111 King ST

St. Augustine, FL
$ 3,390,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Four (4) Unit, Multi-Tenant Commercial Building consisting Two (2) Retail Tenant Spaces and Two (2) Restaurant Tenant Spaces located in the primary commercial entry corridor to the downtown historic district of the City of St. Augustine. This is a rare offering and the best opportunity to purchase an income producing building with on-site parking and rear alley access in one of most sought after downtown locations. The building is 100% occupied, however there will be space available in the near future while plans and financing arrangements can be made in order to accommodate your future business venture. Your business will capitalize on the existing high exposure from both vehicular & pedestrian traffic as well as the local sightseeing trolley/train tours filled with tourists year round.

Commercial

  • Price
  • $ 3,390,000
  • Lot Size
  • 0.5 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1962
  • Half Bathrooms
  • 0
  • City, Zip
  • St. Augustine
  • County
  • SAINT JOHNS
  • Style
  • Business,Commercial,Retail
  • Area
  • Downtown St Augustine
  • MLS#
  • 1127847
  • Zip
  • 32084
Listing Provided by: FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Data Source: Northeast Florida MLS (NEFMLS) - 54 - FL

Features

General

# of Buildings 3 Buildings
Annual Desc/invest: Existing Rental Inc 167788.00
Annual Desc/invest: Net Operating Income 130054.00
Annual Desc/invest: Occupancy Rate 100.00
Annual Desc/invest: Total Oper Expenses 37734.00
Category Commercial
Ceiling Height 10' - 12' Ceilings, 8' - 10' Ceilings
Days on Market 104
Expenses Include Accounting/Legal, Insurance, Licenses & Permits, Repairs & Maint, Taxes-Real Estate
Listing Area 322-DOWNTOWN ST AUGUSTINE
Lot Location Downtown, Urban/City
Occupancy Tenant Occupied
Possible Financing Cash, Conventional
Present Use/zoned Commercial, Retail
Property Type F
Region 32-ST JOHNS COUNTY-ST AUGUSTINE AREA-E OF US-1
Road Frontage 3 Lane Road, City Street
Roof Built-Up
Status Active
Stories 1 Story
Tenant Expenses Utilities
Type Retail
Utilities Sewer - Public, Water - Public
Waterfront No
Year Built 1962
Zoning CL-1

Interior Features

# of Units 1 - 4 Units
HVAC Central
Living Area 5424.00

Exterior Features

Condition Good
Exterior Concrete, Slab
Exterior Wall Concrete
Lot Description/view Curb & Gutter, Regular Lot, Sidewalks
Navigable to Ocean No
Parking Facilities 11 - 25 Spaces, Asphalt Blacktop, Gravel, Other Parking
Road Surface Asphalt Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Saint Augustine, FL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/25/2021 Listed $3,390,000

Property vs Zip Code Average in 32084

Price
AVG $1.86M
$3.39M
Visits
AVG 50
59
Year Built
AVG 1949
1962
Walkscore
AVG 49
88
Data Provided by Walkscore ® not using MLS data

Map

111 King ST St. Augustine, FL is a Single Family Home for sale at $3390000 and a lot size of 0.5 Acres Acre(s). 111 King ST St. Augustine has 0 bedrooms, 0 baths and was built in 1962. The property's zip code is 32084 which is in St. Augustine, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.