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St. Augustine Land Listing Hides a Rare Treasure Beneath the Surface

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Florida open land
The 21-acre property is on the market for $10 million.

At first glance, the 21.3-acre parcel for sale off Four Mile Road and Holmes Boulevard in St. Augustine might look like any other verdant swath of undeveloped Florida land.

But what lies just beneath the sandy surface tells a different story — one with historic roots and modern-day value.

This land sits atop a rare deposit of coquina rock, a naturally occurring mix of shell and limestone that has shaped the region’s past and may influence its future.

Coquina is no ordinary stone. “With a rich blend of shell and limestone, this resource is not only durable but also a rare and valuable commodity in Northeast Florida,” the listing notes.

Historically used in the construction of colonial-era structures like the nearby Castillo de San Marcos, coquina continues to serve practical and aesthetic roles today — in everything from erosion control and road base to high-end landscaping and historic preservation.

Castillo de San Marco
St. Augustine’s famed Castillo de San Marco was fashioned out of coquina. (Wikimedia Commons)

The potential, broker Kristen Maguire notes, goes deeper than square footage and a St. Augustine address.

“On this property, it’s ready to be drilled and accessed — an incredible advantage for contractors, developers, or investors looking to extract, repurpose, or profit from a natural asset,” she wrote. “In a market where coquina reserves are dwindling and development pressure is high, land like this represents an increasingly rare convergence of natural resource and strategic location.”

The property itself is described as “mostly raw, partially cleared land with road access and ample space for equipment and operations.”

That opens the door for a range of uses — from quarrying and resale of the rock to holding the land as a long-term investment or preparing it for future development as the surrounding area continues to grow.

“This is more than just land — it’s a natural resource investment with tangible return possibilities,” the listing states.

The listing does note, however, that a potential buyer must “verify usage and extraction feasibility” before drilling down into the deal.

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