About This Home

This 0-bedroom, 1-bathroom commercial at 3940 STATE ROAD 16 in Saint Augustine, FL is listed for $2,990,000 ($4,153 per sqft). Built in 1973, the home offers 720 sqft of living space on a 26.12 acres lot.

Key Features

  • Built in 1973
  • 26.12 acre lot

Property Details

1 full
1973
Listing Description

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.

Monthly Cost Estimate

$15,991/mo

20% down · 6.5% · 30 years

Principal$2,162
Interest$12,957
Insurance$872

Estimates only. Actual payments may vary.

Location

3940 STATE ROAD 16

Saint Augustine, FL 32092

Property Details

Parking

Off Street

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 3940 STATE ROAD 16 is listed at $2,990,000 ($4,153/sqft). The estimated monthly payment is $15,991 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 26.12 acre lot.

This property is listed by CHRISTINA WELCH.

CW

CHRISTINA WELCH

Agent at Keller Williams St Johns

Listed by Keller Williams St Johns · Broker phone: (904) 607-6830

MLS# 2132058· Source: realMLS· 248 days on PropertySimple

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3940 STATE ROAD 16, Saint Augustine, FL 32092

Open this listing in: