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100 E Genung St - 100 E Genung St.

0.75 Acres of Residential Land Offered at £397,248 in Saint Augustine, FL 32086

INVESTMENT HIGHLIGHTS

  • Visibility on US 1 is extensive as there is about 15 -30 seconds of travel time on US 1 across Moultrie Creek and it's adjacent marshlands

EXECUTIVE SUMMARY

Phenomenal US 1 Exposure at the corner of US 1, Vaill Point Road and East Genung. This parcel has a block building which can be renovated and many uses can be applied here. The current zoning is RS-2 yet the existing owner used to operate a home office for accounting services for many years. The site is a high bluff with excellent visibility as FDOT shows a 37,500 Daily Traffic Count in this stretch of US 1. A rare find - a parcel North of Wildwood Drive under $500,000. The site is in a RES "C" Land Use category which, with a Planned Development (PUD or PSD), may include uses provided in Neighborhood Business and General Business Categories in SJC Codes. Uses include: retail commercial, health clubs, general medical offices, banks, nursing homes and more...

ATTACHMENTS

E Genung Survey

PROPERTY FACTS

Price £397,248
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.75 AC

1 LOT AVAILABLE

Lot

Price £397,248
Price Per AC £529,664.41
Lot Size 0.75 AC

Parcel 18 in Section 48, Township 8 S, Range 30 E in St. Johns County, Florida O.R. 615/347

DESCRIPTION

US 1 Frontage/High Visibility - Corner parcel between East Genung Street and Vaill Point Road. It's a HIGH-VISIBILITY Site on US 1. 3/4 Acre parcel is on a high bluff overlooking Moultrie Creek and US 1 - no Flood Insurance required. There is an existing CB Building that is approx. 1,000 SF built in the '60's that is being conveyed "As-Is". Property is serviced by well and septic yet water and sewer are highly likely to be available.

ZONING

Zoning Code RS-2 (Residential. Min width 90 Feet. Min SF 10,000)
RS-2 (Residential. Min width 90 Feet. Min SF 10,000)
  • Listing ID: 31913742

  • Date on Market: 24/05/2024

  • Last Updated:

  • Address: 100 E Genung St, Saint Augustine, FL 32086

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