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11-Unit Office Building
For Lease
$8,398/Mo

5 Palm, St Augustine, FL 32084

Two levels of conditioned office space include dedicated on-site parking in downtown St. Augustine.

Space Size2,964 SF
Days on Market189

Property Features for 5 Palm

General Information

Standard status Active
Size 2,964 SF
Net Rentable 2,964 SF

Space & Availability

Available Space 2,964 SF
Contiguous Space 2,964 SF
Space Use Office

Taxes and HOA fees

Annual Taxes $13,777

Building Details

Building Size 2,964 SF
Year Built 1910
Stories 2
Listing Agency: ALSOP PROPERTIES INC
Listed By: BEAU PINEDA · License #SL3602616
Source: Dualstaterealestate
Added: Apr 21 Changed: Oct 25 Last Checked: Oct 23 at 5:36PM

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

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Investment Insights

Based on property information with market context.

This 2,964-square-foot office building at 5 Palm dates to 1910 and contains 11 units across two floors. The interior is fully conditioned, and the existing arrangement provides multiple office units within the building.

The property is in downtown St. Augustine, near restaurants, retail, and attractions in the historic district. A private parking lot serves tenants and visitors, while the Palm Row setting offers walkable access to the downtown core.

Key Highlights

  • 2,964‑square‑foot office building
  • 11 office units across two floors
  • Fully conditioned interior

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Garden Center Restaurant Gym & Fitness Center Bed & Breakfast Travel Agency

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

NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

58
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for St Augustine, FL

$22.73 /SF/Yr
Avg Asking Price
$2.46–$34 /SF/Yr
Price Range
3,828 SF
Avg Space Size

This space is priced 50% above the average of $22.73 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - Two levels of conditioned office space include dedicated on-site parking in downtown St. Augustine.
Where is this office unit located?
The property is located at 5 Palm 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‑square‑foot office building; 11 office units across two floors; Fully conditioned interior
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