554 MARKET Street St. Augustine, FL 32095
Other
MLS #: 2106657
Courtesy Of Magnolia Point Realty Inc.
Property InformationDescription
The Gideon Development, LLC portfolio was established in 2012 and has matured to be a clean, very stable and diversified asset. By assuming the entire business structure you would benefit from retaining the current property tax basis. Palencia in St. Johns County in St. Augustine is an upscale community that attracts great tenants. If managed well, at current pace then one should be able to project 3-4% yearly increase in revenue and long-term leases are positioned as such.
Features
- Age: 11-20 Years Old
- Floors: 3
- MLSID: 2106657
MAP & DIRECTIONS
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
