$1,225,000
UNDER CONTRACT

5643 State Road 16 Saint Augustine, FL 32092

Estimated payment $6,453/month

Total Views 1,341
2.96 Acres
$413,851 Price per Acre
128,938 Sq Ft Lot

About This Lot

This unique property consists of two parcels (PIN: 028740-0070 & 028740-0020) being sold together, totaling 2.96 acres with 187 feet of frontage. Currently zoned OR, the property's highest and best use would be a rezoning to Commercial PUD, taking advantage of the prime location with an annual average daily traffic count of 9,100. Additionally, the existing two homes could provide possible impact fee credits if maintained as residential.

The first home is a meticulously maintained concrete block structure featuring a screened patio, sidewalks surrounding much of the house, and a detached garage with wraparound porches. This clean, well-kept space could easily serve as an office. The second home offers a more modest design with a semi-open, split floor plan.

This versatile property offers a range of opportunities, whether kept residential or transformed for commercial use. Don't miss out on this prime investment opportunity!

Listing Agent

Amanda Edwards

GREAT EXPECTATIONS REALTY License #3470432 Listed on: 06/07/2025

Property Details

Property Type

  • Land

Lot Details

  • 2.96 Acre Lot
  • Property fronts a state road
  • Few Trees

Utilities

  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0287400070

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 2.96
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Metes & Bounds
  • General Property Information Waterfront YN: No
  • General Property Information Lot Size Acres: 2.96
  • Utilities Electricity Connected: Yes
  • Special Features: UnderContract

Exterior Features

  • Waterfront: No
  • Lot Features: Few Trees
  • Pool Private: No
  • View: Other
  • Other Structures: Workshop
  • Lot Features:Few Trees: Yes

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Water Source: Private
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Horses, Residential
  • Lot Size Sq Ft: 128937.6
  • Parcel #: 0287400070

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $642 $160,269 -- --
2024 $642 $155,752 -- --
2023 $642 $151,216 $0 $0
2022 $1,019 $146,812 $0 $0
2021 $1,004 $142,536 $0 $0
2020 $999 $140,568 $0 $0
2019 $1,008 $137,408 $0 $0
2018 $993 $134,846 $0 $0
2017 $986 $132,072 $0 $0
2016 $528 $80,285 $0 $0
2015 $533 $79,727 $0 $0
2014 $532 $79,095 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2024 03/04/24 Price Changed $1,225,000 -17.5% --
02/04/2024 02/04/24 For Sale $1,485,000 0.0% --
02/04/2024 02/04/24 Off Market $1,485,000 -- --
12/22/2023 12/22/23 Off Market $1,485,000 -- --
12/21/2023 12/21/23 For Sale $1,485,000 0.0% --
12/16/2023 12/16/23 Off Market $1,485,000 -- --
12/12/2023 12/12/23 For Sale $1,485,000 0.0% --
11/29/2023 11/29/23 For Sale $1,485,000 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 VA
Source: Public Records

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1179381

realMLS (Northeast Florida Multiple Listing Service)

APN: 028740-0070