type: Mixed Use
- Current Use: Commercial, Investment, Mixed Use
- Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
- Parking: Garage, Off Street, Parking Lot
- Year Built: 1983
- Approx Sq. Feet: 3,000
- Acreage: 2.75
- Est. Taxes: $13,906
- Lot Desc: Split Possible, Wetlands, Uplands
- MLS#: 2141577
- Days on Market: 74 days
- Website: https://www.raveis.com
/prop/2141577/1910stateroad16_saintaugustine_fl?source=qrflyer
Listing courtesy of FLORIDA HOMES REALTY & MTG LLC
William Raveis Family of Services
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888.699.8876
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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305.922.5393
Pedro.Delgadillo@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1910 STATE ROAD 16, Saint Augustine, FL, 32084
$2,200,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,760,000 | $1,760,000 | $1,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,159 | $1,159 | $1,159 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,271 | $10,552 | $14,852 |
| Total Monthly Payment | $11,555 | $11,836 | $16,136 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388