A prime commercial location in St. Augustine with superior visibility, +/- 665 feet of frontage on US Highway 1 South! This location is one of the busiest corridors in St. Augustine with the 2023 AADT showing 41,000 vehicles per day. This site contains a total of 7.8 acres and site work already completed to offer a variety of options. Billboard onsite with monthly income and optional lease. This parcel is located in the US1 mixed-use commercial corridor, and its Commercial Intensive (CI) zoning allows for a variety of future commercial uses. Convenient access to roadways with a median cut. Surrounding properties include an array of established automotive dealerships, gas stations, fast food restaurants, Ace Hardware, Tractor Supply, regional and neighborhood retail and professional offices. Don't miss this opportunity.
2940 US 1 South, Saint Augustine, FL, 32086
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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