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    703 S State St Bunnell, FL 32110

    For Sale
    $1,600,000

    COMMERCIAL - Bunnell, FL

    Property size:
    10,689 SF
    Lot size:
    5.72 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 703 S State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 7, Bathroom 8, Bathroom 6, Bathroom 9
    Bathrooms
    9
    APN
    10-12-30-0850-02990-0000
    Parking features
    RV, Assigned, Parking Lot, Carport, Driveway
    Accessibility
    Accessible Approach with Ramp
    Size
    10,689 SF
    Lot size
    5.72 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Electric (Heating), Hot Water(Heating)
    Cooling system
    Central Air, Heat Pump, Varies by Unit, Separate Meters, Exhaust Fan (Cooling), Multi Units, Ceiling Fan(s), Electric
    Water source
    Public

    Building Details

    Year built
    2001
    Floors in Building
    1
    Number of units
    9
    Flooring type
    Tile, Concrete, Carpet, Terrazzo
    Building materials
    Block, Brick, Cement Siding, Concrete
    Roof type
    Shingle, Mixed

    Realty Pros Assured Commercial (386) 253-8565

    Listing agent Terry Sitaram (386) 237-4444

    Listing date Oct 31, 2025

    Copyright © 2025 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bunnell Commercial Mixed-Use Complex

    Located on State Street in Bunnell, Florida, this commercial mixed-use complex features nine condominium-style units, each ranging from approximately 1,200 to 1,400 square feet. The property also includes a rear storage section governed by a separation agreement, consisting of five storage units at approximately 250 square feet each and two storage units at approximately 500 square feet each. The total building area is approximately 8,500 square feet, situated on a lot of approximately 2.9 acres. Each condo unit has independent electric meters and private entrances, along with individual HVAC systems. The versatile zoning (I-B) allows for a wide range of commercial uses, including a mixed-use commercial complex, auto or contractor service center, showroom and storage combination, or retail, office, or flex-space investment. Constructed with concrete block, the building ensures durability and low maintenance. Ample on-site parking is available with front and side access. The property is located minutes from downtown Bunnell, Palm Coast, and Flagler Beach, offering access to I-95 and SR-100. The area is experiencing steady commercial and residential expansion. The property is ideal for investors, contractors, or small businesses, and offers potential for redevelopment. The current monthly rent is approximately $16,841.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wood Art Furniture Woodworker Financial Auto Group ... Motor Vehicle Dealer outcastz custom cycleworks Motorcycle Shop Lil City Lounge Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bunnell
    County
    Flagler
    State
    Florida
    Longitude
    -81.252676
    Latitude
    29.460779

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    FAQs

    What type of property is this?
    Mixed-use property - Nine-unit commercial complex with storage in Bunnell, Florida.
    Where is this mixed-use property located?
    The property is located at 703 S State St Bunnell, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - High Income Potential: Generates approximately $16,841 per month in rental income.; - Prime Location: High-visibility on State Street (U.S.-1) in Bunnell's expanding commercial corridor.; - Versatile Zoning: I-B (Industrial/Business) zoning allows for a wide range of commercial uses.
    (386) 237-4444
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    703 S State St Bunnell, FL 32110
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    Bunnell, FL 32110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    703 S State St Bunnell, FL 32110
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