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
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.
More Information MLS# 2000521
Contract Information
Current Price: $16,000,000
Property Sub Type: Unimproved Land
Status: Closed
Sold Price: $16,000,000
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
General Property Information
Lot Size Acres: 1028
CDD Fee YN: No
Association YN: No
Waterfront YN: Yes
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.
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
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
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
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Last Updated: March - 01 - 2025
Information deemed reliable but not guaranteed.
