554 MARKET, St. Augustine, Florida 32095 MLS 2106657

554 MARKET, St. Augustine, Florida 32095

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Property Description

Palencia in St. Johns County in St. Augustine is an upscale community that attracts great tenants.

Currently a 7 Cap. 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. Short-term rental option for one of three units.

Three addresses:
550 MARKET ST – 1070sqft Office
554 MARKET ST – 2350sqft Townhome
359 MIDWAY ST – 550sqft Apartment

Features
Lot Features:
On Golf Course
Address Map
Country:
US
State:
FL
County:
St. Johns
City:
St. Augustine
Zipcode:
32095
Street:
MARKET
Street Number:
554
Street Suffix:
Street
Longitude:
W82° 36' 50.3''
Latitude:
N30° 1' 32.8''
MLSAreaMajor:
312-Palencia Area
MLS Information
Timestamp:
12-21-2023 14:26:48
Status:
Active
Status Change Date:
09-01-2025
Stories:
3
Listing provided courtesy of :
EXIT MAGNOLIA POINT REALTY
Commercial Sale For sale
MLS #:
2106657
Bedrooms:
0
Bathrooms:
0
Square Footage:
3,916 Sqft
$859,000
Agent info
Mike Schwiebert, REALTOR ®
INI Realty
3603 Cardinal Point Drive. Jacksonville, FL 32257
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