1900 State Road 16, St Augustine, FL 32084

$5,974,000

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List Price
$5,974,000
Status
ACTIVE
Days on Market
325
Price Change
▼ $2,000,000 1787960414
MLS#
255876
Lot Size
523,155
Acres
12.01
Subdivision
Ravenswood
MLS Area Major
05N

Property Description

This 8.36 acre site has approximately 684 Front Footage on SR 16. No other listed properties in the immediate market area comes close!! Site is in the process of being planned and permitted for potential entitlements up to 70,000 sqft. Virtually all of SR 16 has become a High Demand/High Traffic Area with this section generating 43,000+ AADT per the 2024 study. The majority of sites available two years ago are now in some phase of site plan approval, preclosing or vertical construction. Note: there is a Median Cut already in place on 16 going directly in front of the driveway. This of course is Huge as it provides easy access for customers going in either direction. The way the site plan is laid out now demonstrates that there would be two buildable sites on each side of the drive fronting SR 16. The site East of the drive would be 2.1 acres fronting 16 plus a .43 ac share in the retention for a total of 2.53 acres. Please Click More for further details

Courtesy of Florida Homes Realty & Mortgage

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