Rare Development Opportunity in Historic Downtown St. Augustine. Two customizable lots for development with plans for luxury townhome or apartment style living on brick paved and historic Palm Row. The existing building at 5 Palm Row to be remodeled and restored to a residential duplex. *This listing is for the sale / reservation of one unit of the duplex after remodel.* The entire parcel offers the unique possibility to combine commercial and residential endeavors. Initial townhome price of $785,000 subject to final plans. Call for build to suit options. Near visitor attractions, the St. Augustine Municipal Marina and Flagler College, the proposed upscale units could be fantastic seasonal / long-term rentals, residences for boat owners, or an upscale housing option. Easy access to beaches via AIA.
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