844 Anastasia Boulevard, St. Augustine, FL
Others for Sale - $6,350,000 - 1.46 acres
Agent Info
| Eric Maimo |
Property Info
| CIMLS# | 1195395 |
| Location 844 Anastasia Boulevard St. Augustine FL 32080 | |
| Updated | October 21st, 2026 |
| Type | Others |
| Price | $6,350,000 |
| Land | 1.46 acres |
Property Description
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.



