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Active - Mixed Use for sale

208 S 3RD STREET, Flagler Beach, FL

3,080 sqft

Facts & features

Mixed Use Property type
262 days on Beycome
2005 Year built
$420 Price/Sqft.
5,009 sqft Lot size

Why you’ll love it

Just steps from the shoreline and the brand new pier in the heart of downtown Flagler Beach. This exceptional mixed-use property presents an incredible and rare opportunity in the highly desirable General Commercial zone which offers the most versatile zoning in our town. Positioned in a high-and-dry “X” flood zone, this building offers peace of mind paired with an unbeatable coastal location. Just 1 block from the towns new hotel! The first floor is home to a thriving Pilates studio, creating immediate income potential from day one. Upstairs, a turnkey residential unit features 2 bedrooms, 1 bathroom, and a private deck with a charming peek-a-boo ocean view. Whether used as an owner’s retreat, long-term rental, or short-term rental, the flexibility and income possibilities here are outstanding. Major improvements have already been completed, including a new roof installed in 2022, two HVAC systems replaced in 2019 and 2023, impact windows and doors, and a freshly painted exterior in 2025. The big-ticket items are done, allowing you to focus on maximizing the property’s potential. Just steps from the beach, the pier, coffee shops, restaurants, and everything vibrant downtown Flagler Beach has to offer, properties like this rarely come available. Flagler Beach also boasts the closest distance from I-95 to the ocean in all of Florida, making access incredibly convenient, and is ideally situated between St. Augustine to the north and Daytona Beach to the south. This prime location delivers true small-town coastal charm with easy access to two dynamic and historic destinations. Whether you’re looking to live, work, invest, or create a lifestyle business by the beach, this is a standout opportunity that checks every box: location, updates, flexibility, and strong income-producing potential. Bring all offers !

Translating description...

Listings courtesy of PALM WAVE REALTY as distributed by MLS GRID.

Listed by: Eric Gerlach • jordan@palmwaverealty.com • PALM WAVE REALTY

Co-listed by: PALM WAVE REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: FC316334 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$840,000$1,750,000
1%20%
0%90%
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Estimated monthly payment

$6,901/mo

  • Mortgage$6,548
  • Property tax$352
  • HOA fee
  • Homeowners insurance
Due at closing$1,029,525
Down payment held in escrow$259,000
Closing costs$19,425
beycome credit Est.$25,900

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$25,900 Credit back

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Travel times

About Geo Moody Sub

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,295,000 Listed price

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$25,900 Credit back

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