NOT LISTED FOR SALE

2960 Florida 16 St. Augustine, FL 32092

Estimated Value: $519,000

2 Acres
$259,500 Price per Acre
87,120 Sq Ft Lot

Sale Details

Date Sold: July 23, 2021

Last sale price $375,000

Est. 38% increase in value since last sale

Current estimated payment $3,015 / mo

708 Days on Market

About This Lot

As of July 2021

This strategic site is currently being re-zoned from Open Rural to Commercial General and is located on the north side of the SR 16 commercial corridor. The property contains 2 acres+/- with 296 feet of frontage. Application for straight re-zoning to SJC was submitted on July 29, 2019 by St. Johns Law Group. This area is in a strong growth phase with new and planned subdivision development along SR 16 with existing national retailers and restaurants positioned around the I-95 interchange. This property is situated just west the St. Augustine Premium Outlet Mall and the I-95 interchange. The 2018 St. Johns County AADT traffic count is 26,599 cars per day. Possible uses with the straight rezoning include those commercial uses typically found in the CG and CHT zoning categories-see attached documents.

Last Agent to Sell the Property

JOE HATIN

FIRST COAST SOTHEBYS INTERNATIONAL REALTY License #0704045 Listed on: 05/02/2019

Last Buyer's Agent

Joe Hatin

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY License #0704045

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 296 x 405 x 272 x 235
  • Irregular Lot

Community Details

  • No Home Owners Association
  • St Augustine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0874100000

Property Details

Property Type

Land

Lot Details

2 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 2.0
  • Lot Size: 296 x 405 x 272 x 235
  • Road Surface Type: Asphalt
  • Subdivision Name: St Augustine
  • General Property Information Waterfront YN: No
  • General Property Information Lot Size Acres: 2.0
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Lot Features: Irregular Lot
  • Lot Features:Irregular Lot: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Commercial, Office
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 0874100000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 23, 2021
Sold by
Fatemi Mahshird
Bought by
Veles Logistics Llc
Seller's Agent
JOE HATIN
FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Buyer's Agent
Joe Hatin
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
List Price
$370,000
Sold Price
$375,000
Premium/Discount to List
$5,000
1.35%
Current Estimated Value
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,000
Original Mortgage
$488,000
Interest Rate
2.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Veles Logistics Llc $375,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Veles Logistics Llc $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $375,000 -- --
07/23/2021 07/23/21 Sold $375,000 +1.4% --
04/09/2021 04/09/21 Pending -- -- --
05/02/2019 05/02/19 For Sale $370,000 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,384 $223,218 $223,218 --
2025 $2,174 $202,925 $202,925 --
2024 $2,174 $304,920 $304,920 --
2023 $2,174 $174,240 $174,240 $0
2022 $1,960 $152,460 $152,460 $0
2021 $672 $60,000 $0 $0
2020 $652 $60,000 $0 $0
2019 $524 $39,000 $0 $0
2018 $465 $32,800 $0 $0
2017 $474 $32,800 $32,800 $0
2016 $472 $32,800 $0 $0
2015 $460 $31,036 $0 $0
2014 $393 $25,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 992981

realMLS (Northeast Florida Multiple Listing Service)

APN: 087410-0000

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