About 554 Market Street
Palencia in St. Johns County in St. Augustine is an upscale community that attracts great tenants. Currently a 7 Cap. 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. Short-term rental option for one of three units. Three addresses: 550 MARKET ST - 1070sqft Office 554 MARKET ST - 2350sqft Townhome 359 MIDWAY ST - 550sqft Apartment
Features of 554 Market Street
| MLS® # | 2106657 |
|---|---|
| Price | $859,000 |
| Square Footage | 3,916 |
| Acres | 1.00 |
| Year Built | 2007 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 554 Market Street |
|---|---|
| Area | 312-Palencia Area |
| City | St. Augustine |
| County | St. Johns |
| State | FL |
| Zip Code | 32095 |
Amenities
| Parking | Garage |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
Exterior
| Lot Description | On Golf Course |
|---|
Additional Information
| Date Listed | September 1st, 2025 |
|---|---|
| Days on Market | 79 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXIT MAGNOLIA POINT REALTY |
|---|