Office and Retail Building with
For Sale
Under Contract
$1,149,000
103 Anastasia Blvd, St Augustine, FL 32080
COMMERCIAL - St Augustine, FL
Property Size2,400 SF
Lot Size0.29 Acres
Price / SF$478.75
Days on Market49
Property Features for 103 Anastasia Blvd
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Directions
Cross over the Bridge of Lions onto Anastasia Island. Property is on the right - 103 Anastasia Blvd just before Historic Inn.
Subdivision
06
Standard status
Active Under Contract
APN
219260-0000
Lot size
0.29 Acres
Taxes and HOA fees
Tax Description
3-99 DAVIS SHORES LOTS 12 THRU 16 BLK 39 OR2814/1354 & 3400/ 1219(F/J) & 3510/1738
Legal Description
3-99 DAVIS SHORES LOTS 12 THRU 16 BLK 39 OR2814/1354 & 3400/ 1219(F/J) & 3510/1738
Building Details
Year built
1966
Floors in Building
1
Listing Agency:
Coldwell Banker Premier Properties (A1A Beach) · Coldwell Banker Real Estate
(904) 471-5000
Listed By:
Richard O'Brien
(904) 814-2080
Added: Jun 18
Changed: Aug 4
Last Checked: Aug 5 at 9:06AM
MLS# 262939
Copyright © 2026 St. Augustine & St. John's County Board 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.
Investment Insights
Based on property information with market context.
Concrete block office/retail building on a 0.29-acre parcel with metal roof construction and an open, unpartitioned interior ready for buildout. The layout is completely open space with no partitions, offering flexibility for office or retail use planning.
The property has 126 feet of frontage on Anastasia Blvd and includes a paved parking lot sized for approximately 20 vehicles. It was built in 1966 and contains two bathrooms on site.
Zoned CL-2, the building is positioned to support a variety of uses, including retail outlet, service establishment, restaurant, hotel, and office building, among others.
The property has 126 feet of frontage on Anastasia Blvd and includes a paved parking lot sized for approximately 20 vehicles. It was built in 1966 and contains two bathrooms on site.
Zoned CL-2, the building is positioned to support a variety of uses, including retail outlet, service establishment, restaurant, hotel, and office building, among others.
Key Highlights
- Open, unpartitioned interior ready for buildout
- 126 feet of frontage on Anastasia Blvd
- Paved parking lot for approximately 20 vehicles
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.6k | $24.00 |
| − Vacancy | −$12.8k | −$5.33 |
| EGI | $44.8k | $18.67 |
| − OpEx | −$11.2k | −$4.67 |
| NOI | $33.6k | $14.00 |
2,400 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$480.1K
$420.1K – $560.2K
NOI $33,610 @ 7.0% cap · market cap 2.93%
Second Best
Retail
$387.5K
$339.1K – $452.1K
NOI $27,125 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$640.2K
$560.2K – $746.9K
NOI $44,813 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Explore this area
Business Placement
Demographics for 32080, FL
21,889
Population
16,658
Households
1.3
Avg Household Size
57
Median Age
50%
College-Educated
96%
High-School Grad
15.7 sq mi
ZIP Area
1,394
Density / Sq Mi
$91,201
Median Household Income
$49,302
Median Earnings
$1,631
Median Rent
$497,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Concrete block office/retail building on a 0.29-acre parcel with 126 feet of frontage and paved parking for about 20 vehicles.
Where is this office building located?
The property is located at 103 Anastasia Blvd St Augustine, FL.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Open, unpartitioned interior ready for buildout; 126 feet of frontage on Anastasia Blvd; Paved parking lot for approximately 20 vehicles
