$3,100,000
5940 US-1
St. Augustine, FL 32095
MLS# 1157496
Status: Closed

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Property Description
This property consists of 6 Parcels for a total of 5.17 Acres. The property is zoned CI, OR, & RG1 with a mixed use of commercial rental properties, residential rental properties, and a primary residential home. Most tenants are long term, but not on written leases. Perfect for a redevelopment opportunity, there is over 275 feet of frontage on US 1 North, with access from US1 as well as from the back side of the parcels on Capo Island Road. Currently the property owner uses the rear mobile home as living quarters that consists of 3411 conditioned sq ft with 4 bedrooms, 3 bathrooms, and a massive addition on the rear for entertaining. There are multiple outbuildings and sheds on that parcel as well.

Details
Location, Tax, and Legal
Parcel Number: 0745500070
General Property Information
Water Body Access YN: No
Waterfront YN: No
Directions: From US1 and SR 16, North on US1 to property on right
Public Remarks: This property consists of 6 Parcels for a total of 5.17 Acres. The property is zoned CI, OR, & RG1 with a mixed use of commercial rental properties, residential rental properties, and a primary residential home. Most tenants are long term, but not on written leases. Perfect for a redevelopment opportunity, there is over 275 feet of frontage on US 1 North, with access from US1 as well as from the back side of the parcels on Capo Island Road. Currently the property owner uses the rear mobile home as living quarters that consists of 3411 conditioned sq ft with 4 bedrooms, 3 bathrooms, and a massive addition on the rear for entertaining. There are multiple outbuildings and sheds on that parcel as well.
Building Area Total: 2843
Building Area Source: Public Records
List Price/SqFt: 1231.09
Sold Price/SqFt: 1090.4
Current Use
Commercial: 1
Parking Features
On Street: 1
Sewer
Septic Tank: 1
Water Source
Private: 1
Historical Information
Public Historical Remarks 1: Road Surface: Asphalt Road, Approx. Total SqFt: 0.00
Public Historical Remarks 3: Current Zoning: CI
Contract Information
Current Price: $3,100,000
Sold Price: $3,100,000
Status: Closed
Listing Contract Date: 2022-03-01
Property Sub Type: Mixed Use
Location Tax and Legal
Street Number: 5940
Street Name: US-1
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 313-Whitecastle/Airport Area
Status Change Information
Major Change Timestamp: 2022-07-19T19:49:29Z
Major Change Type: Status Change
Purchase Contract Date: 2022-05-06
Close Date: 2022-07-15
Close Price: 3100000
Property Features
Current Use: Commercial
Parking Features: On Street
Sewer: Septic Tank
Water Source: Private
Supplements
The parcels in front of that one include a single wide mobile home, a duplex, and a block single family home all providing income. The parcels that front the highway are currently commercial businesses and include a 3 bay warehouse used for the owners personal business, an brick building with lot rented to a paver company, and a 6,356 sq ft warehouse and additional lot that is leased to a golf cart business. All of the contiguous parcels are high and dry, and located in flood zone X. Seller will not split parcels or sell separately. Included Parcel #'s 0745500010, 0745500060, 0745500020, 0745500070, 0745500040, & 0745500050. Please do not approach tenants, and listing agent must accompany showings.
Listing Office: GREAT EXPECTATIONS REALTY

Last Updated: February - 13 - 2025

Information deemed reliable but not guaranteed.

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