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Active - Office for sale

42 PALMER SOUTH LOT 5 STREET South Lot, St. Augustine, FL

429 sqft

Facts & features

Office Property type
61 days on Beycome
1935 Year built
$851 Price/Sqft.
9,032 sqft Lot size

Why you’ll love it

Versatile two-bay commercial garage opportunity near the revitalizing West King Street corridor and central St. Augustine. Offered separately as Lot 5, this southern portion of 42 Palmer Street features a detached two-bay garage with independent access from Smith Street, updated infrastructure and valuable potential for future reconfiguration. Both garage bays feature updated roll-up-style doors, insulated interiors, durable coated floors and new window air-conditioning units. The north garage bay has been stubbed for water, creating potential for conversion into an office with a bathroom while allowing the adjacent bay to remain dedicated garage or storage space. Any conversion or change of use is subject to City zoning and permitting approval. Recent improvements include a new roof, windows, exterior doors, underground water, sewer and electrical utilities, fresh exterior paint, updated landscaping, brick pavers, decorative rock, enhanced parking and updated irrigation connected to public water. The property has also been wired to accommodate exterior lighting, an electric gate and keypad access. Located in Flood Zone X with city water and CL-1 commercial zoning, Lot 5 may appeal to an owner-user, service provider or office-forward trade seeking enclosed accessory storage and a centrally positioned operational base. Its Smith Street entrance provides convenient access for equipment, supplies and everyday business activity. The surrounding West City area is the focus of a 30-year City redevelopment initiative emphasizing economic growth, locally oriented businesses, beautification, mobility and infrastructure improvements. The City also reports that a new parking garage at West King Street and US-1, near the Broudy’s Lot, is currently in design. All proposed business, storage and conversion plans are subject to CL-1 zoning, permitting and governmental approval.

Translating description...

Listings courtesy of ONE SOTHEBYS INTERNATIONAL as distributed by MLS GRID.

Listed by: Elizabeth Kelly • betsy.neflrealtor@hotmail.com • ONE SOTHEBYS INTERNATIONAL

Co-listed by: ONE SOTHEBYS INTERNATIONAL

Source: Stellar MLS as distributed by MLS GRID, MLS#: FC321469 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$235,000$495,000
1%20%
0%90%
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Estimated monthly payment

$2,035/mo

  • Mortgage$1,846
  • Property tax$190
  • HOA fee
  • Homeowners insurance
Due at closing$290,175
Down payment held in escrow$73,000
Closing costs$5,475
beycome credit Est.$7,300

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Greeno

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$365,000 Listed price

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