This exceptional 3.595-acre parcel, located just off US 1, offers rare waterfront opportunities on San Marco Avenue in the heart of St. Augustine's historic district. With 438 feet of frontage on San Marco Avenue and an additional 356 feet along Court Edna, this corner location provides high visibility and prime access for commercial development. The property is zoned CM-2 (Commercial Medium-2), which permits a wide range of uses, including hotels, motels, multi-family dwellings, office parks, shopping plazas, and service establishments, among others. The parcel is ready for immediate development, with surveys, topographic maps, and environmental reports available. Approximately one acre is classified as wetlands, which may impact the development plan but is still suitable for a variety of projects. This site offers an excellent opportunity for businesses looking to capitalize on the growing demand in this vibrant area. Seller financing is available with a substantial down payment, and terms are negotiable.