6220 1St St St. Augustine, FL 32095

This exceptional 5.5-acre commercial property in St. Augustine, Florida, presents a compelling investment opportunity. Situated at the high-visibility intersection of US Highway 1 and the future State Road 313, this land boasts 300 feet of highway frontage, ensuring maximum exposure for any future development. Currently zoned Open Rural (OR), the property's true potential lies in its designated Mixed Use District (MD) on the Future Land Use Map (FLUM). This designation unlocks a wide array of development possibilities, including commercial, residential, and recreational uses. The existing 2,900 square foot building on the site is considered of negligible value and may be best suited for demolition or repurposing. The property's location, just north of St. Augustine, is experiencing rapid growth, making this a prime location for investors seeking to capitalize on the area's burgeoning development. The asking price is $3,400,000. The property's APN is 0744300050 and is held in trust. This is a rare opportunity to acquire a significant parcel of land in a rapidly developing area with a flexible future land use designation. Don't miss out on this chance to shape the future of this prime St. Augustine location.