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1570-1590 Northwood Drive, Saint Augustine, FL, 32084 | $3,800,000
Time to buy the VERY LAST vacant Industrial Zone parcel in St. Johns County, Florida! 1570-1590 Northwood Dr. St. Augustine are two adjoining parcels totaling 2. 28 acres. 96. 5% of the property is vacant!!! This is the ONLY primarily undeveloped Industrial piece in the newly effective 2025 St. Johns County Land Use Plan (yellow on the Zoning Map). It is ideal for a new industrial or manufacturing facility. 1570 Northwood is 1. 0 acre of level, dry vacant land. 1590 Northwood has a 1, 971 sq. ft. masonry warehouse with a large roll-up door, and a 900 sq ft open masonry garage for storage. It also boasts a 1, 074 sq ft 2 story wood-frame office building with 1. 5 baths and window A/C units. These are situated on 1. 28 acres of paved land and are prior non-conforming uses. The property is served by 200 amp-3 phase power, high-speed internet, and a deep well. The 2. 28 acres are trapezoidal and fully fenced and perfect for industrial development. There are 3 gated openings onto 344. 56 ft of road frontage onto Northwood Drive. The rear of the property abuts a dedicated Florida East Coast Railroad spur. There are no environmental issues and a certified 2020 survey is available upon request. The property is located near Northwood Industrial Park and the new Commerce Park, with excellent access to Routes 207, 16, and the new Route 312 Extension. Northwood Drive is just 5 miles to Interstate 95. Downtown St. Augustine is only 4 miles away and Jacksonville International Airport and its Seaport are within 50 miles. St. Augustine is the oldest city in the U. S. , and is growing rapidly while maintaining that ‘home-town’ feel. The property has a month-to-month tenant paying $2, 000 monthly using the Northwest corner for material storage and can remain during development. The vacant 2. 28 acres is perfect for a 1031 exchange. This parcel has huge potential and is the ONLY vacant land left dedicated for industrial development uses in the entire St. Johns County 2025 Use Plan.
Features
- Current Use: Industrial-Heavy
- Permitted Use: Heavy Industrial
- Cooling: Window A/C
- Zoning: IW
- Lot Size: 2.28 Acres
- Acreage: 2.28
- Est. Taxes: $8,906
- MLS#: 250228
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/250228/15701590northwooddrive_saintaugustine_fl?source=qrflyer
Listing courtesy of LIGHTHOUSE REALTY ASSOCIATES
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1570-1590 Northwood Drive, Saint Augustine, FL, 32084
$3,800,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,040,000 | $3,040,000 | $3,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
| Monthly Tax Payment | $742 | $742 | $742 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,481 | $19,717 | $27,112 |
| Total Monthly Payment | $21,348 | $20,584 | $27,979 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388