40 S Dixie Hwy St. Augustine, FL 32084
West Augustine NeighborhoodEstimated payment $4,476/month
Total Views
219
3
Beds
2
Baths
1,369
Sq Ft
$547
Price per Sq Ft
Highlights
- Traditional Architecture
- Wood Flooring
- 1-Story Property
- Osceola Elementary School Rated A-
- Historic Home
About This Home
Prime West Augustine Commercial Property with Unlimited Growth Potential! This historic investment property has been an iconic and favorite gathering place for locals and tourists alike for many years. Introducing 40 Old Dixie Hwy, a versatile property with commercial zoning (CL-1) located within the city limits of Historic St. Augustine offering endless potential for various uses including: restaurant, office space, converting back to a 3-bedroom residential home, bed & breakfast and many more. This property offers a rare mix of immediate income and future growth potential. Spanning three lots, it’s an ideal opportunity for investors, entrepreneurs, or developers. Beyond its current use, the additional land allows for exciting possibilities: build another structure, creative an income-producing nightly vacation rental or construct an additional private residence on the back lot. The existing building is designed to seat 50+ guests, featuring indoor and outdoor dining areas, a welcoming front porch, two entrances, two bathrooms, and ADA accessibility. Two off-street parking areas provide approximately 30 parking spaces, offering convenience for both patrons and staff. Recent updates include new wood lap siding, exterior paint, window frames, interior paint, kitchen flooring, a modern grease trap, signage, and an on-site storage shed. This offering is for the real estate only, with business and restaurant equipment negotiable separately. Owner financing is available. Please do not approach the tenant. ***Contact us today for details and to schedule a private tour.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,118
Year Built
- Built in 1897
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100 x 100'
- Historic Home
- Property is zoned CL-1
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Cottage
- Frame Construction
Interior Spaces
- 1,369 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Listing and Financial Details
- Assessor Parcel Number 124720-0000
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,861 | $288,240 | -- | -- |
| 2024 | $4,861 | $303,645 | $148,100 | $155,545 |
| 2023 | $4,861 | $267,497 | $148,100 | $119,397 |
| 2022 | $4,297 | $216,559 | $111,075 | $105,484 |
| 2021 | $4,501 | $223,072 | $0 | $0 |
| 2020 | $4,601 | $226,462 | $0 | $0 |
| 2019 | $4,557 | $217,942 | $0 | $0 |
| 2018 | $4,352 | $220,980 | $0 | $0 |
| 2017 | $3,883 | $182,919 | $75,250 | $107,669 |
| 2016 | $3,884 | $178,169 | $0 | $0 |
| 2015 | $3,789 | $172,099 | $0 | $0 |
| 2014 | $3,750 | $168,566 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $749,000 | -- | $547 / Sq Ft |
Source: St. Augustine and St. Johns County Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $220,000 | Land Title Of America Inc | |
| Warranty Deed | $200,000 | Land Title Of America | |
| Warranty Deed | $120,000 | On Line Title | |
| Warranty Deed | $125,000 | Land Title Of America | |
| Warranty Deed | $60,000 | Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $80,000 | Commercial | |
| Previous Owner | $160,000 | Commercial | |
| Previous Owner | $16,500 | Unknown | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $101,203 | Seller Take Back | |
| Previous Owner | $70,000 | Construction |
Source: Public Records
Similar Homes in the area
Source: St. Augustine and St. Johns County Board of REALTORS®
MLS Number: 255042
APN: 124720-0000
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Information is deemed reliable but not guaranteed.
© 2025 St Augustine &
St. Johns County Board of REALTORS®. All rights reserved.
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