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Investment Highlights
- Prime 3.595-acre waterfront parcel at the gateway to St. Augustine’s historic district.
- CM-2 zoning allows for hotels, multi-family, office parks, shopping plazas, and more.
- Exceptional visibility with 438 feet of frontage on San Marco Avenue and 356 feet on Court Edna.
- Scenic marsh front views enhance design potential and project appeal.
Executive Summary
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.
Property Facts Under Contract
| Price | $4,600,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.59 AC |
| Property Type | Land | ||
| Zoning | CM-2 - Commercial Medium 2 | ||
| Price | $4,600,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.59 AC |
| Zoning | CM-2 - Commercial Medium 2 |
1 Lot Available
Lot
| Price | $4,600,000 | Lot Size | 3.59 AC |
| Price Per AC | $1,281,337.05 |
| Price | $4,600,000 |
| Price Per AC | $1,281,337.05 |
| Lot Size | 3.59 AC |
The lot has proximity to US-1 and is zoned CM-2.
Description
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.
Fairly walkable
50/100
Very drivable
80/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 151470-0000 | Improvements Assessment | $0 |
| Land Assessment | $1,096,381 | Total Assessment | $1,096,381 |
Property Taxes
Parcel Number
151470-0000
Land Assessment
$1,096,381
Improvements Assessment
$0
Total Assessment
$1,096,381
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301 San Marco ave




