9 Masters Dr 2,007 SF 100% Leased Flex Building Saint Augustine, FL 32084 $355,000 ($176.88/SF)

Situated in a highly sought-after St. Augustine location, 9 Masters Dr presents a rare opportunity with a large, oversized lot and coveted CL-1 mixed-use zoning—allowing both residential and commercial possibilities. This parcel can potentially be split, buyer to verify with city based on their desired specifications.
Whether you envision a charming historic retreat, income-producing rentals, a retail space or commercial office, or a completely new build, this property offers exceptional flexibility in one of the city’s most desirable growth areas.
Built in 1930, the home offers 1,970 sq ft of interior living space (plus finished porches for a total of approx. 2,007 sq ft) and sits on 0.34 acres. The residence features three bedrooms and two baths, a split floor plan, a living room and dining room divided by a nostalgic brick chimney, and a welcoming front porch/sunroom that spans the length of the home.
The generous lot provides room to potentially build multiple dwellings, add guest cottages, or design your own private complex —with space for a pool, outdoor entertaining, and ample parking.
While the property requires a complete renovation—or offers the option to start fresh with new construction—the solid footprint and unique zoning make this an unparalleled canvas. With vision and creativity, this could become a standout residence, business location, or income-generating investment in historic St. Augustine.
This residence is already hooked to city water & sewer. An exceptional opportunity to shape something truly special in a prime setting—this property is ready for its next chapter. Cash or Renovation loans only - this property will not qualify for traditional financing.