World Golf Village Office
21 World Golf Pl, Saint Augustine, FL
Call to check price and availability
32,329± SF office building on 37.09± acres.
Type:OFFICE
Property size:
32,329 SFLot size:
45.07 AcresPrice / SF:
$184/SF- Added:
- Nov 13, 2025
- Days on Market:
- 190
- Last Refresh:
- Apr 5 at 9:17 pm
Property Features for 21 World Golf Pl
General Information
- Standard status
- Active
- Size
- 32,329 SF
- Lot size
- 45.07 Acres
- Property subtype
- OFFICE
Listing agent Mike Phillips
Listing office Colliers | Jacksonville (904) 358-1206
Listing date Nov 13, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Jacksonville
HighLights
- 32,329± SF turnkey office building on 37.09± acres in World Golf Village, offering flexible use of space and expansion potential.
- Prime location in World Golf Village with convenient access to Jacksonville and St. Augustine via I‑95.
- Located in the rapidly expanding World Commerce Center, near major retailers.
- Proximity to I‑95, U.S. 1, and the St. Johns Parkway extension ensures convenient travel.
- Access to resort‑style living with scenic lakes, parks, and walking/biking trails.
- Located within the highest‑rated school district in Florida (St. Johns County).
Overview
Located in World Golf Village, this property features a 32,329± SF office building on 37.09± total acres. The location provides convenient access to both Jacksonville and St. Augustine, Florida. Situated off I-95, the site allows for a commute of approximately 25 minutes to Jacksonville and about 15 minutes to St. Augustine. The property is near I-95, U.S. 1, and the new St. Johns Parkway extension. Beaches such as Vilano Beach, St. Augustine Beach, and Ponte Vedra Beach are within a short drive. The area offers access to scenic lakes, parks, and walking/biking trails. The property is a turnkey office building with flexible space. It is move-in ready and offers room to expand upon the existing footprint or add additional buildings or amenities. World Commerce Center is expanding and has been selected by Buc-ee’s, Costco, Home Depot, and Bass Pro Shops, with the latter planning their first 100,000± SF Outdoor World store in Northeast Florida. St. Johns County School District is the highest-rated in Florida, and Jacksonville, Florida has a diverse and growing workforce.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$5.03M
NOI $452,735 @ 9.00% cap · cautious / downside scenario
Moderate
$6.47M
NOI $452,735 @ 7.00% cap · market / base-case scenario
Aggressive
$9.05M
NOI $452,735 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $775.9k | $24.00 |
| − Vacancy | −$172.2k | −$5.33 |
| EGI | $603.6k | $18.67 |
| − OpEx | −$150.9k | −$4.67 |
| NOI | $452.7k | $14.00 |
32,329 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$6.47M
$5.66M – $7.55M
NOI $452,735 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.62M
$7.55M – $10.06M
NOI $603,647 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
PGA Tour Entertainment
Corporate Office
Location Insight
- Map
- Local Demand
- City
- Saint Augustine
- County
- St. Johns
- State
- Florida
- Longitude
- -81.4701
- Latitude
- 29.9929
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 32,329± SF office building on 37.09± acres.
Where is this office building located?
The property is located at 21 World Golf Pl Saint Augustine, FL.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 32,329± SF turnkey office building on 37.09± acres in World Golf Village, offering flexible use of space and expansion potential.; Prime location in World Golf Village with convenient access to Jacksonville and St. Augustine via I‑95.; Located in the rapidly expanding World Commerce Center, near major retailers.
