703 S State St

$1,600,000
Price
Beds
Baths
20,878 Sq. Ft.
$77 / Sq. Ft.
20,878
Sq. Ft.
$77
per Sq. Ft.

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...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, an air conditioning & heating system
Concrete block construction; easy access for loading and storage. Ideal for: investors, contractors, small Business hubs, storage rentals, 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 a fantastic time to invest. 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 complete sales package and ownership details.
  1. Listed by Terry Sitaram • Brokerage DRE #1032779 • REALTY PROS ASSURED
    P: (386)-237-4444 C: (386)-237-4444 tsitaram@msn.com

Property Details for 703 South State Street

Subdivision Name
BUNNELL
Township
12
Waterfront
No
LISTING UPDATED: 11/01/2025 03:45 AM

Property Details for 703 South State Street

StatusActive
MLS #V4945682
Days on Market52
Taxes$13,502 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1998
Lot Size2.90 AC / 126,237 SF
CountyFlagler County

Location

Listing Courtesy of REALTY PROS ASSURED
Add your commute

Building Information for 703 South State Street

Stories-Residences-Year Built1998Lot Size2.90 AC / 126,237 SF

Payment Calculator

$9,031 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,906

Property Taxes

$1,125

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 703 South State Street

Summary
Location and General Information
  • Building Area Source: Appraiser
  • Building Area Total: 20878.0
  • Building Area Units: Square Feet
  • Community Features: Expressway
  • Directions: US 1 & Hwy 100, Head South on US 1 To 703 s State
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: City Street, Highway
  • Unit Number: No
  • Street Number: 703
  • Street Direction Prefix: S
  • Street Name: STATE
  • Street Suffix: STREET
  • State: FL
  • City: BUNNELL
Parking
  • Parking Features: 13 to 18 Spaces
Taxes and HOA Information
  • Tax Block: 10 12
  • Tax Book Number: 11013
  • Tax Legal Description: TOWN OF BUNNELL BLKS 299 & 300 LYING WEST OF US-1 & 1/2 OF VACANTED SHORT STREET LYING SOUTH OF BLK 299 ALSO 2.+/- AC BUNNELL DEV CO SUBD BLK C PT TR 5 LYING S OF BLK 300 & BETWEEN US-1 & FEC R/R PARCEL HAS 234. ON WLY BOUNDARY US-1 & 301.47' ON ELY BOUND
  • Tax Lot: ID12-30-0850-02990-
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 1012300850029900000
  • Total Acreage: 2 to less than 5
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: L-1
  • Living Area: 20878
Property and Assessments
  • Year Built Numeric: 1998
  • Accessibility Features: Accessible Stairway
  • Flood Zone Code: X
  • Flood Zone Date: 06-06-2018
  • Flood Zone Panel: 12035C0209E
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 30
  • Public Survey Section: 10
Utilities
  • Electric: 220 Volts, 440 Volts
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Brick, Cement Siding, Concrete
  • Foundation Details: Block, Concrete Perimeter
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Fire Alarm
  • Waterfront Feet Total: 0
Interior Features
  • Ceiling Type: Acoustical
  • Cooling: Mini-Split Unit(s)
  • Flooring: Ceramic Tile
  • Heating: Central, Heat Pump
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Aluminum Frames, Display Window(s)

Property History for 703 South State Street

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Listed (Active)

MFRMLS #V4945682

Oct 31, 2025

Temporarily Off Market

MFRMLS #V4945682

Oct 31, 2025

Listed (Active)

MFRMLS #V4945682

$1,600,000
DateEvent & SourcePrice
10/31/2025

Listed (Active)

MFRMLS #V4945682

10/31/2025

Temporarily Off Market

MFRMLS #V4945682

10/31/2025

Listed (Active)

MFRMLS #V4945682

$1,600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 703 South State Street

Taxable ValueLand-Additions$612,000Total-
Tax Record2024$13,502 ($1,125 / month)
Home Facts
Total Finished SqFt8,610 SqFtAbove Grade Finished SqFt8,610 SqFtStories1Lot Size126,237 SqFtStyleShopping CenterYear Built1998ZoningL-1CountyFLAGLERAPN10-12-30-0850-02990-0000

Schools near 703 South State Street

This home is within Flagler.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Bunnell Elementary School
PublicPK to 5

Buddy Taylor Middle School
Public6 to 8

Flagler-Palm Coast High School
Public9 to 12

Flagler Virtual Instruction KG-6
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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703 South State Street is a mixed use property for sale in Bunnell, FL 32110. This property was listed for sale on October 31, 2025 by REALTY PROS ASSURED, it's currently listed at $1,600,000. This listing's school district is Flagler. Nearby schools include Bunnell Elementary School, Buddy Taylor Middle School and Flagler-Palm Coast High School. 703 South State Street is a 0-bed, 0-bath, 20,878 sqft mixed use property built in 1998.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REALTY PROS ASSURED

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.