$6,350,000

844 Anastasia Blvd, St Augustine FL, 32080

Price per sqft$3,135.80

Built in1952

Property size2,025 sqft

Property typeCommercial

Courtesy of Eric Maimo with Coldwell Banker Commercial Premier Properties

Overview

Active

Listed Aug 18, 2026

Updated 4h ago

Lighthouse Plaza is a fully leased, 16-unit retail center totaling 26,485 SF on 1.46 acres along Anastasia Boulevard (SR A1A), St. Augustine's main corridor between historic downtown and the beaches, a few hundred feet from the St. Augustine Lighthouse and the Alligator Farm. The center is 100% leased (16 of 16 suites) to established local operators on predominantly NNN leases with 3% annual increases. Offered at $6,350,000, a 7.0% cap rate on pro forma NOI of $444,530 (approximately $240/SF), with an average base rent of $16.78/SF. Recent improvements include roof, facade, storefront and electrical work. The sale includes an additional lot on Palmetto Avenue at the rear of the center, currently used for overflow parking. Recently Renovated 100% leased - 16 of 16 suites on predominantly NNN leases with 3% annual increases High-exposure frontage along Anastasia Blvd Flexible zoning allows a range of retail and commercial uses

Additional information

MLS^® ID: 263704

Interior Features

Bathrooms: 1
Basement: No

Exterior Features

Lot Size: 1.46 Acres

Other Property Details

Taxes: $60,335
Tax Frequency: Annually

Also listed on NEFMLS

Listing Contact: 904-537-6443

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