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Two-Story Downtown Office Building
For Lease
$8,398/Mo

5 Palm Row, St Augustine, FL 32084

Fully conditioned two-story office building offering an 11-unit layout and private on-site parking for tenants and visitors.

Space SizeContact for details
Days on Market141

Property Features for 5 Palm Row

General Information

Standard status Active

Additional Details

Office Units 11

Taxes and HOA fees

Annual Taxes $13,777

Building Details

Stories 2
Tenancy Multi
Listing Agency: ALSOP PROPERTIES INC
Listed By: BEAU PINEDA · License #SL3602616
Source: Exprealty
Added: Apr 21 Changed: Sep 7 Last Checked: Sep 7 at 4:24PM

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 ALSOP PROPERTIES INC

Investment Insights

Based on property information with market context.

5 Palm Row is a fully conditioned two-story office building featuring a practical, two-level layout with an existing configuration of 11 units. The interior can support a range of professional office arrangements, including multiple offices, meeting areas, or collaborative workspaces.

The property is located in downtown St. Augustine on Palm Row, positioned within immediate proximity to restaurants, retail, and attractions that define the historic district. A private on-site parking lot provides dedicated parking for tenants and visitors.

The building’s quieter street setting and walkable access to the downtown core are designed to support service-based operations seeking recognizable, convenient access while maintaining a more controlled on-site environment.

Key Highlights

  • 2,964 SF, fully conditioned two‑story office building in historic downtown St. Augustine
  • Existing two‑level layout with 11 office units, suitable for professional and administrative uses
  • Private on‑site parking lot provides dedicated parking for tenants and visitors

Property Analytics

Current Use

Loving Hands Midwifery Midwife Family Life Christian ... Family Counselor Family Life Christian ... Family Counselor Haunting Hour St. ... Tour Operator The Northern Gulf Group Advertising Agency

Suggested Use

Top Pick Hair Salon Skin Care Clinic Nail Salon HVAC Service (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Office units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,931
Businesses Nearby

Demographics for 32084, FL

34,526
Population
17,839
Households
1.9
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
45.1 sq mi
ZIP Area
766
Density / Sq Mi
$72,965
Median Household Income
$38,611
Median Earnings
$1,534
Median Rent
$295,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fully conditioned two-story office building offering an 11-unit layout and private on-site parking for tenants and visitors.
Where is this office building located?
The property is located at 5 Palm Row St Augustine, FL.
What is the lease rate?
The lease rate is $8,398/Mo.
What are key features of this property?
This property features: 2,964 SF, fully conditioned two‑story office building in historic downtown St. Augustine; Existing two‑level layout with 11 office units, suitable for professional and administrative uses; Private on‑site parking lot provides dedicated parking for tenants and visitors
More about this property
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