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125 King St
Saint Augustine, FL 32084
Old Town Hotel Site · Retail Property For Sale

Investment Highlights

  • Prime signalized corner in Historic Downtown St. Augustine- 8 Million Visitors/Year- More than the Grand Canyon- "Last Best" Redevelopment Site
  • Zoning: CL-2 (Commercial Low-Two) – supports retail, hospitality, residential
  • Potential for Covered Land Play: Strong In-Place Rents with room for growth in high demand sub-market
  • 0.52-acre site with ~13,500 SF buildable per floor (up to 40,000 SF total)
  • "Air Rights": Height Limit is 35’ (as-of-right), precedent exists for up to 50–65’ with exception
  • No Historical Redevelopment Restrictions: Existing structure is not architecturally significant and can be re-developed

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,338 SF
Building Class
B
Year Built/Renovated
1967/2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.52 AC
Zoning
CL-2 - CL-2 zoning: 35’ as-of-right (2–3 stories), 60% lot coverage. Height up to 65’ possible via PUD. Most intensive zoning in Historic Area.
Parking
25 Spaces (5.76 Spaces per 1,000 SF Leased)
Frontage
182’ on King St

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
202280-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,086,254
  • Listing ID: 36848339

  • Date on Market: 7/21/2025

  • Last Updated:

  • Address: 125 King St, Saint Augustine, FL 32084

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