Listing provided courtesy of PALM WAVE REALTYas Distributed by MLSGrid- MLS# MFRFC316334MLS Provider

208 S 3RD STREETFLAGLER BEACH, FL 32136

Commercial · 3,080 Sq. ft. | 0.12 Acres
$1,295,000 Active

208 S 3RD STREET Overview

Time on Site:
123 days
Visits:
1

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 !

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208 S 3RD STREET Facts & Features

  • Type Commercial
  • Sq. ft. 3,080
  • Price/Sq.ft. $420
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Net Operating Income: 49690

Building Information

  • New Construction: No
  • Year Built: 2005

Location/Region

  • Country: US
  • County Or Parish: Flagler
  • MLS Area Major: 32136 - Flagler Beach
  • Subdivision Name: GEO MOODY SUB
  • Township: 12S

Tax Information

  • Tax Annual Amount: 4229.98
  • Tax Year: 2025

General Information

  • Ownership: Other
  • Parcel Number: 12-12-31-4500-00330-0070
  • Property Condition: Completed
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: GC

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3080
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Microwave,Refrigerator
  • Cooling: Central Air
  • Flooring: Carpet,Ceramic Tile
  • Foundation Details: Slab
  • Heating: Central
  • Levels: Two
  • Living Area: 3080
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Security Features: Fire Alarm,Smoke Detector(s)
  • Stories Total: 2
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Parking Spaces - 6 to 12

Lot Information

  • Additional Parcels: No
  • Lot Features: Central Business District
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5009
  • Number Of Lots: 1
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Direction Faces: South
  • Roof: Shingle

General Information

  • Number Of Units Total: 2
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Public

208 S 3RD STREET Neighborhood

Community

32136 (Flagler Beach) Demographics

60
Median Age
388
Population Density (per sq. mile)
45%
College Educated
$52,708
Estimated Median Income
3,218
Estimated Total Home Owners
763
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

208 S 3RD STREET Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

208 S 3RD STREET Market Data

Based on the last 30 days in this zip code

$785,888
Average List Price
$358
Average Price per Square Foot
24
Properties Sold
133
Average Days on Market
271
Properties for Sale
Calculations provided by Reliance Network

208 S 3RD STREET History

Date Event Value Agent
5/27/2026Source: My Florida Regional MLS Price Reduction
$1,295,000 -4.1%
2/27/2026Source: My Florida Regional MLS Added to Database
February 27, 2026