Listed by CHRISTINA WELCH of KELLER WILLIAMS ST JOHNS
Excellent development opportunity along State Road 16 in St. Augustine, Florida, totaling 6.86± acres (2.93± and 3.93± acres) across parcels 0286220000, 0286210000, and 0286200000. The property offers approximately 520 feet of frontage along SR 16, providing exceptional visibility and access with an average daily traffic count of 20,500 vehicles. Roadway improvements are underway in the area, with the expansion of SR 16 approved to widen from two lanes to four lanes, and a new traffic light already installed at the nearby intersection of SR 16 and S. Francis Road. Zoned Open Rural (OR), the site includes a single-family home and is mostly cleared and ready for development. Located just five miles from the St. Augustine Premium Outlets, this property benefits from strong traffic volume, convenient access, and proximity to one of the area's fastest-growing commercial corridors. Additionally, an adjacent 5.03-acre parcel is currently under contract.

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Federal 30-year interest rate: 6.36% last updated on May 14, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.

 "Based on information submitted to Northeast Florida Association of REALTORS as of May 16, 2026 9:16 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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