5 Palm Row Saint Augustine, FL $ 1,595,000
5 Palm Row
$ 1,595,000
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5 Palm Row

Saint Augustine, FL, 32084
$ 1,595,000
Baths0.0

Monthly Estimate*

$ 11,142

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Studio

Commercial Property for sale in Saint Augustine, FL

for $1,595,000.

Perhaps one of the finest locations in all of Historic St Augustine and tucked away behind the Casa Monica Hotel and adjacent to the Lightner Museum, lies Palm Row; a brick pavered, private lane circa 1904. Frequented by photographers, the backdrop of a palm tree lined street fronting Victorian style homes is a page from days gone by. 5 Palm Row has been used as a duplex and a professional office for over 40 years. This grandfathered use can continue, or a new owner can choose to convert to residential or a mixed use. In its current configuration, the building is set up as identical floor plans of approximately 1500 sqft each, with an office suite downstairs and three offices upstairs. This property also consists of an adjacent vacant lot currently used for parking - an extremely rare commodity in the Historic area and adds tremendous value to this offering. Comments below from COSA Planner - The lots are zoned Historic Preservation One (HP-1). They are two separate lots. Any exterior changes to an HP-1 zoned lot requires approval by our Historic Architectural Review Board. The use would be grandfathered in as long as it continues operating as a business office. If the office is not used for a year than the grandfathered status no longer applies. Minimum 30 day short term rental in HP-1

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Commercial Active

Price

$ 1,595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Office

Town/City

Saint Augustine

County/Region

Saint Johns

MLS | Web ID

227955

Features
Exterior
Exterior Wood
Lot Dimensions 76 x 60 67x67
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General
Exterior Features Other-See Remarks
Water City
Status Active Active
Bathrooms 2
Stories 2
Class COMMERCIAL/INDUSTRIAL
Present Use Office & Professional
Type Office
Area 04
Legal Description CITY OF ST AUG PALM ROW SUBD LOT C & W67 OF E167FT OF N1/2 OF LOT 4 (EX N5FT TO PILGRAM) OR688/90
Bank/Corporate Owned? No
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* Excluded Features
List By
One Sotheby's International Realty

Broker

fdorourke@gmail.com

Email

Affordability Calculator

$11,142
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,142
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1995662 Elementary School
1995546 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2023$1,595,000 -11.14% Price Down
10/24/2022$1,795,000 Listed Price

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5 Palm Row, Saint Augustine, FL, 32084 is a Commercial Property for sale at $1,595,000. 5 Palm Row is a studio with 0.0 baths. The property's zip code is 32084 which is in Saint Augustine, FL