3940 STATE ROAD 16, St. Augustine, FL 32092 (MLS# 2132068)

3940 STATE ROAD 16, St. Augustine, FL 32092

New Listing
$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: 2/26/2026

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.

More Information MLS# 2132068

Contract Information

Current Price: $2,990,000 Property Sub Type: Unimproved Land Status: Active List Price: $2,990,000 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

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

Status Change Information

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

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
Listing Office: KELLER WILLIAMS ST JOHNS
Last Updated: February - 26 - 2026
Information deemed reliable but not guaranteed.