42 PALMER Street SOUTH LOT 5 # SOUTH LOT 5
St. Augustine, FL, 32084 $ 365,000
Bedrooms-- Baths2.0 Sq 474 Monthly Estimate*
$ 2,521
Commercial Property for sale in St. Augustine, FL
for $365,000 with 2 full baths. This 474 square foot 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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FeaturesExteriorParking Features Gated
Lot Features Other
Lot Size Area 0.21
Spa N
Lot Size Acres 0.21
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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GeneralYear Built 1935
Unit Number SOUTH LOT 5
Property Subtype Business
Tax Year 2025
Parcel Number 1037000000
County St. Johns
New Construction 0 None
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name Ravenswood
Status Active
Directions From US-1 travel west on West King Street. Turn right onto Palmer Street and continue to 42 Palmer Street. The gated property will be located along Palmer Street. Access through the sliding gate.
City St. Augustine
Senior Community Y/N N
Number Of Units Total 0
MLS Area 336-Ravenswood/West Augustine
Lot Size Units Acres
Lot Size Square Feet 9147.6
Land Lease Y/N N
Tax Annual Amount 2274.07
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 336-Ravenswood/West Augustine
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://iframe.videodelivery.net/6c362845d51675804066f2000ecaea92
Standard Status Active
Private Pool Y/N None
Water Body Access Y/N None
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InteriorBasement (Y/N) N
Total Baths 2
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* Excluded FeaturesList ByOne Sotheby's International RealtyBroker
EKelly@onesothebysrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,521
- Monthly Property Taxes
- $190
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 NearbyCommerical listings in Saint Augustine, FL
Average List Price $2,052,505
Percent of Sale Price 462%
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.
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/15/2026 | $365,000 | | Listed Price |