42 Palmer St
Saint Augustine, FL, 32084 $ 695,000
Bedrooms-- Baths-- Sq 429 Monthly Estimate*
$ 4,388
for $695,000. This 429 square foot building was built in 1935 on a lot size of 0.21.
Positioned near the revitalizing West King Street corridor, this extensively improved CL-1 commercial property offers a rare combination of professional office space, enclosed garage storage and two-street accessibility in central St. Augustine. The complete offering includes Lots 4, 5 and 6, with two climate-controlled office suites, three garage bays and entrances from both Palmer Street and Smith Street. More than $70,000 has been invested in recent improvements, including a new roof, windows, exterior doors, underground water, sewer and electrical utilities, plumbing, flooring, interior and exterior paint, brick pavers, decorative rock, enhanced parking, landscaping, palm trees and updated irrigation connected to public water. All buildings have been re-insulated, and the electrical service has been partially updated and brought to code to support the existing buildings. Infrastructure is also in place for exterior lighting, an electric gate and keypad access at both entrances. Each office has its own half bathroom with upgraded fixtures and on-demand hot water, plus an individual mini-split system providing heating and air conditioning. The property also offers one attached garage bay and a detached two-bay garage with updated roll-up-style doors, insulated interiors, durable coated floors and new window air-conditioning units. The north bay of Lot 5's detached garage is stubbed for water, creating potential for a future office and bathroom conversion. The layout may accommodate an owner-user, multiple business functions or future separation of the north and south portions. The Cityâs 30-year West City redevelopment initiative emphasizes economic growth, locally oriented businesses, beautification, mobility and infrastructure improvements. The City also reports that a new parking garage at West King Street and US-1, near the Broudyâs Lot, is currently in design. Flood Zone X and city water. An excellent central base for professional offices, service providers or office-forward trades needing workspace with nearby accessory storage. All proposed uses, conversions and property divisions are subject to CL-1 zoning, permitting and governmental approval.
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FeaturesExteriorExterior Amenities Paved Parking
Foundation Concrete
Water Access? Yes
Sprinkler? No
Lot Size Area 0.21
Lot Dimensions .21 Acres
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GeneralWater Public Water
Status Active Active
Bathrooms 2
Year Built 1935
Stories Count 1
Class COMMERCIAL/INDUSTRIAL
Type Office
Area 05N
Location Business District
Taxes 2274.07
Legal Description (7)GREENO TRACT E'LY TRI PT OF LOT 4 & ALL LOTS 5 & 6 BLK 4 OR1572/1151 &1704/1420 &3043/1725
Bank/Corporate Owned? No
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InteriorHeating/Cooling Electric Wall A/C Window A/C
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* Excluded FeaturesList ByOne Sotheby's - DowntownBroker
ekelly@onesothebysrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,388
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Saint Augustine, FL
Average List Price $2,001,849
Percent of Sale Price 188%
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 |
|---|
| 9/15/2026 | $695,000 | | Listed Price |