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1 University Blvd 136,000 SF Specialty Building Offered For Sale in Saint Augustine, FL 32086
INVESTMENT HIGHLIGHTS
- Riverside Center Shopping Center, Cobblestone Village, Home Depot, Aldi, Marshalls, Publix, Chili’s and More Grocery, Retail and Services Nearby
- Adjacent to Flagler Hospital
- Over 1,000 ± Visible Frontage on Matanzas River
- Close to State Road 312, Which is a Connector to A1A and More Oceanfront Neighborhoods
- Bus Stops in the Surrounding Area Service Students and Employees
EXECUTIVE SUMMARY
This versatile property offers up to 200,000 square feet of allowable building area, making it an ideal location for educational facilities, student housing, medical offices, clinics, wellness centers, or other related uses. Situated on a scenic campus with mature trees, landscaping, and views of nearby marshlands, the property provides a serene and inviting atmosphere. The 3-story academic and administration buildings feature painted stucco exteriors, tempered glass accents, and a host of recent upgrades, including a new roof and five roof-mounted HVAC units installed in 2020, with additional units added for enhanced climate control. The interior underwent $1 million in renovations in 2020, ensuring modern functionality throughout. With 507 parking spaces—incorporating designated areas for motorcycles and ADA-compliant spaces—the property offers ample parking for students, staff, and visitors. The surrounding area is rich with amenities, including Riverside Center Shopping Center, Cobblestone Village, Home Depot, Aldi, Marshalls, Publix, and Chili’s, providing convenient access to a variety of retail, dining, and service options.
PROPERTY FACTS Under Contract
| Sale Type | Investment or Owner User | Building Size | 136,000 SF |
| Property Type | Specialty | No. Stories | 3 |
| Property Subtype | School | Year Built | 1989 |
| Building Class | C | Parking Ratio | 3.73/1,000 SF |
| Lot Size | 21.74 AC | ||
| Zoning | PUD - Site is zoned PUD and approved for up to 200,000 SF of building rights and associated parking, retention areas and roadways. | ||
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 21.74 AC |
| Building Size | 136,000 SF |
| No. Stories | 3 |
| Year Built | 1989 |
| Parking Ratio | 3.73/1,000 SF |
| Zoning | PUD - Site is zoned PUD and approved for up to 200,000 SF of building rights and associated parking, retention areas and roadways. |
AMENITIES
- Bus Line
- Waterfront
PROPERTY TAXES
| Parcel Number | 135120-0090 | Improvements Assessment | $15,635,793 |
| Land Assessment | $2,944,612 | Total Assessment | $18,580,405 |
PROPERTY TAXES
Parcel Number
135120-0090
Land Assessment
$2,944,612
Improvements Assessment
$15,635,793
Total Assessment
$18,580,405
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