This 11.89-acre property, comprising four parcels (Parcel IDs: 0286100000, 0286220000, 0286210000, and 0286200000), is strategically located along State Road 16 in St. Augustine, FL, an area experiencing rapid growth and development. The property is mostly cleared and ready for development, with favorable future land use designations and zoning of OR (Open Rural), supporting both commercial and residential opportunities. Located just 5 miles from popular outlet malls and benefiting from high traffic volume (20,500 AADT), this site offers excellent visibility and access. With the planned expansion of SR 16, this property presents a rare and prime investment opportunity for developers seeking long-term growth potential.
4430 STATE ROAD 16, Saint Augustine, FL, 32092
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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