2931 Coastal Hwy
Saint Augustine, FL, 32084 $ 1,950,000
Bedrooms9 Baths8.0 Sq 4,778 Monthly Estimate*
$ 12,165
for $1,950,000 with 9 bedrooms and 8 full baths. This 4,778 square foot home was built in 1946 on a lot size of 0.86.
Discover a rare .86-acre opportunity on Coastal Highway with flexible CHT (Commercial Highway Tourist) zoning and unlimited potential. Currently improved with five structures, two of which are duplexes. 2931 Coastal Hwy offers seven income-producing units and the ability to operate as residential while exploring higher-value commercial or mixed-use options. With outstanding highway visibility and a prime location just one block from the beach, this parcel is perfectly suited for businesses that benefit from exposure, destination traffic, and proximity to the coast. The location is unbeatable, within walking distance to the Intracoastal Waterway, the Vilano Fishing Pier, and popular local restaurants including Beaches, 180 Grill & Pizza, and Michaelâs. Multiple public beach access points surround the property, making it an excellent match for hospitality, retail, wellness, or service based uses. CHT zoning allows for offices, boutique lodging, short-term rentals, medical or professional practices, and more. The nearly one-acre footprint provides ample room for additional parking, expansion, or a complete redevelopment, giving investors the flexibility to create a signature presence along the A1A corridor. The existing structures offer immediate rental income, making this an ideal hold-and-develop opportunity with both cash flow and long-term upside. Whether you envision a coastal office campus, boutique inn, live-work concept, or refreshed multi-unit rental property, 2931 Coastal Highway delivers the size, zoning versatility, walkability, and exposure rarely found on the island. Opportunities like this do not come to market often, explore the possibilities today!
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FeaturesGeneralLiving Area 4778
Status Active Active
Full Baths 8
Year Built 1946
Subdivision Surfside
Stories Count 1
Class RESIDENTIAL
Type Multi family
New Construction Y/N No
Area 02S
Legal Description 4/32 SURFSIDE UNIT A LOTS 5 6 7 & 8 BLK AA OR1018/400 &2513/1099 &2513/1102
Bank/Corporate Owned? No
Price Per Sq Ft Total AG 408.12
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ExteriorWaterfront No
Lot Size Area 0.86
Lot Dimensions 37461
Acreage 1/2 to 1 Acre
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* Excluded FeaturesList ByEndless Summer RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $12,165
- Monthly Property Taxes
- $1,268
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbySingle family listings in Saint Augustine, FL
Average List Price $802,082
Percent of Sale Price 59%
About Saint Augustine, FL 14,035 Population
15% Since 2002
$ 49,246 Median Income
41.84 Median Age
15% Households with Children
Trends Information provided by ATTOM Data Solutions.
1995662 Elementary School
1995546 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/13/2025 | $1,950,000 | | Listed Price |