601 Ponce De Leon Blvd Saint Augustine, FL 32084-4227
This exceptional mixed-use property in historic St. Augustine, Florida, presents a unique investment opportunity. Located at 601 S Ponce De Leon Blvd, this two-story building boasts a versatile layout, encompassing both commercial and residential spaces. The ground floor, Unit A, offers a spacious storefront or creative office space, complete with a kitchenette, bathroom, private back deck, and a potential reception area. An attached workshop features double doors for convenient access, and a shared side yard provides additional outdoor space. Upstairs, Unit D is a charming two-bedroom, one-bathroom apartment featuring central air conditioning, custom maple cabinetry, and maple and tile flooring. Both front and rear balconies offer stunning views. This unit is currently leased, providing consistent rental income. Adding to the property's appeal is a shared dock with two private boat slips on the San Sebastian River, each with water and electricity, currently under month-to-month leases. The property is zoned CM-2 and includes riparian rights. The seller is open to various purchase arrangements, including the entire building, or individual sales of the commercial unit, residential unit, or combinations thereof, with or without the boat slips. Detailed pricing is available upon request. This property offers a rare blend of commercial and residential space in a highly desirable waterfront location, making it an ideal investment for those seeking a piece of St. Augustine's vibrant downtown scene. The property is located in St. Johns County, Florida, zip code 32084.
-
Van Dyke Norman Insurance Insurance Agency
-
JAIDD Music Venue Theater & Performing Art Venue
-
Marianne Lerbs Art Gallery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CM2 · Saint Augustine, FLSaint Augustine. Always verify with local authorities before improvements.
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.