42 South Lot 5 Palmer St Saint Augustine, FL $ 365,000
42 South Lot 5 Palmer St
$ 365,000
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42 South Lot 5 Palmer St

Saint Augustine, FL, 32084
$ 365,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,305

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Commercial Property for sale in Saint Augustine, FL

for $365,000. This building was built in 1935 on a lot size of 0.21.

Versatile two-bay commercial garage opportunity near the revitalizing West King Street corridor and central St. Augustine. Offered separately as Lot 5, this southern portion of 42 Palmer Street features a detached two-bay garage with independent access from Smith Street, updated infrastructure, and valuable potential for future reconfiguration. Both garage bays feature updated roll-up-style doors, insulated interiors, durable coated floors and new window air-conditioning units. The north garage bay has been stubbed for water, creating potential for conversion into an office with a bathroom while allowing the adjacent bay to remain dedicated garage or storage space. Any conversion or change of use is subject to City zoning and permitting approval. Recent improvements include a new roof, windows, exterior doors, underground water, sewer and electrical utilities, fresh exterior paint, updated landscaping, brick pavers, decorative rock, enhanced parking and updated irrigation connected to public water. The property has also been wired to accommodate exterior lighting, an electric gate and keypad access. Located in Flood Zone X with city water and CL-1 commercial zoning, Lot 5 may appeal to an owner-user, service provider or office-forward trade seeking enclosed accessory storage and a centrally positioned operational base. Its Smith Street entrance provides convenient access for equipment, supplies and everyday business activity. The surrounding West City area is the focus of a 30-year City redevelopment initiative emphasizing 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 Broudy’s Lot, is currently in design. All proposed business, storage and conversion plans are subject to CL-1 zoning, permitting and governmental approval.

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Commercial Active

Price

$ 365,000

Property Type

Commercial

Taxes

$ 0

Style

Investment

Lot Size

0.21

Year Built

1935

Town/City

Saint Augustine

County/Region

Saint Johns

MLS | Web ID

264112

Features
Exterior
Exterior Aluminum
Foundation Concrete
Water Access? No
Sprinkler? No
Lot Size Area 0.21
Lot Dimensions .21 Acres
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General
Status Active Active
Bathrooms 0
Year Built 1935
Stories Count 1
Class COMMERCIAL/INDUSTRIAL
Type Investment
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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Interior
Heating/Cooling Window A/C
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* Excluded Features
List By
One Sotheby's - Downtown

Broker

ekelly@onesothebysrealty.com

Email

Affordability Calculator

$2,305
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,305
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.
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Nearby
1995662 Elementary School
1995546 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2026$365,000 Listed Price

Map


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42 South Lot 5 Palmer St, Saint Augustine, FL, 32084 is a Commercial Property for sale at $365,000 with a lot size of 0.21. 42 South Lot 5 Palmer St was built in 1935. The property's zip code is 32084 which is in Saint Augustine, FL