125 King StSt. Augustine, FL 32084

Property Details for 125 King St

Year built

1967

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.52 AC

Property size (Sq ft)

4,338 SF

Property type

Retail space

APN

202280 0000

APU

2022800000

Description

This exceptional mixed-use property at 125 King Street in St. Augustine, Florida, presents a compelling investment opportunity. The 4,338 square foot building, constructed in 1967, sits on a prominent 0.52-acre corner lot in the vibrant historic district, boasting high pedestrian and tourist traffic. Currently operating at 100% occupancy with four tenants, the property offers a stable income stream and significant upside potential. The CL-2 zoning allows for a wide range of commercial uses, making it ideal for redevelopment or continued multi-tenant operation. The building features 25 parking spaces, a significant advantage in this high-traffic area. With a price of $3,975,000 ($916.32 per square foot and $993,750 per unit), this property represents a strong value-add investment with potential for substantial returns. Its prime location on a signalized corner ensures maximum visibility and accessibility, attracting both local residents and tourists. The flexible layout allows for adaptation to various tenant needs. This is a rare opportunity to acquire a well-positioned, multi-tenant property in one of Florida's most desirable historic districts. The property's strong fundamentals and redevelopment potential make it an attractive investment for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,141,393

  6.5%

  $1,053,594

  7%

  $978,337

• Comparable approach

  Method

  Valuation

  Relative Method

  $743,469

  Geo Method

  $743,469

• Alternative Use

  Use

  Valuation

  Residential

  $888,746

  Hospitality

  $814,086

  Educational

  $677,310

  Medical

  $700,604

  Retail

  $1,053,594

Location Insight

City

Saint Augustine

County

St. Johns

State

Florida

Latitude

29.8912

Longitude

-81.3187

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].