Underutilized parcel and in one of the hottest commercial corridors of the city with 2 marinas as neighbors: One of last remaining waterfront properties with riparian rights intact ; Direct access to Intracoastal and inlet ; Property is zoned Planned Unit Development (PUD) with future land use (FULU) Commercial Low and Medium Density Mixed Use (FULU seems to be split across parcel), max build height 50 feet above grade. See more in additional comments. Marinas on each side (River's Edge and English Landing). 2 minutes from downtown. High traffic U.S. 1 site, with traffic estimated to exceed 40,000 cars daily (2016). Direct access from U.S. 1 (Ponce de Leon Ave) and side access via Lewis Street. 2 small businesses on site; restaurant ($1800 / month) and fruit stand (figure not available), as well as billboard advertising that generates $8,500 annually. 1.64 acres more-or-less (includes riparian). Information comes from public records and past conversations with City of St. Augustine city government. Buyer to verify all zoning, future land use, and measurements.
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