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29 Florida Ave
Saint Augustine, FL 32084
Land For Sale · 0.57 AC

Investment Highlights

  • 0.57± Acre Development Site – Two adjacent parcels in the City of St. Augustine. Cleared site with city water and sewer available.
  • Prime Historic St. Augustine Location – Near Flagler College and the historic downtown district with views of the San Sebastián River and iconic city
  • RG-1 Medium Density Zoning – Allows multi-family housing, bed & breakfast inns, rooming/boarding houses, and similar residential uses; up to 16 units

Executive Summary

Two adjacent parcels totaling approximately 0.57 acres located within the City of St. Augustine and zoned RG-1 (Residential General – Medium Density). The site is cleared and development-ready with city water and sewer available. RG-1 zoning allows a variety 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. The zoning district allows up to 16 dwelling units per acre for multi-family development, subject to applicable development standards. The property benefits from views of the San Sebastián River, the Cathedral Basilica dome, and the Great Cross, and is located near Flagler College and the historic downtown St. Augustine district, providing strong demand drivers for residential or boutique hospitality development.
Opportunity for developers and investors seeking medium-density residential or hospitality-oriented development within the City of St. Augustine.

Property Facts

Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.57 AC
Zoning RG-1

1 Lot Available

Lot

Price $511,102 CAD
Price Per AC $896,671.02 CAD
Lot Size 0.57 AC

Description

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 residential or boutique hospitality project in one of Florida’s most supply-constrained historic 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, providing developers flexibility to deliver 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, and setbacks. The combined parcel size and zoning designation create meaningful potential for a thoughtfully designed residential or hospitality project. 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 and housing demand in St. Augustine. Located near Flagler College, historic downtown St. Augustine, marinas, dining, and cultural attractions, the site sits within one of Northeast Florida’s most desirable and historically significant coastal markets. With flexible medium-density zoning, available infrastructure, 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 project in America’s oldest city.

  • Listing ID: 39661425

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: 29 Florida Ave, Saint Augustine, FL 32084

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