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$1,695,000

Beds
3
Baths
2.0
sq ft
2,516

5720 US Highway 1 N, Saint Augustine, FL 32095

5720 US Highway 1 N

St Augustine, FL 32095

  • Off market
Rare opportunity! Own one of the last available C/I zoned turnkey income properties on US Hwy 1 N. in St. Augustine, FL. Regional household income of $122K provides solid customer base. Home/Office buildings already high-and-dry. Plenty of parking, commercial lighting, & infrastructure throughout. Run your business and live on property. No HOA. Property is in middle of a massive housing boom 50K+ homes to be built! Location and very visible billboard facing North South entrance is local landmark. Access includes accel/decel/turn-around highway lanes. Home has 2nd fl to build out. 5 carports + 5 sheds for hobby workshops. Large garden supplements your grocery budget, + chicken coop, corral, kennels, training areas, and 2 high power Generac 20kW generators. Well water set up can run home/business independently. Easy to create more opportunities - be the first 'Tiny Home' community??? Or make it work for you 'As Is'. Brand new unused 41' 2022 COLUMBUS 1492-388FK 5th wheel RV to convey.

Details

Property type

Single Family Residence

Lot size

2.0 acres

Price per sq ft

$674

Year built

2010

Annual property taxes

$3,334.37

Price History

09/27/2024
RealMLS

RealMLS #2025482

Removed
$1,695,000
05/13/2024
RealMLS

RealMLS #2025482

Listed
$1,695,000
+21.07%
01/26/2024
RealMLS

RealMLS #1215265

Removed
$1,400,000

Schools & Community

Elementary school: 

Palencia

Middle school: 

Pacetti Bay

High school: 

Ponte Vedra

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Prosperity Bank

Loan start date

January 2006

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

8%

Loan type

Credit Line (Revolving)

Seller

James Matthew Kunz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 8:15 PM

Listing updated: 05/19/2024 at 6:33 PM

Listed by: JOSEPH GARRASI, EXP REALTY LLC Phone #: (888) 883-8509

MLS: RealMLS #2025482

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