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29 & 27A Florida Avenue

Saint Augustine, FL 32084
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Acres0.57

Acre(Lot)

Rare development opportunity consisting of two adjacent RG-1 -- Residential General, Medium Density -- zoned parcels totaling approximately 0.55 acres in the City of St. Augustine. The site is cleared and development-ready, with city water and sewer available, offering a strong foundation for a thoughtfully designed residential or boutique hospitality project in one of Florida's most supply-constrained historic coastal markets. The RG-1 zoning district allows a range of residential and lodging-oriented uses, including multi-family dwellings, bed and breakfast inns, rooming or boarding houses, housing for the elderly, and accessory apartments. This provides developers with flexibility to deliver much-needed housing or boutique accommodations near the historic core. Based on current zoning s tandards, the district allows up to 16 units per acre for multi-family development, subject to applicable development standards including lot coverage, height, setbacks, and all required municipal approvals. This location is further strengthened by continued investment and improvement in the surrounding area. The City of St. Augustine has moved forward with a major public-private parking garage project with local businessman Barry Broudy near West King Street, a reported $100 million initiative designed to help address parking and mobility needs serving the historic district and surrounding neighborhoods. Nearby, the newly identified Ravenswood Park area along the San Sebastián Riverfront adds to the neighborhood's long-term appeal, with public open-space investment and walking-trail potential enhancing the connection between the riverfront, downtown, and the west side of the city. The property also benefits from views of the San Sebastián River, the Cathedral Basilica dome, and the iconic Great Cross, reinforcing its connection to the historic character that continues to drive strong tourism, housing demand, and investment interest in St. Augustine. Located near Flagler College, historic downtown St. Augustine, marinas, dining, cultural attractions, and the growing West King corridor, the site sits within one of Northeast Florida's most desirable and historically significant coastal markets. With flexible medium-density zoning, available infrastructure, proximity to major public and private investment, and a prime location near St. Augustine's historic core, this offering represents a compelling opportunity for developers, hospitality operators, and residential investors seeking to deliver a distinctive project in America's oldest city.

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Detail Ic Property Details

Property Type : Land

Price : $375,000

AD Id : 68668181

MLS Id : 2117511

Lot Size : 0.57 Acre(Lot)

County : Saint Johns

Subdivision: Ravenswood

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Feature Features

  • Heating & Cooling

    Water front: Yes WaterSource: Public

  • Road Types

    Asphalt
    City Street

  • Lot Information

    Lot Description: Cleared, Historic Area Lot Size Area: 0.57 Acres Lot Square Feet: 24,829 Waterfront: Marsh, River Front

    Property Information

    Property Type: Land Sub Type: Unimproved Land Subdivision: Ravenswood MLS Area Minor: 336-Ravenswood/West Augustine Source Neighborhood: Ravenswood

  • Listing Price Information

    Listing Id: 2117511 ist Price: $375,000 Listing Terms Cash, Conventional
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 1079100000, 1079100230 Annual Tax: $1,693 Tax Year: 2024

  • School Information

    Elementary School: Webster
    Elementary School District:
    Junior High School: Murray
    Senior High School: St. Augustine
  • Utility Information

    Electricity Available, Sewer Available, Water Available
  • Location Information

    Direction: Turn onto W King St ,Turn right on Palmer Street (heading north) until you reach Florida Avenue. Turn left onto Florida Avenue property on right.
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ByOwner last updated this listing 07/21/2026 @ 08:22

MLS: 2117511 LISTED BY: FRANK PEREZ-ANDREU, KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE SOURCE: realMLS (Northeast Florida Multiple Listing Service)

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