Mixed-Use Office and
For Sale
Contact for pricing
740 A1A BEACH BLVD, Saint Augustine, FL 32080
Two-level property combines dedicated business space with a furnished residential unit near the ocean.
Property Size1,715 SF
Price / SF$436.73
Days on Market141
Property Features for 740 A1A BEACH BLVD
General Information
Standard status
Active
Size
1,715 SF
Property subtype
Mixed Use
Additional Details
Floor
First floor
Road Access
Yes
Office Units
1
Building Details
Year Built
1999
Buildings
1
Stories
2
Units
4
Listing Agency:
Ponte Vedra Club Realty
(904) 347-1963
Listed By:
ROBIN ARNOLD, PA · License #3090488
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:14AM
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 Ponte Vedra Club Realty
Investment Insights
Based on property information with market context.
This mixed-use property pairs approximately 800 square feet of first-floor office space with a separate apartment above. The business area has frontage along A1A Beach Blvd and includes off-street parking for clients and staff. A 2-bedroom, 1-bath apartment occupies the upper level and provides a distinct residential component within the building.
The apartment measures 1,000 SF and is currently operated as a vacation rental. It conveys fully furnished and has separate parking for residents or guests. Built in 1999, the property is located east of A1A on A1A Beach Blvd in St. Augustine Beach, near the ocean and along a heavily traveled beach corridor.
The apartment measures 1,000 SF and is currently operated as a vacation rental. It conveys fully furnished and has separate parking for residents or guests. Built in 1999, the property is located east of A1A on A1A Beach Blvd in St. Augustine Beach, near the ocean and along a heavily traveled beach corridor.
Key Highlights
- Mixed‑use building with approximately 800 square feet of office space
- Upper‑level 2‑bedroom, 1‑bath apartment totaling 1,000 SF
- Apartment currently operates as a vacation rental and conveys fully furnished
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,017
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$480,340
$480.3K
Cap Rate 7%
$343,100
$343.1K
Cap Rate 9%
$266,856
$266.9K
Market Conditions
NOI Build-Up for 1,715 SF
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.
Gross rent
$41.2K $24.00/SF
− Vacancy
−$9.1K −$5.33/SF
EGI
$32.0K $18.67/SF
− OpEx
−$8.0K −$4.67/SF
NOI
$24.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$480,340
Cap Rate 7%
$343,100
Cap Rate 9%
$266,856
Alternative Uses
Best Use
Office B
$343.1K
$300.2K – $400.3K
NOI $24,017 @ 7.0% cap · market cap 3.21%
Second Best
Mixed Use
$312.4K
$273.3K – $364.4K
NOI $21,866 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$457.5K
$400.3K – $533.7K
NOI $32,022 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
379
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?
Mixed-use property - Two-level property combines dedicated business space with a furnished residential unit near the ocean.
Where is this mixed-use property located?
The property is located at 740 A1A BEACH BLVD Saint Augustine, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Mixed‑use building with approximately 800 square feet of office space; Upper‑level 2‑bedroom, 1‑bath apartment totaling 1,000 SF; Apartment currently operates as a vacation rental and conveys fully furnished
