$6,350,000
Active844 Anastasia Blvd, St Augustine, FL 32080
33,075 sq ft
Listing courtesy of COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES · MLS# GC543551
42 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
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.
Facts
- Property type
- Retail
- Year built
- 1952
- Flood zone
- AE
- Annual taxes
- $60,335/yr
- Listed
- Sep 16, 2026
- MLS #
- GC543551
Commercial details
Building & site
- Building size
- 26,485 SF
- Office / retail space
- 26,485 SF
- Lot size
- 1.29 acres (56,256 SF)
- Zoning
- CL2
- Road frontage
- State Road
- Buildings
- 1
Investor metrics
- Price per SF (MLS)
- $239.76/SF
- Cap rate
- 7%
- Net operating income
- $444,530/yr
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
Price & status history
- Listed for $6,495,000
- Price reduced to $6,350,000
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844 Anastasia Blvd, St Augustine, FL 32080
Listing courtesy of COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES · MLS# GC543551 · Active
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
