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208 3rd Street, FL
Stellar MLS

$1.29M

208 3rd Street

Flagler Beach, FL 32136

Listing updated: June 2, 2026 at 3:36 PM ET

Active
Stellar MLSListing courtesy of Palm Wave Realty · Eric Gerlach · MLS #FC316334 · Active · 407-558-8357
3,080
Building SF
0.12
Acres
2
Units
2005
Built
$420.45
Per SF
Mixed Use3.84% cap rate$420.45/SF360° tour
Mixed Use

Property type

2005

Year built

3,080 SF

Building size

5,009 sqft

Lot size

$420.45

Price / SF

2

Units

GC

Zoning

95

Days on market

Investment & cash flow

3.84%
Cap rate
$50K
NOI / yr
$6K
Annual expenses
$420.45
Price / SF

Figures provided by the listing broker — verify independently.

About this property

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 owner’s 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 property’s 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 you’re 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. Bring all offers !

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
95
Subdivision
Geo Moody Sub
County
Flagler
Year built
2005
Building area
3,080 sq ft
Price/sq ft
$420.45
Lot size
5,009 sq ft
Units
2
Buildings
1
Stories
2
Road frontage
City Street
Annual taxes
$4K (2025)
Parcel #
12-12-31-4500-00330-0070
Zoning
GC
MLS #
FC316334

Utilities

Utilities
Public
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2026-02-25
On market date
2026-02-27
Original list price
$1.35M
MLS area
32136 - Flagler Beach
Status changed
2026-02-27
Tax 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

Location

Directions

Take I-95 to Exit 284 toward Bunnell/Flagler Beach — the closest exit to the beach from I-95 in Northeast Florida. Turn east onto State Road 100 (also called Moody Boulevard) and continue straight toward Flagler Beach. State Road 100 ends at A1A (Ocean Shore Boulevard) right at the beach. At the traffic signal at A1A/Ocean Shore Boulevard, turn right (south). Continue south on A1A a short distance and turn right onto South 3rd Street. Arrive at 208 S 3rd St, Flagler Beach, FL 32136.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of June 2, 2026 at 3:36 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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