Open-Plan Office
103 Anastasia Blvd, St Augustine, FL 32080
For Sale
$1,149,000
COMMERCIAL/INDUSTRIAL, St Augustine, FL
Property Size2,400 SF
Lot Size0.29 Acres
Price / SF$478.75
Days on Market143
Property Features for 103 Anastasia Blvd
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Description
Legal Description
Building Details
Year built
Floors in Building
Buildings
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: Nov 4
Last Checked: Nov 7 at 4:06AM
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.
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Investment Insights
Based on property information with market context.
This 2,400-square-foot office and retail building at 103 Anastasia Blvd offers an open interior without partitions, providing a clean starting point for buildout. The property has concrete block construction, a metal roof, and two bathrooms. It sits on a 0.29-acre parcel with a paved parking area accommodating approximately 20 vehicles.
The building includes 126 feet of frontage along Anastasia Blvd on Anastasia Island and is near the Bridge of Lions. CL-2 zoning supports a range of stated uses, including retail outlet, service establishment, restaurant, hotel, and office building. Built in 1966, the property combines an adaptable interior with established site improvements and direct boulevard exposure.
The building includes 126 feet of frontage along Anastasia Blvd on Anastasia Island and is near the Bridge of Lions. CL-2 zoning supports a range of stated uses, including retail outlet, service establishment, restaurant, hotel, and office building. Built in 1966, the property combines an adaptable interior with established site improvements and direct boulevard exposure.
Key Highlights
- 2,400‑square‑foot office and retail building with an open, unpartitioned interior
- 0.29‑acre parcel with 126 feet of frontage on Anastasia Blvd
- Paved parking lot with space for approximately 20 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,610
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,200
$672.2K
Cap Rate 7%
$480,143
$480.1K
Cap Rate 9%
$373,444
$373.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$57.6K $24.00/SF
− Vacancy
−$12.8K −$5.33/SF
EGI
$44.8K $18.67/SF
− OpEx
−$11.2K −$4.67/SF
NOI
$33.6K $14.00/SF
Area
St. Johns County, FL
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,200
Cap Rate 7%
$480,143
Cap Rate 9%
$373,444
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.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,258
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
$497,500
Median Home Value
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Market
Average Price Trend$/SF for Office Units in St Augustine, FL
Properties on Market for Office Units in St Augustine
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible commercial space with CL-2 zoning, paved parking, and a layout ready for tenant improvements.
Where is this office unit 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: 2,400‑square‑foot office and retail building with an open, unpartitioned interior; 0.29‑acre parcel with 126 feet of frontage on Anastasia Blvd; Paved parking lot with space for approximately 20 vehicles
