40 S Dixie Hwy, St Augustine, FL, 32084

40 S Dixie HighwaySt Augustine, FL 32084Price: $749,000

  • Price: $749,000
  • Est. Mortgage of $/month
  • 135 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.16% last updated on Jan 8, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $749,000List Price
  • 3Bedrooms
  • 2Full Bath
  • 1,369Square Feet

Prime West Augustine Commercial Property with unlimited growth potential. This historic investment property has been an iconic and favorite gathering place for locals and tourists alike for many years. Introducing 40 Old Dixie Highway, a versatile property with commercial zoning, CL-1, located within the city limits of historic Saint Augustine offering endless potential for various uses including, converting back to a three bedroom residential home, lucrative short term rental property, bed and breakfast and many more. This property offers a rare mix of immediate income and future growth potential. Spanning three lots, it is an ideal opportunity for investors, entrepreneurs, or developers. Beyond its current use, the additional land allows for exciting possibilities, build another structure, create an income producing nightly vacation rental or construct an additional private residence on the back lot. The existing building is designed to seat more than fifty guests, featuring indoor and outdoor dining areas, a welcoming front porch, two entrances, two bathrooms, and ADA accessibility. Two off street parking areas provide approximately thirty parking spaces, offering convenience for both patrons and staff. Recent updates include new wood lap siding, exterior paint, window frames, interior paint, kitchen flooring, a modern grease trap, signage, and an onsite storage shed. This offering is for the real estate only, with business and restaurant equipment negotiable separately. Owner financing is available. Please do not approach the tenant. Contact us today for details and to schedule a private tour.

Property Details of 40 S Dixie Highway

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.16% last updated on Jan 8, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Kate Mitchell of One Sotheby's Int (A1A Beach)

Based on information submitted to St. Augustine & St. Johns County Board of Realtors as of January 14, 2026 5:16 PM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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