Crescent Beach Development Opportunity 5795 A1A S Lot | Terrain commercial | 0,95 ha | À vendre | 3 066 770 € | Saint Augustine, FL 32080

This rare assemblage includes five contiguous parcels creating a significant block-sized development opportunity along S. A1A in St. Augustine, Florida, one of the area’s most sought-after coastal corridors. With substantial frontage, strong visibility, and Commercial General (CG) zoning, the property offers the scale, flexibility, and location that developers look for when planning a larger commercial or mixed-use project.
What makes this opportunity especially compelling is the ability to generate residual income while you plan, entitle, and phase future development. The site is currently improved with an approximately 1,680 SF retail building, a 23-unit self-storage facility, and 16 secured boat/RV parking spaces, providing in-place revenue that can help offset holding costs and expenses during the pre-development period.
The CG zoning allows for a broad range of commercial uses, opening the door to retail, service-oriented businesses, destination-oriented concepts, or a more comprehensive redevelopment vision that takes advantage of the site’s size and strategic coastal location. The existing boat/RV storage use is also well aligned with local demand, given the property’s proximity to the Intracoastal Waterway and the continued need for marine and recreational vehicle storage in the St. Augustine market.
For investors and developers, this is more than an income-producing property. It is a chance to control an entire stretch of contiguous frontage in a high-demand corridor, with current cash flow providing a measure of downside protection until the timing is right to execute a larger vision.