42 PALMER SOUTH LOT 5 STREET South Lot
ST AUGUSTINE, FL, 32084 $ 365,000
Bedrooms-- Baths-- Sq 429 Monthly Estimate*
$ 2,521
Commercial Property for sale in ST AUGUSTINE, FL
for $365,000. This 429 square foot building was built in 1935 on a lot size of 0.1.
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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FeaturesGeneralCooling Mini-Split Unit(s)
Construction Materials Other
Year Built 1935
Levels One
Unit Number South Lot
Property Subtype Office
Tax Year 2025
Ownership Fee Simple
County St Johns
New Construction false
Property Type Commercial Sale
Subdivision Name GREENO
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
MLS Area 32084 - Saint Augustine
Lot Size Units Square Feet
Lot Size Square Feet 9032
Listing Terms Cash
Tax Annual Amount 2274.07
Additional Parcels Y/N false
Virtual Tour https://iframe.videodelivery.net/6c362845d51675804066f2000ecaea92
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 5
Legal Description (7)GREENO TRACT E'LY TRI PT OF LOT 4 & ALL LOTS 5 & 6 BLK 4 OR1572/1151 &1704/1420 &3043/1725
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
Flood Zone Code X Y
DockY/N false
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InteriorTotal Stories 1
Air Conditioning Y/N true
Total Baths 0
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ExteriorLot Size Area 9032
Foundation Details Slab
Number of Buildings 2
Building Area Total 1207
Lot Dimensions 90 x 100
Lot Size Acres 0.1
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type Business District
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* Excluded FeaturesList ByOne Sothebys InternationalBroker
betsy.neflrealtor@hotmail.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.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/15/2026 | $365,000 | | Listed Price |