County Road 214

Property feature image
Address: Co Rd 214, St. Augustine, FL 32084, USA
Florida & Gulf Coast + Land/Development
Created date: September 22, 2026
Date last updated: November 6, 2026
Price: $1,749,000Investment Analyzer NEW!
  • Up to 200 IL/AL beds or 80 retirement units (previously approved)
  • PUD approval expired – reinstatement expected during DD
  • 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, previously 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. That approval has expired; reinstatement is expected to be a straightforward process rather than a new rezoning, and a buyer should plan to complete it during due diligence. Surrounded by the built-out Morgan's Cove neighborhood. Buyers should confirm the current entitlement status and the reinstatement process 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
Address: County Road 214, Saint Augustine, FL 32084, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

US Highway 1 & Cottrell Avenue – SEQ

Cocoa, Florida
Florida & Gulf Coast + Land/Development
Price: $7

1621 Royal Palm Avenue

Fort Myers, Florida
Florida & Gulf Coast + Land/Development
Units: 75
Price: $1,350,000

50 Cattlemen Road

Sarasota, Florida
Florida & Gulf Coast + Land/Development

Brokers

View All

Lenders

View All