3940 State Road 16St. Augustine, FL 32092Price: $2,990,000

  • Price: $2,990,000
  • 78 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,990,000List Price
  • 720Square Feet
This ±26.13 acre property at 3940 State Road 16 in St. Augustine, Florida offers an excellent opportunity for commercial or mixed-use development in a rapidly growing corridor. Approximately 7.57 acres of uplands provide about 523 feet of frontage along State Road 16, offering strong visibility and convenient access. The buildable area is zoned Commercial Intensive and Commercial Highway Tourist, allowing for a wide range of uses. The remaining ±18.69 acres consist of RMH-zoned wetlands, creating a natural buffer extending toward Interstate 95. Located near World Golf Village and the St. Augustine Premium Outlets, the property benefits from increasing traffic and surrounding development. State Road 16 continues to emerge as a key retail corridor, enhancing long-term investment potential. Improvements include a renovated office building with front and rear canopies, plus multiple outbuildings including pole barns and a storage shed.

Property Details of 3940 State Road 16

Property Details

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Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by CHRISTINA WELCH of KELLER WILLIAMS ST JOHNS

 "Based on information submitted to Northeast Florida Association of REALTORS as of May 15, 2026 11:17 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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