Mixed Use at 703 S STATE ST, BUNNELL
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$1,600,000

703 S STATE ST
BUNNELL, FL 32110
Listed by Terry Sitaram · REALTY PROS ASSURED
Bedrooms
N/A
Bathrooms
N/A
Living area
20,878 sqft
Year built
1998

About this home

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 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 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 clause governing the shared storage portion.

Property details

MLS
Stellar MLS
MLS #
MFRV4945682
Property type
Mixed Use
Subdivision
BUNNELL
Status
Active
Days on market
210
On market date
October 31, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.9 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
BUNNELL ELEMENTARY SCHOOL
0.89 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,168
Student:teacher ratio
14.8:1
District
FLAGLER
Middle
BUDDY TAYLOR MIDDLE SCHOOL
5.06 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,022
Student:teacher ratio
19.7:1
District
FLAGLER
High
FLAGLER-PALM COAST HIGH SCHOOL
2.84 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,662
Student:teacher ratio
26.1:1
District
FLAGLER

Walkability

Blended score for BUNNELL's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

25
Car-dependent
out of 100
EPA National Walkability Index
7.2 / 20 -- Below average walkable
Google Places amenity density
8 / 100
Restaurants & cafes1
Grocery stores1
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in BUNNELL, from live MLS data.

On the market 210 days -- 66 more days than BUNNELL's current average of 144 days.
For reference, the median list price across 178 active listings in BUNNELL right now is $271,350.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,785/mo
$320,000 down
$1,280,000 loan
Principal & interest$8,302
Property tax (est.)$1,333
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 16, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.