Bunnell, FL 32110,703 S State ST
Bunnell, FL 32110,703 S State ST
Bunnell, FL 32110,703 S State ST
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$1,600,000
Est. payment /mo
9 Baths
10,689 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,689 sqft

Price per Sqft $149

MLS Listing ID 1219480

HOA Y/N No

Year Built 2001

Annual Tax Amount $13,502

Lot Size 5 Sqft

Acres 5.72

Property Sub-Type Mixed Use

Source Daytona Beach Area Association of REALTORS®

Property Description

9-Unit Commercial / Mixed-Use Complex with 7 Storage Units

Zoning: I-B (Industrial/Business)
Building Size: ±8,500 SF | Lot Size: ±2.9 Acres
Income: Approx. $16,841/month
Prime Location

Situated on high-visibility State Street (U.S.-1) in the heart of Bunnell's expanding commercial corridor. This solid concrete block complex is strategically located minutes from Downtown Bunnell, Palm Coast, and Flagler Beach, offering convenient access to I-95 and SR-100. The area is seeing consistent growth in both commercial and residential development—making this an ideal time to invest. Property Overview

Nine (9) Condominium-Style Units: Each ranging from approximately 1,200 - 1,400 SF

Independent electric meters and private entrances

Individual HVAC systems

Flexible configurations suitable for office, retail, flex, or light industrial use

Rear Storage Section: Jointly owned and governed by a Separation Agreement

(5) storage units at approx. 250 SF each

(2) storage units at approx. 500 SF each

Total Building Area: ±8,500 SF (per public record)

Ample On-Site Parking with front and side access

Concrete Block Construction ensures durability and low maintenance

=° Investment Highlights

Current monthly rent: ±$16,841

Mix of stable tenants and owner-user potential

High traffic exposure along a major U.S. route

Versatile zoning (I-B) allows for wide commercial use

Excellent opportunity for cash flow + long-term appreciation

Future redevelopment potential on ±2.9-acre site

Ideal Uses

Mixed-Use Commercial Complex

Auto / Contractor Service Center

Showroom + Storage Combination

Retail / Office / Flex-Space Investment

Investor or Owner-User Hub

This property entity includes a Separation Agreement governing the shared storage area.
Do not disturb tenants.Each condo unit has independent electric meters and private entrances,electric meters, Air Condition & heating system
Concrete block construction; easy access for loading and storage.
Ideal for: investor, contractor, small business hub, storage rental, or redevelopment.
Location:
Situated minutes from downtown Bunnell, Palm Coast, and Flagler Beach, this corridor offers strong traffic counts, excellent exposure, and access to I-95 and SR-100. The area is experiencing steady commercial and residential expansion, making it an excellent time to investment
Mixed-use commercial complex
Auto or contractor service center
Showroom and storage combo,Retail, office, or flex-space investment This entity includes a separation agreement governing the shared storage portion.
Please contact the listing agent directly to discuss the full sales package and ownership details.

Location

State FL

County Flagler

Area 60 - Palm Coast

Direction US 1 & SR 100,Head South to 703 State

Region Bunnell

City Region Bunnell

Interior

Heating Electric, Heat Pump, Hot Water, Separate Meters

Cooling Central Air, Electric, Multi Units, Separate Meters, Varies by Unit, Ceiling Fan(s), Exhaust Fan, Heat Pump

Flooring Carpet, Concrete, Terrazzo, Tile

Heat Source Electric, Heat Pump, Hot Water, Separate Meters

Exterior

Parking Features Additional Parking, Assigned, Attached Carport, Carport, Detached Carport, Parking Lot, RV Access/Parking, Shared Driveway, Varies by Unit

Fence Back Yard, Wire

Utilities Available Cable Available, Cable Connected, Electricity Connected, Sewer Available, Sewer Connected, Water Connected

View Y/N No

Roof Type Shingle,Mixed

Road Frontage City Street, County Road, Highway, State Road

Building

Lot Description Split Possible

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Block,Brick,Cement Siding,Concrete

Others

Tax ID 10-12-30-0850-02990-0000

Ownership Sibs Development Inc

Security Features Fire Alarm,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other


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Listed by Terry Sitaram • Realty Pros Commercial

Learn More About LPT Realty

Robyn Stahl

Robyn Stahl

+1(386) 681-7206

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703 S State ST