3940 STATE ROAD 16
St. Augustine, FL 32092
MLS# 2132068
Property DescriptionThis ±26.13 acre property at 3940 State Road 16 in St. Augustine, Florida offers an excellent opportunity for commercial or mixed-use development in a rapidly growing corridor. Approximately 7.57 acres of uplands provide about 523 feet of frontage along State Road 16, offering strong visibility and convenient access. The buildable area is zoned Commercial Intensive and Commercial Highway Tourist, allowing for a wide range of uses. The remaining ±18.69 acres consist of RMH-zoned wetlands, creating a natural buffer extending toward Interstate 95. Located near World Golf Village and the St. Augustine Premium Outlets, the property benefits from increasing traffic and surrounding development. State Road 16 continues to emerge as a key retail corridor, enhancing long-term investment potential. Improvements include a renovated office building with front and rear canopies, plus multiple outbuildings including pole barns and a storage shed.
Country: US
Parcel Number: 0290900010
Tax Annual Amount: 12338.82
Tax Year: 2025
Tax Legal Description: 4-1 PT OF G W PERPALL GRANT LYING N OF SR 16 500FT
Zoning Description: Commercial
Lot Size Acres: 26.12
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: Head toward World Commerce Pkwy/World Golf Vlg Blvd, turn left onto World Commerce Pkwy, 0.7 mi Turn left onto S Francis Rd,1.6 mi Turn left onto FL-16 E, Destination will be on the left
Public Remarks: This ±26.13 acre property at 3940 State Road 16 in St. Augustine, Florida offers an excellent opportunity for commercial or mixed-use development in a rapidly growing corridor. Approximately 7.57 acres of uplands provide about 523 feet of frontage along State Road 16, offering strong visibility and convenient access. The buildable area is zoned Commercial Intensive and Commercial Highway Tourist, allowing for a wide range of uses. The remaining ±18.69 acres consist of RMH-zoned wetlands, creating a natural buffer extending toward Interstate 95. Located near World Golf Village and the St. Augustine Premium Outlets, the property benefits from increasing traffic and surrounding development. State Road 16 continues to emerge as a key retail corridor, enhancing long-term investment potential. Improvements include a renovated office building with front and rear canopies, plus multiple outbuildings including pole barns and a storage shed.
List Price/Acre: 114471.67
Agricultural: 1
Commercial: 1
Sewer Available: 1
Water Available: 1
Current Price: $2,990,000
Property Sub Type: Unimproved Land
Status: Active
List Price: $2,990,000
Listing Contract Date: 2026-02-20
Street Number: 3940
Street Name: STATE ROAD 16
County: St. Johns
State: FL
Postal Code: 32092
MLS Area Major: 308-World Golf Village Area-SW
Subdivision Name: World Golf Village
Major Change Timestamp: 2026-02-26T17:12:22Z
Major Change Type: New Listing
Current Use: Agricultural; Commercial
Utilities: Sewer Available; Water Available
Water Source: Private; Well
Other Structures: Barn(s); Shed(s)
Road Frontage Type: State Road
Possession: Close Of Escrow
Listing Office: KELLER WILLIAMS ST JOHNS
Last Updated: February - 26 - 2026
Information deemed reliable but not guaranteed.
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