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844 ANASTASIA BOULEVARD

Commercial For Sale
$6,350,000

BTC: 79.87421384

ETH: 2,695.57797861

-$145K (2026/10/20)
40 days
0 room(s)
33,075 sqft

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.

Location

Florida • ST AUGUSTINE • 32080 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1952
Lot:
1.29 Acres
Heating:
No Data
Price/sqft:
$192
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$60,334
2025
All facts and features

  • Cooling

    • Central Air

  • Property

    • Levels: One

    Lot

    • Lot: 1.29 Acres

    Other Property Information

    • Parcel Number: 1576800000

    • Zoning: CL2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $60,335

  • Source details

    • MLS ID: GC543551

    Other facts

    • Construction Materials: Other

    • Foundation Details: Other

    • Living Area: 33075

    • Water Source: Public

    • Lot Size Dimensions: 179 x 119

    • Subdivision Name: CARVERS SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32080
41
median $549K
Active
Same city
ST AUGUSTINE
164
median $399K
Active
Same type
Commercial
13
median $875K
Active
Similar price
$4.4M – $8.3M
5
median $5.9M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES