$785,000

Estimated payment $5,300/month

Total Views 3,420
6 Beds
8 Baths
4,085 Sq Ft
$192 Price per Sq Ft

Highlights

  • Popular Property
  • No HOA
  • Central Heating and Cooling System
  • Ketterlinus Elementary School Rated A
  • Side Porch
  • 3-minute walk to Loring Memorial

About This Home

Rare Development Opportunity in Historic Downtown St. Augustine.

Two customizable lots for development with plans for luxury townhome or apartment style living on brick paved and historic Palm Row. The existing building at 5 Palm Row to be remodeled and restored to a residential duplex. *This listing is for the sale / reservation of one unit of the duplex after remodel.*

The entire parcel offers the unique possibility to combine commercial and residential endeavors. Initial townhome price of $785,000 subject to final plans. Call for build to suit options. Near visitor attractions, the St. Augustine Municipal Marina and Flagler College, the proposed upscale units could be fantastic seasonal / long-term rentals, residences for boat owners, or an upscale housing option. Easy access to beaches via AIA. Lot 1 (5 Palm Row) features 3,555 sq ft of conditioned space, currently used as office space, with plans to restore it to a residential duplex that combines charm, functionality, and luxury upgrades. The drawings are included in this listing.

The townhome layout consists of three levels.
- Carriage house-style garages on the ground level. One spot will be designated for the townhome and two for the eventual duplex at 5 Palm Row.
- The second floor has an open concept living, kitchen, dining area, with a screened porch. 3 bedrooms, 3 full baths, and ample closet space make this ideal for shared living.
- The attic level offers a large, privileged bedroom with a full luxury bath and walk-in closet. Complete with space for a private outdoor porch or enclosed sunroom.
- With plenty of private space, this townhome would function extremely well as unique student housing, a short-term rental, or multi-generational living.

Listing Agent

Beau Pineda

ALSOP PROPERTIES INC License #3602616 Listed on: 07/29/2025

Co-Listing Agent

Dalton Ward

ALSOP PROPERTIES INC License #3592054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,272

Year Built

  • Built in 1910 | Under Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a private road
  • South Facing Home
  • Back Yard Fenced

Interior Spaces

  • 4,085 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Ketterlinus Elementary School
  • Sebastian Middle School
  • St. Augustine High School

Additional Features

  • Side Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1993900000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,272

Year Built

Built in 1910 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Attached Yn: Yes
  • New Construction: No
  • Stories: 3
  • Year Built: 1910
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2
  • Road Frontage Type: Private Road
  • Subdivision Name: Metes & Bounds
  • Architectural Style: Half Duplex
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More
  • General Property Information Living Area2: 4085.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: No
  • General Property Information Furnished: Unfurnished
  • Fencing Back Yard: Yes
  • Property Condition Under Construction: Yes
  • General Property Information Entry Level2: 1.0
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Acres: 0.2
  • Levels Three Or More: Yes
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • General Property Information Direction Faces: South
  • General Property Information Accessory Dwelling Unit YN: No
  • Road Frontage Type Private Road: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information Homestead YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 4085.0

Exterior Features

  • Waterfront: No
  • Fencing: Back Yard
  • Direction Faces: South
  • Patio And Porch Features: Covered, Side Porch
  • Property Condition: Under Construction, Updated/Remodeled
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Side Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other10: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ketterlinus
  • High School: St. Augustine
  • Middle Or Junior School: Sebastian

Lot Info

  • Current Use: Mixed Use, Office
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1993900000

Tax Info

  • Tax Annual Amount: 12271.59
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,511 $615,956 -- --
2024 $11,511 $816,714 $542,940 $273,774
2023 $11,511 $780,820 $506,744 $274,076
2022 $10,225 $654,523 $435,600 $218,923
2021 $9,443 $578,277 $0 $0
2020 $8,794 $541,503 $0 $0
2019 $8,411 $518,459 $0 $0
2018 $6,726 $316,083 $0 $0
2017 $6,839 $326,507 $203,769 $122,738
2016 $6,933 $326,507 $0 $0
2015 $6,762 $326,507 $0 $0
2014 $6,403 $302,831 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $785,000 -- $192 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2100987

realMLS (Northeast Florida Multiple Listing Service)

APN: 199390-0000