Ad #7404675
MLS #2134751
Rare development opportunity consisting of two adjacent RG-1 --
29 & 27A FLORIDA Ave, St Augustine, Florida, 32084
$365,000
--Beds
--Baths
--Sqft
0.570Acres
About this property
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 standards, 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 Sebastian 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 Sebastian 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.
Property Features
0 Beds
0 Baths
0 Sqft
0.570 Acres
On Beachfront
$1,905 / yr property tax
Saint Johns County
Ravenswood Community
Additional Photos
Contact Information
FRANK PEREZ-ANDREU
Atlantic Partners Realty St Augustine LLC
904-501-9896
Location
Listing Agent: FRANK PEREZ-ANDREU 904-501-9896
Broker: Atlantic Partners Realty St Augustine LLC 904-797-7442 Listing Site
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Atlantic Partners Realty St Augustine LLC 904-797-7442 Listing Site
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$365,000
--
Beds
--
Baths
--
Sqft
29 & 27A FLORIDA Ave, St Augustine, Florida, 32084
By contacting this agent you agree to these Terms and Conditions.
MLS# 2134751
Rare development opportunity consisting of two adjacent RG-1 --
$365,000
29 & 27A FLORIDA Ave, St Augustine, Florida, 32084
--
Beds
--
Baths
--
Sqft
0.570
Acres
$365,000
29 & 27A FLORIDA Ave, St Augustine, Florida, 32084
-- Beds
-- Baths
-- Sqft
0.570 Acres
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 standards, 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 Sebastian 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 Sebastian 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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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.570 Acres
BEACH & VIEW
On Beachfront
FINANCIAL & COMMUNITY
$1,905 / yr property tax
Saint Johns County
Ravenswood Community
See More Details
Location
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Ad Statistics
Ad Number
7404675
Viewed
98 times
Listing Status
Active
Added
Mar 13, 2026
Last Refresh
Jul 24, 2026 07:15:10 PM
Listing Information
Data Source
RealMLS
Source Property ID
2134751
Listing Agent: FRANK PEREZ-ANDREU 904-501-9896
Broker: Atlantic Partners Realty St Augustine LLC 904-797-7442 Listing Site
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Atlantic Partners Realty St Augustine LLC 904-797-7442 Listing Site
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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