County Road 214
- Up to 200 IL/AL beds or 80 retirement units
- 18.1 acres – PUD parcels ALF-1 and ALF-2
- 40 ft height, 25% FAR, 70% impervious max
- 2012 market study: 100 IL + 100 AL units
- Minutes to I-95 via SR 207; 4.3 mi to Flagler Hospital
- About $8,745 per bed at $1,749,000
Property Description
18.1 acres inside the Morgan's Cove PUD at County Road 214 and I-95, west of St. Augustine, entitled for up to 200 beds of independent or assisted living, or up to 80 cottage-style retirement units. The senior living use was approved in a 2012 major modification to the PUD and carried forward in 2018. Surrounded by the built-out Morgan's Cove neighborhood. Buyers should confirm entitlements with St. Johns County.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,749,000 |
| Lot Size: | 18.10 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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