For SaleRetailActive
844 Anastasia Boulevard
St Augustine, FL 32080
$6,350,000
53 Days On Site
- 33,075Sq Ft
- $192Per Sq Ft
- 1.29Acres
- 1952Built
- Subdivision
- Carvers Sub
- County
- St Johns
- MLS®
- GC543551
Overview
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.
Listing Snapshot
- Price
- $6,350,000
- Days On Site
- 53 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 33,075 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 1.29 Acres
- Year Built
- 1952
- MLS® Number
- GC543551
- Status
- Active
- Property Tax
- $60,334.99 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
9 items
- Acres
- 1.29
- Foundation
- Other
- Levels
- One
- Number Of Stories
- 1
- Property Sub Type
- Retail
- Sewer
- Public Sewer
- SqFt Total
- 26,485
- Water Source
- Public
- Zoning
- CL2
Interior Features
1 item
- Cooling
- Central Air
Exterior Features
2 items
- Construction Details
- Other
- Road Frontage
- State Road
Community Features
3 items
- MLS Area
- 32080 - Saint Augustine
- Township
- 07S
- Roads
- Paved
Location
844 Anastasia Boulevard, St Augustine, FL 32080 · 32080 - Saint Augustine
Neighborhood & Commute
ZIP Code 32080
- Median household income
- $86,998
- Income per person
- $61,722
- Households
- 12,930
- Average household size
- 1.89
- Median age
- 58.5
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $6,350,000
- Listing first seen on site
- Status changed to Active