For sale

42 Palmer South Lot 5 St #south LotSt Augustine, FL 32084

$365,000
  • 429 sq ft
  • 0.1 acres
  • Built 1935

Listing courtesy of ONE SOTHEBYS INTERNATIONAL · MLS# FC321469

About this home

Versatile two-bay commercial garage opportunity near the revitalizing West King Street corridor and central St. Augustine. Offered separately as Lot 5, this southern portion of 42 Palmer Street features a detached two-bay garage with independent access from Smith Street, updated infrastructure and valuable potential for future reconfiguration.

Both garage bays feature updated roll-up-style doors, insulated interiors, durable coated floors and new window air-conditioning units. The north garage bay has been stubbed for water, creating potential for conversion into an office with a bathroom while allowing the adjacent bay to remain dedicated garage or storage space. Any conversion or change of use is subject to City zoning and permitting approval.

Recent improvements include a new roof, windows, exterior doors, underground water, sewer and electrical utilities, fresh exterior paint, updated landscaping, brick pavers, decorative rock, enhanced parking and updated irrigation connected to public water. The property has also been wired to accommodate exterior lighting, an electric gate and keypad access.

Located in Flood Zone X with city water and CL-1 commercial zoning, Lot 5 may appeal to an owner-user, service provider or office-forward trade seeking enclosed accessory storage and a centrally positioned operational base. Its Smith Street entrance provides convenient access for equipment, supplies and everyday business activity.

The surrounding West City area is the focus of a 30-year City redevelopment initiative emphasizing economic growth, locally oriented businesses, beautification, mobility and infrastructure improvements. The City also reports that a new parking garage at West King Street and US-1, near the Broudy’s Lot, is currently in design.
All proposed business, storage and conversion plans are subject to CL-1 zoning, permitting and governmental approval.

Virtual tour

Property typeOffice
CommunityGreeno
CountySt Johns
Year built1935
Taxes$2,274 (2025)
Days on market5
MLS #FC321469

Heating & cooling

Mini-Split Unit(s)

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Rate shown is Freddie Mac's average 30-year rate (October 15, 2026). Principal and interest only; taxes, insurance and any HOA are extra. Not a loan offer.

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Listing information is provided by Stellar MLS as distributed by MLS Grid, for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information submitted to the MLS GRID as of October 27, 2026 at 6:45 PM Eastern. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings shown with the listing brokerage.