$1,150,000
5961 A1A S, St. Augustine, FL 32080, St. Augustine, FL 32080
Treasure Beach
- Price
- $1,150,000
- Beds / Baths
- 7 / 5
- Living area
- 4,320 sqft
- Year built
- 2007
- Type
- MultiFamily
- Lot
- 0.21 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- St. Johns
- Days on market
- 62
Exceptional mixed-use investment opportunity on Anastasia Island, offering a rare combination of immediate cash flow, exceptional visibility, and long-term redevelopment potential. Positioned directly on A1A with outstanding frontage, this unique property spans two parcels on an oversized double-deep lot, creating a true land play in one of Northeast Florida's most desirable coastal markets. The property consists of five income-producing units with a diversified mix of commercial and residential space. The ground level features two well-maintained office suites, each offering approximately with an ADA-compliant bathroom. One of the commercial suites has been thoughtfully configured to include an additional one-bedroom, one-bathroom apartment in the rear, creating an additional residential income stream while maintaining functional commercial space. Upstairs are two spacious three-bedroom, two-bathroom residences with generous floor plans, ideal for long-term rentals, executive housing, or short-term vacation rentals. This unique blend of commercial and residential uses provides investors with multiple revenue streams while offering flexibility to adapt the property as market demands evolve. The oversized double-parcel site provides ample on-site parking, an increasingly valuable asset for both commercial tenants and residential occupants. Located just moments from the beach, restaurants, shopping, and some of Anastasia Island's most popular destinations, the property benefits from exceptional exposure, strong traffic counts, and consistent demand from both businesses and residents. Whether you're seeking a stabilized mixed-use investment, a value-add opportunity, or a strategic land acquisition along the A1A corridor, properties of this caliber rarely become available. Prime frontage, five income-producing units, flexible mixed-use configuration, multiple revenue streams, and the long-term value of a double-deep parcel combine to create an exceptional investment opportunity in one of the most sought-after locations on Anastasia Island.
What to check on this one
- Verify actual flood zone designation—St. Johns County FEMA map; confirm elevation certificate if AE/VE.
- Pull 2007 roof inspection report; confirm age and remaining lifespan for insurance eligibility.
- Obtain 4-point inspection (roof, plumbing, electrical, HVAC) due to 19-year-old construction.
- Confirm commercial/residential mixed-use zoning allows current five-unit income structure long-term.
- Review all five lease agreements, vacancy rates, and STR rental authorization with city.
- Verify plumbing material and HVAC system age; polybutylene lines problematic pre-1995.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $920,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of THE NEWCOMER GROUP. Data via realMLS (Northeast Florida MLS), updated Aug 17, 2026, 5:10 PM.
IDX information is 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 is deemed reliable but not guaranteed.