1. Florida
  2. St. Augustine
  3. 554 MARKET Street
$4,500,000

554 MARKET Street, St. Augustine, FL 32095

  • 15,660 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $287/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

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.

Listing Status:
Active
Date Added:
September 1, 2025 at 05:00AM
Listing Office:
EXIT MAGNOLIA POINT REALTY : 904-269-4600
Listing Agent:
DOUGLAS SENECAL : 478-390-3531
MLS ID:
2106657
  • Parking: Garage

This listing courtesy of DOUGLAS SENECAL, EXIT MAGNOLIA POINT REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Palencia Elementary School

355 Palencia Village Dr, Saint Augustine, FL, 32095

Grades KG-5

0.56 miles away

P

Pine Island Academy

805 Pine Island Rd, Saint Augustine, FL, 32095

Grades KG-8

1.87 miles away

A

Allen D. Nease High School

10550 Ray Rd, Ponte Vedra, FL, 32081

Grades 9-12

5.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.