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Listing provided courtesy of KELLER WILLIAMS ST JOHNS- MLS# 2132068MLS Provider

3940 STATE ROAD 16St. Augustine, FL 32092

Vacant Land · 26.12 Acres
$2,990,000 Active

3940 STATE ROAD 16 Overview

Time on Site:
130 days
Visits:
2

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.

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3940 STATE ROAD 16 Facts & Features

  • Type Vacant Land
  • Lot 26.12 Acres

Details

General

Association/HOA

  • Association: No

Business Information

  • Current Use: Agricultural,Commercial

Location/Region

  • Country: US
  • County Or Parish: St. Johns
  • MLS Area Major: 308-World Golf Village Area-SW
  • MLS Area Minor: 308-World Golf Village Area-SW
  • Subdivision Name: World Golf Village

Tax Information

  • Tax Annual Amount: 12338.82
  • Tax Year: 2025

General Information

  • Listing Terms: Other
  • Parcel Number: 0290900010
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Wetlands
  • Lot Size Acres: 26.12
  • Lot Size Area: 26.12
  • Lot Size Square Feet: 1137787.2
  • Lot Size Units: Acres
  • Water Source: Private,Well

Waterfront/View

  • View: Trees/Woods
  • Waterfront: No

General Information

  • Other Structures: Barn(s),Shed(s)
  • Pool Private: No
  • Road Frontage Type: State Road
  • Utilities: Sewer Available,Water Available

3940 STATE ROAD 16 Neighborhood

Community

32092 (ST AUGUSTINE) Demographics

41
Median Age
305
Population Density (per sq. mile)
51%
College Educated
$90,668
Estimated Median Income
12,015
Estimated Total Home Owners
1,641
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3940 STATE ROAD 16 Monthly Cost

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Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3940 STATE ROAD 16 Market Data

Based on the last 30 days in this zip code

$612,318
Average List Price
$260
Average Price per Square Foot
163
Properties Sold
90
Average Days on Market
894
Properties for Sale
Calculations provided by Reliance Network

3940 STATE ROAD 16 History

Date Event Value Agent
2/26/2026Source: North East Florida MLS Added to Database
February 26, 2026
2/26/2026Source: North East Florida MLS Added to Database
February 26, 2026
1/24/2025Source: St. Johns/St. Augustine MLS Status Change
Closed
1/24/2025Source: St. Johns/St. Augustine MLS Status Change
Closed
10/21/2024Source: St. Johns/St. Augustine MLS Status Change
Conting_Accpt Backups
10/21/2024Source: St. Johns/St. Augustine MLS Status Change
Conting_Accpt Backups
8/27/2024Source: St. Johns/St. Augustine MLS Price Reduction
$1,999,000 -19.9%
8/27/2024Source: St. Johns/St. Augustine MLS Price Reduction
$1,999,000 -19.9%
5/27/2024Source: St. Johns/St. Augustine MLS Price Reduction
$2,495,000 -7.2%
5/27/2024Source: St. Johns/St. Augustine MLS Price Reduction
$2,495,000 -7.2%
4/1/2024Source: St. Johns/St. Augustine MLS Price Reduction
$2,690,000 -0.4%
2/6/2024Source: St. Johns/St. Augustine MLS Price Reduction
$2,690,000 -0.4%
1/2/2024Source: St. Johns/St. Augustine MLS Price Reduction
$2,700,000 -6.9%
1/2/2024Source: St. Johns/St. Augustine MLS Price Reduction
$2,700,000 -6.9%