1425 Fl-16 St. Augustine, FL 32084
This exceptional 17.57-acre parcel in St. Augustine, Florida, presents a lucrative investment opportunity. Currently operating as a cash-flowing RV park, the property boasts significant development potential. Zoned CHT, it allows for a maximum density of 200 RV lots, plus approximately 2.86 acres of commercial space with prime frontage on State Road 16. This high-traffic location ensures excellent visibility for commercial ventures, benefiting from the constant flow of travelers between Jacksonville and St. Augustine. The property is conveniently situated less than five miles from historic downtown St. Augustine, within minutes of Publix, and only two miles from Interstate 95. Existing utilities are already in place, simplifying development plans. Located in St. Johns County, known for its rapid growth and top-rated schools, this property offers a unique blend of immediate income generation and long-term appreciation potential. The APN numbers are 088360-0000, 088630-0010, 088340-0000, 088350-0000, and 088410-0000. The asking price is $12,100,000. This is a rare chance to acquire a substantial land holding in one of Florida's most desirable and rapidly expanding markets. The property's strategic location, existing infrastructure, and zoning flexibility make it an ideal investment for developers seeking a high-return opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.