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554 MARKET, St. Augustine, Florida 32095 MLS 2106657For sale

554 MARKET, St. Augustine, Florida 32095

$4,500,000
0 Bedrooms
0 Bathrooms
15,660 Sqft
Property Description

The Gideon Development, LLC portfolio was established in 2012 and has matured to be a clean, very stable and diversified asset. By assuming the entire business
structure you would benefit from retaining the current property tax basis.

Palencia in St. Johns County in
St. Augustine is an upscale community that attracts great tenants. If managed well, at current pace then one should be
able to project 3-4% yearly increase in revenue and long-term leases are positioned as such.

Basic Details
Commercial Sale
Business
For sale
2106657
$4,500,000
0
0
0
15,660 Sqft
2007
43,560 Sqft
Address Map
Country : US
State : FL
County : St. Johns
City : St. Augustine
Zipcode : 32095
MARKET
554
Street
W82° 36' 50.3''
N30° 1' 32.8''
312-Palencia Area
MLS Information
12-21-2023 14:26:48
Active
09-01-2025
3
Garage
76143
DOUGLAS SENECAL
478-390-3531
EXIT MAGNOLIA POINT REALTY
Agent info
Mike Schwiebert, REALTOR ®
INI Realty
3603 Cardinal Point Drive. Jacksonville, FL 32257
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northeast Florida Multiple Listing Service (DBA as realMLS) (last updated 09/04/2025 12:50:29 PM EST)

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