554 MARKET ST Active Save Request In-Person Tour Request Virtual Tour
St. Augustine,FL 32095
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,916 sqft
Price per Sqft $219
MLS Listing ID 2106657
Year Built 2007
Annual Tax Amount $11,218
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Mixed Use
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Palencia in St. Johns County in St. Augustine is an upscale community that attracts great tenants.
Currently a 7 Cap. If managed well, at current pace then one should be
able to project 3-4% yearly increase in revenue and long-term leases are positioned as such. Short-term rental option for one of three units.
Three addresses:
550 MARKET ST - 1070sqft Office
554 MARKET ST - 2350sqft Townhome
359 MIDWAY ST - 550sqft Apartment
Location
State FL
County St. Johns
Area 312-Palencia Area
Direction Interstate 95 to International Golf Parkway East to US 1 to Palencia Drive to Market Street
Exterior
Parking Features Garage
Private Pool No
Building
Lot Description On Golf Course
Story 3
Level or Stories 3
Others
Tax ID 0720950190