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$4,500,000
48 Days On Site
554 MARKET StreetSt. Augustine, FL 32095
For Sale|Business|Active
0
Beds
0
Total Baths
15,660
SqFt
$287
/SqFt
2007
Built
County:
St. Johns
Listing courtesy of DOUGLAS SENECAL of EXIT MAGNOLIA POINT REALTY
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The Gideon Development, LLC portfolio was established in 2012 and has matured to be a clean, very stable and diversified asset. By assuming the entire business structure you would benefit from retaining the current property tax basis. Palencia in St. Johns County in St. Augustine is an upscale community that attracts great tenants. If managed well, at current pace then one should be able to project 3-4% yearly increase in revenue and long-term leases are positioned as such.
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Listing Snapshot
Price
$4,500,000
Days On Site
48 Days
Bedrooms
N/A
Inside Area (SqFt)
15,660 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1 Acre
Year Built
2007
MLS® Number
2106657
Status
Active
Property Tax
$11,218.88
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing first seen on site | |
| 2 months ago | Listing updated with changes from the MLS® |
General Features
Acres
1
Number Of Stories
3
Parking
Garage
Property Sub Type
Business
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Exterior Features
Lot Features
On Golf Course
Community Features
MLS Area
312-Palencia Area
Listing courtesy of DOUGLAS SENECAL of EXIT MAGNOLIA POINT REALTY
Listing information is provided by Participants of the Northeast Florida Multiple Listing Service(dba realMLS). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northeast Florida Multiple Listing Service(dba realMLS).
Last checked: 2025-10-20 02:26 PM UTC
Listing information is provided by Participants of the Northeast Florida Multiple Listing Service(dba realMLS). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northeast Florida Multiple Listing Service(dba realMLS).
Last checked: 2025-10-20 02:26 PM UTC
Neighborhood & Commute
Source: Walkscore
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