$365,000
42 South #LOT 5 PALMER SAINT, Saint Augustine, FL 32084
- 1935
- year built
- Status:
- Active
- MLS #:
- 264112
- County:
- Saint Johns
- Listed By:
- E. Betsy Kelly - One Sotheby's - Downtown
- Agent Phone:
- (904) 806-7276
- Agent Email:
- ekelly@onesothebysrealty.com
Sponsoring Broker: Tracy Glochau, Berkshire Hathaway HomeServices Florida Network Realty
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.
Highlights
- Commercial Sale
- Built in 1935
- 0.21 Acre Lot
- 54 days on Market
-
- Year Built
- 1935
-
- Construction Materials
- Aluminum Siding
-
- Cooling
- Window Unit(s)
-
- Acres
- 0.21
-
- Area
- 05N
-
- County
- Saint Johns
-
- City
- Saint Augustine
-
- Zip Code
- 32084
-
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Price History
| 09/15/2026 | Listed | $565,000 |
| Source: Stellar MLS #FC321470 | ||
| 09/15/2026 | Listed | $695,000 |
| Source: Stellar MLS #FC321468 | ||
| 09/15/2026 | Listed | $695,000 |
| Source: realMLS #2164957 | ||
| 09/15/2026 | Listed | $565,000 |
| Source: St Augustine and St Johns County BOR #264113 | ||
| 09/15/2026 | Listed | $365,000 |
| Source: St Augustine and St Johns County BOR #264112 | ||
| 09/15/2026 | Listed | $695,000 |
| Source: St Augustine and St Johns County BOR #264110 | ||
Source: MLS Data
Deed History
| 06/21/2017 | Warranty Deed | $22,000 |
| 02/12/2008 | Warranty Deed | $0 |
| 03/05/2001 | Warranty Deed | $39,500 |
Source: Public records via Constellation Data Labs
Mortgage History
| 03/05/2001 | Seller Carryback / Seller Financing / Seller take-back | $30,500 |
Source: Public records via Constellation Data Labs
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There are currently 2444 properties available in Saint Augustine, with 187 under contract to close soon. Properties in the city have an average sale price of $584,122 and typically spend 116 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 42 South #LOT 5 PALMER SAINT?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $365,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Saint Augustine, and can even get you in to see the property quickly.
How do I get a virtual tour of 42 South #LOT 5 PALMER SAINT?
Yes! A virtual tour is available for 42 South #LOT 5 PALMER SAINT. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 42 South #LOT 5 PALMER SAINT?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 42 South #LOT 5 PALMER SAINT at around $2,169. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 42 South #LOT 5 PALMER SAINT?
In most cases, yes. Whether 42 South #LOT 5 PALMER SAINT is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Saint Augustine's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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How long has this property been on the market?
42 South #LOT 5 PALMER SAINT was listed on September 15, 2026, which means it's been on the market for 54 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1935, making it approximately 91 years old.
What is the lot size of this property?
42 South #LOT 5 PALMER SAINT sits on a 0.21-acre lot, which is 9,148 square feet.
What are the property taxes for 42 South #LOT 5 PALMER SAINT?
The most recent public record shows annual property taxes for 42 South #LOT 5 PALMER SAINT were approximately $2,274. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 42 South #LOT 5 PALMER SAINT still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, St Augustine and St Johns County BOR. All rights reserved.
Last Updated: November 08, 2026 at 06:23AM | Source: St Augustine and St Johns County BOR | MLS#: 264112
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