Listed by ERIC MAIMO of COLDWELL BANKER PREMIER PROPERTIES,
18.1 acres inside the Morgan's Cove PUD at County Road 214 and I-95, west of St. Augustine, previously entitled for up to 200 beds of independent or assisted living, or up to 80 cottage-style retirement units. The senior living use was approved in a 2012 major modification to the PUD and carried forward in 2018. That approval has expired; reinstatement is expected to be a straightforward process rather than a new rezoning, and a buyer should plan to complete it during due diligence. PUD parcels ALF-1 and ALF-2; 40 ft height, 25% FAR, 70% impervious max. Surrounded by the built-out Morgan's Cove single-family neighborhood. Minutes to I-95 via SR 207; 4.3 miles to Flagler Hospital. Buyers should confirm the current entitlement status and the reinstatement process with St. Johns County. About $8,745 per bed at $1,749,000.

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Property Details of 0 County Road 214

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Federal 30-year interest rate: 7.32% last updated on Oct 22, 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 October 28, 2026 7:16 AM 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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