For sale · listed Nov 12, 2025
$365,000
0.57 acresZoning Residential · City Street · City water
29 & 27A FLORIDA Avenue, St. Augustine, FL 32084
0.57 acres of land (waterfront per the listing) in St. Augustine
Est. $2,163/mo · See the estimate
Listing courtesy of KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Overview
- PropertyLand
- Lot0.57 acres
- ZoningResidential
- Road frontageCity Street
- Road surfaceAsphalt
- WaterPublic
- TreesCleared
- HOANone
- Days on market334
- SubdivisionRavenswood
- MLS #2117511
On the water
The listing says this home is on the water. Its water is not mapped yet: Deedlio's water map covers the Clay County area for now, so there is no water body or boat access to show. See "Pool, water & view" below for what the listing says.
What's special
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 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.
Facts & features
Pool, water & view
- View
- River
- Waterfront Features
- River Front, Marsh
Exterior & lot
- Lot (sq ft)
- 24,829.2
- Lot Features
- Cleared, Historic Area
- Number Of Lots
- 2
- Road frontage
- City Street
- Road surface
- Asphalt
- Zoning
- Residential
Heating, cooling & utilities
- Utilities
- Electricity Available, Sewer Available, Water Available
- Water source
- Public
Schools
- Elementary School
- Webster
- High School
- St. Augustine
- Middle Or Junior School
- Murray
Community & HOA
- CDD fee
- No
Taxes & financing
- Tax year
- 2024
- Yearly property tax
- $1,693
Other
- Current Use
- Multi-Family, Residential
- List Price Acre
- 640,350.88
- Possession
- Close Of Escrow
- Water Body Access
- No
Location
Monthly payment estimate
$2,163 per month
Estimate only, not a loan offer. The rate is this week's U.S. average for a 30-year fixed loan (Freddie Mac PMMS, week of 2026-10-08). Your rate, taxes, insurance and costs will differ. Talk with a licensed lender for real numbers.
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