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3940 STATE ROAD 16, St. Augustine, FL 32092

$2,990,000
Property Type: Land Lot Size (sq. ft.): 1,137,787 Status: Active
Current Price: $2,990,000 List Date: 2/26/2026 Last Modified: 3/12/2026

Overview

Description

This ±26.13 acre property at 3940 State Road 16 in St. Augustine, Florida offers an excellent opportunity for commercial or mixed-use development in a rapidly growing corridor. Approximately 7.57 acres of uplands provide about 523 feet of frontage along State Road 16, offering strong visibility and convenient access. The buildable area is zoned Commercial Intensive and Commercial Highway Tourist, allowing for a wide range of uses. The remaining ±18.69 acres consist of RMH-zoned wetlands, creating a natural buffer extending toward Interstate 95. Located near World Golf Village and the St. Augustine Premium Outlets, the property benefits from increasing traffic and surrounding development. State Road 16 continues to emerge as a key retail corridor, enhancing long-term investment potential. Improvements include a renovated office building with front and rear canopies, plus multiple outbuildings including pole barns and a storage shed.

Listing Details MLS# 2132068

General Property Information

Lot Size Acres
26.12
CDD Fee YN
No
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Senior Community YN
No
Directions
Head toward World Commerce Pkwy/World Golf Vlg Blvd, turn left onto World Commerce Pkwy, 0.7 mi Turn left onto S Francis Rd,1.6 mi Turn left onto FL-16 E, Destination will be on the left
Public Remarks
This ±26.13 acre property at 3940 State Road 16 in St. Augustine, Florida offers an excellent opportunity for commercial or mixed-use development in a rapidly growing corridor. Approximately 7.57 acres of uplands provide about 523 feet of frontage along State Road 16, offering strong visibility and convenient access. The buildable area is zoned Commercial Intensive and Commercial Highway Tourist, allowing for a wide range of uses. The remaining ±18.69 acres consist of RMH-zoned wetlands, creating a natural buffer extending toward Interstate 95. Located near World Golf Village and the St. Augustine Premium Outlets, the property benefits from increasing traffic and surrounding development. State Road 16 continues to emerge as a key retail corridor, enhancing long-term investment potential. Improvements include a renovated office building with front and rear canopies, plus multiple outbuildings including pole barns and a storage shed.
List Price/Acre
114471.67

Property Features

Current Use: Agricultural; Commercial Lot Features: Wetlands Utilities: Sewer Available; Water Available Water Source: Private; Well View: Trees/Woods Other Structures: Barn(s); Shed(s) Road Frontage Type: State Road Listing Terms: Other Possession: Close Of Escrow

Contract Information

Property Sub Type
Unimproved Land
Listing Contract Date
2026-02-20

Location Tax and Legal

Street Number
3940
Street Name
STATE ROAD 16
County
St. Johns
State
FL
Postal Code
32092
MLS Area Major
308-World Golf Village Area-SW
Subdivision Name
World Golf Village

Status Change Information

Major Change Timestamp
2026-02-26T17:12:22Z
Major Change Type
New Listing

Location, Tax, and Legal

Country
US
Parcel Number
0290900010
Tax Annual Amount
12338.82
Tax Year
2025
Tax Legal Description
4-1 PT OF G W PERPALL GRANT LYING N OF SR 16 500FT
Zoning Description
Commercial

More Information

Currently Not Used

Pool Private YN
No

Current Use

Agricultural
Yes
Commercial
Yes

Listing Terms

Other
Yes

Lot Features

Wetlands
Yes

Other Structures

Barn(s)
Yes
Shed(s)
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

State Road
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

View

Trees/Woods
Yes

Water Source

Private
Yes
Well
Yes
Listing Office: KELLER WILLIAMS ST JOHNS
Source MLS Verified
Last Updated: March - 12 - 2026
Information deemed reliable but not guaranteed.

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