For sale

844 Anastasia BlvdSt Augustine, FL 32080

$6,350,000Price reduced $145,000
  • 33,075 sq ft
  • 1.29 acres
  • Built 1952

Listing courtesy of COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES · MLS# GC543551

About this home

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.

Virtual tour

Property typeRetail
CommunityCarvers Sub
CountySt Johns
Year built1952
Taxes$60,335 (2025)
Days on market34
MLS #GC543551

Heating & cooling

Central Air

Construction

Other

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Rate shown is Freddie Mac's average 30-year rate (October 15, 2026). Principal and interest only; taxes, insurance and any HOA are extra. Not a loan offer.

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Listing information is provided by Stellar MLS as distributed by MLS Grid, for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information submitted to the MLS GRID as of October 27, 2026 at 9:45 PM Eastern. 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. Listings shown with the listing brokerage.