554 Market Street, St. Augustine, FL

$4,500,000

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15,660

Square feet

1.00

Acre

Summary of 554 Market Street, St. Augustine - MLS# 2106657

554 Market Street (zip: 32095), MLS# 2106657 is located in St. Augustine, FL.

Description of 554 Market Street, St. Augustine - MLS# 2106657

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.

Features of 554 Market Street

MLS® # 2106657
Price $4,500,000
Square Footage 15,660
Acres 1.00
Year Built 2007
Type Commercial Sale
Sub-Type Business
Status Active

Community Information : St. Augustine

Address 554 Market Street
Area 312-Palencia Area
City St. Augustine
County St. Johns
State FL
Zip Code 32095

Amenities of 554 Market Street

Parking Garage
Is Waterfront No
Has Pool No

Interior of 554 Market Street

Fireplace No
# of Stories 3

Exterior of 554 Market Street

Lot Description On Golf Course

Additional Information On 554 Market Street

Date Listed September 1st, 2025
Days on Market 43
Foreclosure No
Short Sale No
RE / Bank Owned No
Age Restriction No
New Construction No

Listing Details of 554 Market Street

OfficeEXIT MAGNOLIA POINT REALTY

Listing Map of 554 Market Street

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554 Market Street St. Augustine FL 32095 - MLS# 2106657

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