19
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$6,250,000
Est. payment /mo
2 Baths
4 Acres Lot
New
5640 State Road 16 St Augustine, FL 32092
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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 264865
Full Baths 2
HOA Y/N No
Year Built 1975
Annual Tax Amount $1,743
Tax Year 2025
Lot Size 4.000 Acres
Acres 4.0
Property Sub-Type Land
Property Description
**PRIME DEVELOPMENT OPPORTUNITY | WORLD GOLF VILLAGE & SILVERLEAF CORRIDOR | 6.61 ACRES | 280+ FEET OF SR 16 FRONTAGE. Exceptional opportunity to acquire 6.61 acres strategically positioned along the highly traveled State Road 16 corridor, immediately adjacent to the entrance of the SilverLeaf community, one of St. Johns County's major master-planned residential developments! Featuring approximately 280.43 feet of direct frontage on State Road 16, this property offers outstanding visibility, accessibility, and development potential. Its location near SilverLeaf, World Golf Village, International Golf Parkway, and I-95 positions it to benefit from continued residential growth and increasing demand for nearby commercial services, dining, and retail. The property's Future Land Use designation is Residential C, with established commercial Planned Unit Developments (PUDs) located within approximately a quarter mile, including Mellow Mushroom and other restaurant uses. The surrounding commercial development and proximity to SilverLeaf create a compelling opportunity for investors and developers exploring future residential, commercial, or mixed-use concepts.The offering consists of two adjoining parcels totaling 6.61 acres. The primary 4-acre parcel includes approximately 180.43 feet of SR 16 frontage and an existing 2,400-square-foot, 3-bedroom, 2-bath single-family residence. The adjoining 2.61-acre parcel provides additional acreage and frontage. Potential development opportunities include multifamily residential, neighborhood-serving retail, restaurants, professional offices, or mixed-use concepts, subject to applicable land use regulations, rezoning, PUD approvals, and other governmental requirements. Depending on the proposed development and negotiated terms, the sellers may consider an agreement contingent upon obtaining necessary zoning or land use approvals. Secure a substantial 6.61-acre assemblage immediately adjacent to SilverLeaf, with prominent SR 16 frontage, nearby established commercial uses, and exceptional positioning along one of St. Johns County's growing residential corridors.
Location
State FL
County St. Johns
Area 15
Exterior
Water Access Desc No
Building
Story 1
Level or Stories 1
Listed by Keller Williams Realty Atlantic Partners St Augustine
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