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Active - Business for sale

844 ANASTASIA BOULEVARD, St. Augustine, FL

33,075 sqft

Facts & features

Business Property type
59 days on Beycome
1952 Year built
$192 Price/Sqft.
56,256 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES as distributed by MLS GRID.

Listed by: Eric Maimo • ericcre@ericmaimo.com • COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES

Co-listed by: COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES

Source: Stellar MLS as distributed by MLS GRID, MLS#: GC543551 Stellar MLS as distributed by MLS GRID logo

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

Come see by yourself

Affordability

$4,130,000$8,575,000
1%20%
0%90%
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Estimated monthly payment

$37,137/mo

  • Mortgage$32,109
  • Property tax$5,028
  • HOA fee
  • Homeowners insurance
Due at closing$5,048,250
Down payment held in escrow$1,270,000
Closing costs$95,250
beycome credit Est.$127,000

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

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$127,000 Credit back

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Travel times

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 7 ft. 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.

$6,350,000 Listed price

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$127,000 Credit back

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