301 San Marco ave 3.59 Acres of Commercial Land Offered at $4,900,000 in Saint Augustine, FL 32084

Positioned at the gateway to St. Augustine’s historic district, this rare 3.595-acre waterfront parcel offers an exceptional development opportunity along San Marco Avenue. Featuring 438 feet of frontage on San Marco Avenue and an additional 356 feet on Court Edna, the property boasts prime visibility and accessibility just off US-1. Zoned CM-2 (Commercial Medium-2), the site supports a wide range of uses including hotels, motels, multi-family dwellings, office parks, shopping plazas, and service establishments, making it ideal for a mixed-use or hospitality-driven project. The parcel delivers scenic marsh front views and a strategic corner location within the city limits of St. Augustine, one of Florida’s most visited and historically significant destinations. Development readiness is enhanced with surveys, topographical data, and environmental reports already on file. Approximately one acre of the site is classified as wetland, providing natural character and potential design flexibility. With its unmatched location, generous frontage, and versatile zoning, this property represents a rare chance to create a landmark project in a thriving market. Seller financing may be available with a substantial down payment and negotiable terms.