5640 State Road 16, Saint Augustine, FL 32092

$6,250,000

19 Photos

Property Description

**PRIME DEVELOPMENT OPPORTUNITY | WORLD GOLF VILLAGE & SILVERLEAF CORRIDOR | 6.61 ACRES | 280+ FEET OF SR 16 FRONTAGE. Exceptional opportunity to acquire 6.61 acres strategically positioned along the highly traveled State Road 16 corridor, immediately adjacent to the entrance of the SilverLeaf community, one of St. Johns County's major master-planned residential developments! Featuring approximately 280.43 feet of direct frontage on State Road 16, this property offers outstanding visibility, accessibility, and development potential. Its location near SilverLeaf, World Golf Village, International Golf Parkway, and I-95 positions it to benefit from continued residential growth and increasing demand for nearby commercial services, dining, and retail. The property's Future Land Use designation is Residential C, with established commercial Planned Unit Developments (PUDs) located within approximately a quarter mile, including Mellow Mushroom and other restaurant uses. The surrounding commercial development and proximity to SilverLeaf create a compelling opportunity for investors and developers exploring future residential, commercial, or mixed-use concepts.The offering consists of two adjoining parcels totaling 6.61 acres. The primary 4-acre parcel includes approximately 180.43 feet of SR 16 frontage and an existing 2,400-square-foot, 3-bedroom, 2-bath single-family residence. The adjoining 2.61-acre parcel provides additional acreage and frontage. Potential development opportunities include multifamily residential, neighborhood-serving retail, restaurants, professional offices, or mixed-use concepts, subject to applicable land use regulations, rezoning, PUD approvals, and other governmental requirements. Depending on the proposed development and negotiated terms, the sellers may consider an agreement contingent upon obtaining necessary zoning or land use approvals. Secure a substantial 6.61-acre assemblage immediately adjacent to SilverLeaf, with prominent SR 16 frontage, nearby established commercial uses, and exceptional positioning along one of St. Johns County's growing residential corridors.

5640 State Road 16 | MLS# 2173141

This land located at 5640 State Road 16, Saint Augustine, FL 32092 is currently listed for sale with an asking price of $6,250,000. The property has approximately 4.00 Acres. Search Saint Augustine real estate on www.myhouseofwindsor.com today.

Property Features

Property Type: Land - Residential
Lot Size: 4.00 Acres
Taxes: $1,743

Feature Descriptions

Lot Dimensions: 174239

Listed By / Shown By

Listed By

Agency Name: KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

Shown By

Agent Name: Hannah Windsor
Agent Phone: (904) 534-6790
Agency Title: Watson Realty Corp., REALTORS ®

IDX logo

Estimate Your Payment

Estimated Payment

$ 33,472.98 per month $31,504.82 Principal & Interest $145.25 Property Tax $1,822.92 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder