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2960 SR-16

St. Augustine FL 32092

84070.8 sq. ft.
Land
Currently for sale - view listing

Overview

Please note: This is one listing that includes two adjacent parcels with separate addresses, being sold together as a single offering totaling nearly 2 acres. Positioned along the rapidly growing State Road 16 corridor, this exceptional commercial opportunity offers outstanding visibility and future development potential in one of St. Johns County's most active growth areas. The property is strategically located between Mill Creek, Murabella, World Golf Village, and the new Elevation Pointe development currently under construction. Directly across from Elevation Pointe's multifamily community, the site is strategically positioned to benefit from ongoing residential and commercial expansion. Less than 1,200 feet east of the property, the recently opened Publix-anchored shopping center provides a strong retail draw within Elevation Pointe, a master-planned development expected to feature approximately 750 multifamily units and more than 196,000 square feet of commercial space. Adding to the area's momentum, State Road 16 is planned for expansion to five lanes, further improving accessibility and traffic flow. The property's Commercial PUD zoning provides flexibility for a wide range of commercial uses, including banks with drive-thru facilities, convenience stores with fuel sales, car washes, quick-service restaurants with drive-thru service, retail establishments, and other permitted commercial uses, subject to applicable PUD requirements. Included in the sale are Lot 2950 (Parcel ID 0874100030) and Lot 2960 (Parcel ID 0874100000), offered together as one development opportunity in a high-growth corridor.

Features

84070.8 sq. ft. lot size
Land

Property history for 2960 SR-16

2021
Sold
Undisclosed
23 Jul 2021 by Joe Hatin Broker Owner, of BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Happy sellers in St. Augustine

56%
56% of sellers in St. Augustine reported that their sale price either exceeded or met their price expectations.

St. Augustine stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in St. Augustine over the last 12 months.

Local market activity for land plots in St. Augustine

In the last 12 months, 19 land plots similar to 2960 SR-16, have been sold.

This represents a 40% increase in land plots sales when compared to the previous 12 months.

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