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    FOR SALE
    Automotive properties

    303 S Ponce De Leon Blvd St Augustine, FL 32084

    1.04 ac lot Built 1980
    Trust Owned ~ Est. High Equity
    Property ID
    US18-4870770
    303 S Ponce De Leon Blvd, St Augustine, FL 32084 For Sale 1 / 35
    $3,600,000
    303 S Ponce De Leon Blvd, St Augustine, FL 32084
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    Property summary
    AI-generated overview

    This exceptional 1.23-acre lot, located at 303 S Ponce De Leon Boulevard in St. Augustine, Florida (zip code 32084), offers unparalleled development potential. Boasting over 280 feet of frontage on South Ponce De Leon Boulevard, this commercially zoned (CM-2) property enjoys stunning water views overlooking the San Sebastian Waterway and easy access to local marinas. The CM-2 zoning permits a diverse range of uses, including multi-family dwellings, hotels/motels, and various retail/business ventures, making it an ideal site for a mixed-use development. The property's strategic location just south of the entrance to historic downtown St. Augustine positions it for significant growth and high visibility. Further enhancing its appeal, a new city parking garage is planned for a nearby location, increasing accessibility and convenience for future tenants and patrons. This vacant lot presents a unique opportunity to capitalize on the thriving St. Augustine market and create a landmark development in the nation's oldest city. The asking price is $2,400,000.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1980
    Lot 1.04 ac (45,259 SF)
    Zoning code CM2
    APN 119320 0000
    UPID US18-4870770
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.10M
    Owner & transaction history
    Wells Jimmie D SR Living Trust · 1 yrs held
    Wells Jimmie D SR Living Trust
    since 2025
    Last sale
    $2.1M
    1 recorded transaction
    1969
    Price N/A
    Zoning & alternative use
    CM2 · Saint Augustine, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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