Search
Two-Story Office Building with Parking Lot
For Lease
$8,398/Mo

5 Palm, St Augustine, FL 32084

Fully conditioned two-story office building with 11 existing units and a private on-site parking lot in downtown St. Augustine.

Property Size2,964 SF
Days on Market101

Property Features for 5 Palm

General Information

Standard status Active
Size 2,964 SF
Net Rentable 2,964 SF
Lease Type /mo

Space & Availability

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

Amenities

private parking lot

Building Details

Building Size 2,964 SF
Year Built 1910
Stories 2
Listing Agency: ALSOP PROPERTIES INC
Listed By: BEAU PINEDA
Source: Giffordproperties
Added: Apr 21 Changed: Jul 30 Last Checked: Jul 30 at 7:21AM

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.

Located in the heart of historic St. Augustine, this 2,964 square foot, fully conditioned two-story office building at 5 Palm Row features a practical two-level layout with an existing configuration of 11 units. The interior can support multiple offices, meeting areas, and collaborative workspaces, making the space well suited for a range of professional and administrative uses.

The building sits on historic Palm Row in the city’s downtown district, offering a quieter, more controlled setting while remaining within immediate proximity to restaurants, retail, and attractions that define downtown St. Augustine. A private on-site parking lot provides dedicated parking for tenants and visitors.

Built in 1910, the property offers a recognizable downtown address and established historic-market appeal, with year-round activity supported by consistent tourism and a strong local population. Call to discuss tenant improvement options and lease terms.

Key Highlights

  • 2,964 square foot, fully conditioned two‑story office building
  • Existing configuration of 11 office units across two levels
  • Private on‑site parking lot for tenants and visitors

Property Analytics

Current Use

Office buildings

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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Fully conditioned two-story office building with 11 existing units and a private on-site parking lot in downtown St. Augustine.
Where is this office building 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, fully conditioned two‑story office building; Existing configuration of 11 office units across two levels; Private on‑site parking lot for tenants and visitors
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message