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29 & 27A Florida Avenue

Saint Augustine, FL 32084
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SqFt17,424

Sqft(Lot)

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 sta ndards, 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 : 68639857

MLS Id : MFRFC314022

Lot Size : 0.57 Acre(Lot)

Living Area Size : 17,424

County : Saint Johns

Subdivision: Ravenswood Sub

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 52.5x330, 52.5x81.4 Lot Square Feet: 17424 Lot Acres: 0.57 Lot Size (SqMt): 1619

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$395000

  • Tax Information

    Tax Block: 17 Tax Book Number: U-692 Tax Legal Description: RAVENSWOOD SUBD LOTS 3 & 22 BLK 17 & PT OF VACATED OSTEEN ST LYING EAST OR5052/746, RAVENSWOOD SUB LOT 23 (EX E'LY 13FT) BLK 17 OR5052/744 & 5052/748 Annual Tax: $1693 Tax Year: 2024 Parcel Number: 107910-0000

  • Utility Information

    Electricity Available, Sewer Available, Water Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: RAVENSWOOD SUB City: ST AUGUSTINE Direction: Turn onto W?King?St ,Turn right on Palmer?Street (heading north) until you reach Florida?Avenue. Turn left onto Florida?Avenue
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
204 Sea Turtle Way, Saint Augustine, FL, 32084 $450,000 -- -- 10,191 0.25 Acre(Lot)
2770 Harbor Court, Saint Augustine, FL, 32084 $599,000 -- -- -- 0.36 Acre(Lot)
3560 Coastal Highway, Saint Augustine, FL, 32084 $775,000 -- -- 13,939 0.32 Acre(Lot)
1 South Street #A B, Saint Augustine, FL, 32084 $1,750,000 -- -- 5,663 0.26 Acre(Lot)
1 South Street, Saint Augustine, FL, 32084 $1,750,000 -- -- -- 0.26 Acre(Lot)
206 Seaside Vista Court, Saint Augustine, FL, 32084 $799,000 -- -- -- 0.44 Acre(Lot)
1480 Arapaho Avenue, Saint Augustine, FL, 32084 $5,000,000 -- -- -- 5 Acres(Lot)
29 & 27A Florida Avenue, Saint Augustine, FL, 32084 $375,000 -- -- -- 0.57 Acre(Lot)
524 Old Spanish Trail, Saint Augustine, FL, 32084 $1,400,000 -- -- -- 2 Acres(Lot)
901 Cooper Street, Saint Augustine, FL, 32084 $76,000 -- -- -- Acres (Lot)--
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ByOwner last updated this listing 07/20/2026 @ 18:20

MLS: MFRMLS #FC314022 LISTED BY: Frank Perez-Andreu, KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG) 904-797-7442 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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