131 16Th St INVESTMENT OPPORTUNITY - RENOVATE OR BUILD NEW! Located at 131 16th Street in St. Augustine, FL 32080, this property presents a unique opportunity for investors, builders, or buyers looking to create their own vision in a desirable coastal location. PLEASE NOTE: The existing structure has documented termite damage and will require extensive renovations and repairs. Buyers should anticipate a substantial rehabilitation project and are encouraged to conduct thorough inspections and evaluations to determine the full scope of work required. This property offers two potential paths: undertake a full-scale renovation of the existing home or explore the possibility of demolishing the current structure and constructing a brand-new residence, subject to applicable zoning, permitting, and local building regulations. Conveniently situated on Anastasia Island, just minutes from St. Augustine Beach, historic downtown St. Augustine, local restaurants, shopping, and recreational attractions. The location offers an opportunity to invest in an established coastal community with convenient access to everything St. Augustine has to offer. Whether you're an experienced investor seeking your next renovation project or a buyer interested in building a custom coastal home, this property offers exciting possibilities. Property is being offered AS-IS, with the seller making no repairs. Buyers are responsible for independently verifying the condition of the property, renovation feasibility, demolition requirements, and new construction possibilities. Bring your contractor, your builder, and your vision! Please note property is currently tenant occupied with tenant vacating 12/1/26