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Work directly with Krista on any home hereBroker Associate · 20+ years · 500+ closingsChristie's International Real Estate First Coast

This home is in St. Augustine — a home near Pedro Menendez High School.

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Active

Active·Listed today

2940 US 1 S

St. Augustine, FL 32086

$2,995,000Est. $16,394/moMLS# 2167877
0
Beds
0
Baths
0
Sq Ft
—
Built
—
Garage
No
Pool
FEMA Zone XNo HOA7.82 acresUnimproved Land

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Leave your number and I will call to set it up. Before we go I pull the flood zone and the true monthly cost, so you know what you are looking at.

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Krista Fracke, Broker Associate. You'll hear back from me directly, not from a call center.

About this home

St. Augustine

A prime commercial location in St. Augustine with superior visibility, +/- 665 feet of frontage on US Highway 1 South! This location is one of the busiest corridors in St. Augustine with the 2023 AADT showing 41,000 vehicles per day. This site contains a total of 7.8 acres and site work already completed to offer a variety of options. Billboard onsite with monthly income and optional lease. This parcel is located in the US1 mixed-use commercial corridor, and its Commercial Intensive (CI) zoning allows for a variety of future commercial uses. Convenient access to roadways with a median cut.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.28% · 30yr$16,394
Property taxesest. at asking price, St. Johns County$3,985
Estimated total, before insurance$20,379/mo
Seller’s 2025 tax billper the MLS — includes any CDD / assessments$8,410/yr · $701/mo
  • • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
  • • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
  • • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
Mortgage calculator — adjust rate & down payment

Cost to own

Mortgage calculator

$2,995,000
$599,000
Loan Term
Monthly Payment
$16,394
Principal & Interest: $16,394
Property taxes (est.): $3,985
Insurance (est.): $1,997
Estimated Total Monthly
$22,376
*30-year loan at 7.28% APR (avg 30-yr rate 2026-10-01, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Hurricane evacuation zone A

Zone A evacuates first in a storm — typically coastal and surge-prone areas.

Roof: material not specified

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Solar potential: ~995 usable sun-hours per year

Moderate solar exposure — shade or roof orientation limits panel output here.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

As of October 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

Cost to own

Taxes & assessment

2025 property taxes (current owner): $8,410/yr

Estimated taxes if purchased at asking price: ~$47,800/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 1,595 current St. Johns listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll, NEFMLS.

History

Price & status history

  • Oct 5, 2026Listed$2,995,000

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$2,995,000
Bedrooms0
Bathrooms0.00
Full Baths0
Acres7.82 acres
TypeLand
Sub-TypeUnimproved Land
StatusActive
Has PoolNo
Is WaterfrontNo

School Information

Community Information

Address2940 US 1 S, St. Augustine, FL 32086
Area335-St Augustine South
SubdivisionSt Augustine South
CitySt. Augustine
CountySt. Johns
StateFL
Zip Code32086
Lot Size340,639.2 sq ft
Lot Dimensions668x395
Parcel Number2447800230
ZoningCommercial

Amenities

UtilitiesElectricity Available, Sewer Available, Water Available
SewerPublic Sewer
Water SourcePublic

Exterior

Lot DescriptionIrregular Lot, Many Trees

Additional Information

Date ListedOctober 5, 2026
Days on Market328
Tax Amount$8,409.62
Tax Year2025
Listing TermsCash, Conventional
55+ CommunityNo

Listing Courtesy of: KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

Your Local Realtor

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

Interested in this home? I know this area inside and out — let's talk about whether it's the right fit for you.

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20+ years · 500+ closings · NE Florida

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