Four-Unit Mixed-Use
For Sale
Contact for pricing
110 Anastasia Boulevard, St Augustine, FL 32080
Four independently serviced units offer separate access, bathrooms, and ramp-equipped entrances for varied commercial occupancy.
Property Size6,124 SF
Price / SF$432.72
Days on Market188
Property Features for 110 Anastasia Boulevard
General Information
Standard status
Active
Size
6,124 SF
Class
B
Total Parking Spaces
17
Property subtype
Hospitality, Special Purpose, Retail
Zoning
Commercial Limited Two (CL-2)
Occupancy
75%
Lease Type
Gross
Investment Type
Value Add
Net Operating Income
$184,949
Additional Details
Office Units
4
Amenities
ramps at entrances
Building Details
Year Built
1971
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Florida Homes Realty & Mortgage Property Management LLC
Listed By:
Kayla Campbell · License #SL3509514
(904) 708-4221
Source:
Crexi
Added: Apr 13
Changed: Oct 10
Last Checked: Oct 16 at 8:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Florida Homes Realty & Mortgage Property Management LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use building contains four rental units, each with its own entrance and bathroom; one unit also includes a second bathroom. Independent water, electric, and AC systems serve each space, while entrance ramps support access for tenants and customers. The property also includes updated electrical systems, restaurant equipment, a grease trap, and additional airflow valves.
Located on Anastasia Boulevard in St. Augustine, the building provides 17 dedicated parking spaces. The property is in a designated flood zone, and the available information states that it has not experienced flood damage. Two units are leased for two more years, while the other two spaces were previously occupied as separate front and rear units.
Located on Anastasia Boulevard in St. Augustine, the building provides 17 dedicated parking spaces. The property is in a designated flood zone, and the available information states that it has not experienced flood damage. Two units are leased for two more years, while the other two spaces were previously occupied as separate front and rear units.
Key Highlights
- Four rental units with separate entrances and bathrooms
- Individual water, electric, and AC systems for each unit
- 17 dedicated parking spots
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,081
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,561,620
$1.6M
Cap Rate 7%
$1,115,443
$1.1M
Cap Rate 9%
$867,567
$867.6K
Market Conditions
NOI Build-Up for 6,124 SF
Gross rent
$147.0K $24.00/SF
− Vacancy
−$22.0K −$3.60/SF
EGI
$124.9K $20.40/SF
− OpEx
−$46.8K −$7.65/SF
NOI
$78.1K $12.75/SF
Area
St. Johns County, FL
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,561,620
Cap Rate 7%
$1,115,443
Cap Rate 9%
$867,567
Alternative Uses
Best Use
Mixed Use
$1.12M
$976.0K – $1.30M
NOI $78,081 @ 7.0% cap · market cap 2.95%
Second Best
Retail
$988.8K
$865.2K – $1.15M
NOI $69,215 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M
NOI $114,347 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,258
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 36%
Hotels & Casinos 13%
Mellow Mushroom
Dining
15,325 visits/mo
0.3 miles
Circle K
Shops & Services
10,886 visits/mo
0.5 miles
Budget Inn
Hotels & Casinos
3,965 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four independently serviced units offer separate access, bathrooms, and ramp-equipped entrances for varied commercial occupancy.
Where is this mixed-use property located?
The property is located at 110 Anastasia Boulevard St Augustine, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Four rental units with separate entrances and bathrooms; Individual water, electric, and AC systems for each unit; 17 dedicated parking spots
