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208 3rd Street
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PRICED AT ONLY: $1,350,000

Address: 208 3rd Street, FLAGLER BEACH, FL 32136

Description

Just steps from the shoreline and the brand new pier in the heart of downtown Flagler Beach. This exceptional mixed use property presents an incredible and rare opportunity in the highly desirable General Commercial zone which offers the most versatile zoning in our town. Positioned in a high and dry X flood zone, this building offers peace of mind paired with an unbeatable coastal location. Just 1 block from the towns new hotel! The first floor is home to a thriving Pilates studio, creating immediate income potential from day one. Upstairs, a turnkey residential unit features 2 bedrooms, 1 bathroom, and a private deck with a charming peek a boo ocean view. Whether used as an owners retreat, long term rental, or short term rental, the flexibility and income possibilities here are outstanding. Major improvements have already been completed, including a new roof installed in 2022, two HVAC systems replaced in 2019 and 2023, impact windows and doors, and a freshly painted exterior in 2025. The big ticket items are done, allowing you to focus on maximizing the propertys potential. Just steps from the beach, the pier, coffee shops, restaurants, and everything vibrant downtown Flagler Beach has to offer, properties like this rarely come available. Flagler Beach also boasts the closest distance from I 95 to the ocean in all of Florida, making access incredibly convenient, and is ideally situated between St. Augustine to the north and Daytona Beach to the south. This prime location delivers true small town coastal charm with easy access to two dynamic and historic destinations. Whether youre looking to live, work, invest, or create a lifestyle business by the beach, this is a standout opportunity that checks every box: location, updates, flexibility, and strong income producing potential.

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  • MLS#: FC316334 ( Commercial Sale )
  • Street Address: 208 3rd Street
  • Viewed: 8
  • Price: $1,350,000
  • Price sqft: $438
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 3080
  • Days On Market: 21

Description

Just steps from the shoreline and the brand new pier in the heart of downtown Flagler Beach. This exceptional mixed use property presents an incredible and rare opportunity in the highly desirable General Commercial zone which offers the most versatile zoning in our town. Positioned in a high and dry X flood zone, this building offers peace of mind paired with an unbeatable coastal location. Just 1 block from the towns new hotel! The first floor is home to a thriving Pilates studio, creating immediate income potential from day one. Upstairs, a turnkey residential unit features 2 bedrooms, 1 bathroom, and a private deck with a charming peek a boo ocean view. Whether used as an owners retreat, long term rental, or short term rental, the flexibility and income possibilities here are outstanding. Major improvements have already been completed, including a new roof installed in 2022, two HVAC systems replaced in 2019 and 2023, impact windows and doors, and a freshly painted exterior in 2025. The big ticket items are done, allowing you to focus on maximizing the propertys potential. Just steps from the beach, the pier, coffee shops, restaurants, and everything vibrant downtown Flagler Beach has to offer, properties like this rarely come available. Flagler Beach also boasts the closest distance from I 95 to the ocean in all of Florida, making access incredibly convenient, and is ideally situated between St. Augustine to the north and Daytona Beach to the south. This prime location delivers true small town coastal charm with easy access to two dynamic and historic destinations. Whether youre looking to live, work, invest, or create a lifestyle business by the beach, this is a standout opportunity that checks every box: location, updates, flexibility, and strong income producing potential.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3080.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Central Business District
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 6 to 12
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 49690.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Country: US
  • Legal Description: GEO MOODY SUB BLOCK 33 LOT 7 OR 49 PG 568 OR 491 PG 1632 OR 501 PG 1281 OR 570 PG 1790(DC) OR 745 PG 1040
  • Levels: Two
  • Area Major: 32136 - Flagler Beach
  • Parcel Number: 12-12-31-4500-00330-0070
  • Zoning Code: GC
Nearby Subdivisions
Cochran Place Sub   Flagler Harbor Sub   Fuquay Sub   Geo Moody Sub   George Moody Sub   Sunrise Beach Sub  
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