7720 COUNTY ROAD 214, St. Augustine, FL 32092 (MLS# 2000521)

7720 COUNTY ROAD 214, St. Augustine, FL 32092

$16,000,000
Property Type: Land Lot Size (sq. ft.): 44,779,680 Status: Closed
Current Price: $16,000,000 List Date: 12/21/2023 Last Modified: 3/01/2025

Overview

Description

Excellent opportunity to acquire over 1,000 Acres in St. Johns County, Florida. This site was previously approved as a Planned Rural Development (PRD) with a total of 205 platted lots ranging from 1 to 18 acres in size. The current use of the property is an active potato farm. However, the future highest and best use of this property is residential subdivision development. The central location with excellent access and frontage on the St. Johns River, County Road 13 North, and County 214 allows for multiple development scenarios. Enjoy seasonal farm lease income from agricultural production while plans and financing arrangements are made in order to obtain entitlements and approvals for future residential intensive development.

Listing Details MLS# 2000521

General Property Information

Lot Size Acres
1028
CDD Fee YN
No
Association YN
No
Water Body Access YN
No
Waterfront YN
Yes
Public Remarks
Excellent opportunity to acquire over 1,000 Acres in St. Johns County, Florida. This site was previously approved as a Planned Rural Development (PRD) with a total of 205 platted lots ranging from 1 to 18 acres in size. The current use of the property is an active potato farm. However, the future highest and best use of this property is residential subdivision development. The central location with excellent access and frontage on the St. Johns River, County Road 13 North, and County 214 allows for multiple development scenarios. Enjoy seasonal farm lease income from agricultural production while plans and financing arrangements are made in order to obtain entitlements and approvals for future residential intensive development.
List Price/Acre
17509.73
Sold Price/Acre
15564.2
Directions
From the intersection of US 1 and King Street, head west on King Street for approximately 15 along County Road 214 towards the St. Johns River.

Property Features

Current Use: Agricultural; Farm Lot Features: Agricultural Utilities: Electricity Available; Sewer Not Available; Water Not Available Pool Features: None Listing Terms: Cash; Conventional; Other Possession: Close Of Escrow

Contract Information

Property Sub Type
Unimproved Land
Listing Contract Date
2023-09-28

Location Tax and Legal

Street Number
7720
Street Name
COUNTY ROAD 214
County
St. Johns
State
FL
Postal Code
32092
MLS Area Major
343-Molasses Junction/Elkton
Subdivision Name
Tocoi

Status Change Information

Major Change Timestamp
2023-12-21T17:26:03Z
Major Change Type
Status Change
Purchase Contract Date
2023-09-28
Close Date
2023-09-29
Close Price
16000000

Location, Tax, and Legal

Country
US
Parcel Number
018130-0000
Zoning Description
Agricultural

More Information

Currently Not Used

Pool Private YN
No

Current Use

Agricultural
Yes
Farm
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Lot Features

Agricultural
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Utilities

Electricity Available
Yes
Sewer Not Available
Yes
Water Not Available
Yes
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Source MLS Verified
Last Updated: March - 01 - 2025
Information deemed reliable but not guaranteed.