Homes for sale - 5680 STATE ROAD 16, St Augustine, FL 32092

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$6,600,000

Est. payment - /mo

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22.87 Acres Lot

Pending

5680 STATE ROAD 16 St Augustine, FL 32092

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Kristie Hamilton

kristie@roundtablerealty.com +1(360) 550-2581

UPDATED:

10/13/2024 10:39 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 1082566

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Lot Size 22.870 Acres

Acres 22.87

Property Description

Mixed-use development opportunity strategically located ½ mile west of the signalized intersection of International Golf Parkway and State Road 16 and just ¼ mile west of the SR 16 and CR 16A intersection where the new community entrance to Silverleaf is currently being completed. This International Golf/SR 16 intersection is anchored by a community shopping center with a Publix, Walgreens, CVS, Flagler Health as well as the planned Publix Greenwise coming in 2021. The First Coast Expressway will also be coming to the area just north of this tract by the existing Mill Creek Elementary school and the new High School set to open in the fall of 2021. This is one of the fastest growing regions in St. Johns County and is undergoing dramatic growth for future development with increasing populations. The population growth over the next 5 years is 3.30% annually while household growth is 3.29% annually in a one to five-mile radius. Average household income is $122,287 and is projected to be $140,053 in five years in 2025. The annual average daily traffic count is 20,500 cars for SR 16 in front of the subject property.

Location

State FL

County St. Johns

Area 305-World Golf Village Area-Central

Direction From the intersection of International Golf Parkway and State Road 16, head west on State Road 16 approximately 1/2 mile to property on north side of Road, across from curb cut in median.

Exterior

Waterfront Description Pond

Private Pool No

Building

Lot Description Irregular Lot

Sewer Septic Tank

Water Well

Others

Tax ID 0281500000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 550-2581

kristie@roundtablerealty.com

1637 Race Track Rd, St Johns, FL, 32259, USA