5640 State Road 16
Saint Augustine, FL, 32092 $ 6,250,000
Bedrooms-- Baths-- Sq 2,407 Monthly Estimate*
$ 43,167
for $6,250,000. This 2,407 square foot building was built in 1975 on a lot size of 4.
**PRIME DEVELOPMENT OPPORTUNITY | WORLD GOLF VILLAGE & SILVERLEAF CORRIDOR | 6.61 ACRES | 280+ FEET OF SR 16 FRONTAGE. Exceptional opportunity to acquire 6.61 acres strategically positioned along the highly traveled State Road 16 corridor, immediately adjacent to the entrance of the SilverLeaf community, one of St. Johns County's major master-planned residential developments! Featuring approximately 280.43 feet of direct frontage on State Road 16, this property offers outstanding visibility, accessibility, and development potential. Its location near SilverLeaf, World Golf Village, International Golf Parkway, and I-95 positions it to benefit from continued residential growth and increasing demand for nearby commercial services, dining, and retail. The property's Future Land Use designation is Residential C, with established commercial Planned Unit Developments (PUDs) located within approximately a quarter mile, including Mellow Mushroom and other restaurant uses. The surrounding commercial development and proximity to SilverLeaf create a compelling opportunity for investors and developers exploring future residential, commercial, or mixed-use concepts.The offering consists of two adjoining parcels totaling 6.61 acres. The primary 4-acre parcel includes approximately 180.43 feet of SR 16 frontage and an existing 2,400-square-foot, 3-bedroom, 2-bath single-family residence. The adjoining 2.61-acre parcel provides additional acreage and frontage. Potential development opportunities include multifamily residential, neighborhood-serving retail, restaurants, professional offices, or mixed-use concepts, subject to applicable land use regulations, rezoning, PUD approvals, and other governmental requirements. Depending on the proposed development and negotiated terms, the sellers may consider an agreement contingent upon obtaining necessary zoning or land use approvals. Secure a substantial 6.61-acre assemblage immediately adjacent to SilverLeaf, with prominent SR 16 frontage, nearby established commercial uses, and exceptional positioning along one of St. Johns County's growing residential corridors.
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FeaturesGeneralStatus Active Active
Bathrooms 2
Year Built 1975
Stories Count 1
Class COMMERCIAL/INDUSTRIAL
Type Land
Area 15
Taxes 1743.94
Legal Description 6-3 ANTONIO HUERTAS GRANT SUB PT OF SW1/4 OF SE1/4 OF SEC 6 (EX E260FT IN OR44/684) & TRI PT OF NW1/4 OF NE1/4 OF SUB SEC 11 (EX R/W SR 16) BY WILL OR3963/242(L/E) & 5793/198(L/E) & OR6128/333 & 6128
Bank/Corporate Owned? No
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ExteriorWater Access? No
Sprinkler? No
Lot Size Area 4
Lot Dimensions 174239
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* Excluded FeaturesList ByKeller Williams Realty Atlantic Partners St AugustineBroker
listings@noahbaileygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $43,167
- Monthly Property Taxes
- --
- 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 $2,146,843
Percent of Sale Price 66%
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 |
|---|
| 11/10/2026 | $6,250,000 | | Listed Price |