Jacksonville-based Gatlin Development Co. bought a 32.176-acre site in St. Augustine that will be used for a multifamily development.
It is at southeast Florida 16 and Four Mile Road, west of Shoppes at Mission Trace, which is anchored by a Publix Super Market.
Gatlin bought the property Jan. 15 through HWY 16A Apartments LLC for $8.5 million…