Commercial Sale · Retail
844 ANASTASIA BOULEVARD, ST AUGUSTINE, FL, 32080
Active52 days on marketListed Sep 16, 2026MLS #GC543551
About this property
The property at a glance
Lighthouse Plaza is a fully leased, 16-unit retail center totaling 26,485 SF on 1.46 acres along Anastasia Boulevard (SR A1A), St. Augustine's main corridor between historic downtown and the beaches, a few hundred feet from the St. Augustine Lighthouse and the Alligator Farm. The center is 100% leased (16 of 16 suites) to established local operators on predominantly NNN leases with 3% annual increases. Offered at $6,350,000, a 7.0% cap rate on pro forma NOI of $444,530 (approximately $240/SF), with an average base rent of $16.78/SF. Recent improvements include roof, facade, storefront and electrical work. The sale includes an additional lot on Palmetto Avenue at the rear of the center, currently used for overflow parking.
26,485
Building sq ft
$240
Price / sq ft
1.29
Lot acres
1952
Year built
1
Building
CL2
Zoning
Retail
Property type
The numbers
Investment snapshot
7%
Cap rate
$444,530
Net operating income
Estimated payment (illustrative)
Estimated payment
$38,488/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Seth to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
617
Population
$135,875
Median income
49
Median age
2
Avg household
$586,500
Median home value
$1,380/mo
Median rent
40%
Households w/ kids
Consumer profile
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Love is in the air when this population is present. Includes people expressing their feelings for significant others in special ways. Common activities include anniversaries and date nights.
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Recent sales
What actually sold near 844 ANASTASIA BOULEVARD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$60,000
106 ST. GEORGE STREET
600 sqft · $100/sqft · Sold Aug 17, 2026
$17,460
2600 US HIGHWAY 1 S UNIT 2
Sold May 27, 2026
$28,416
69 S DIXIE HIGHWAY UNIT 1
Sold Mar 25, 2025
Your team
The pros in your corner
Your agent
Seth Cabrera - Rothschild
Realtor · CENTURY 21 Edge
Tours, offers, and every question about 844 ANASTASIA BOULEVARD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 844 ANASTASIA BOULEVARD.
See it in person
Schedule a tour
Live availability from Seth's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES · Eric Maimo. MLS #GC543551.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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