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St. Augustine,FL 32095
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 15,660 sqft
Price per Sqft $287
MLS Listing ID 2106657
Year Built 2007
Annual Tax Amount $11,218
Lot Size 1.000 Acres
Property Sub-Type Business
Property Description
The Gideon Development, LLC portfolio was established in 2012 and has matured to be a clean, very stable and diversified asset. By assuming the entire business
structure you would benefit from retaining the current property tax basis.
Palencia in St. Johns County in
St. Augustine is an upscale community that attracts great tenants. If managed well, at current pace then one should be
able to project 3-4% yearly increase in revenue and long-term leases are positioned as such.
Location
State FL
County St. Johns
Area 312-Palencia Area
Exterior
Parking Features Garage
Building
Lot Description On Golf Course
Story 3