# 703 S STATE STREET, Bunnell, FL 32110

> **TL;DR:** commercial, $1,600,000 ($77/sqft), built 1998, 20,878 sqft. Est. $6,933/mo. Listed 221 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,600,000 |
| Price/sqft | $77 |
| Square Feet | 20,878 |
| Year Built | 1998 |
| Lot Size | 126,324 sqft (2.90 acres) |
| Property Type | Commercial (Mixed Use) |
| Status | For Sale |
| Days on Market | 221 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,933 |
| **Total** | **$6,933** |

## Property Highlights

- Built in 1998
- 2.90 acre lot

## Description

### Agent 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, 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.

## Location

- **Address:** 703 S STATE STREET, Bunnell, FL 32110
- **County:** Flagler
- **Neighborhood:** BUNNELL
- **Coordinates:** 29.460579, -81.252679
- **Google Maps:** https://www.google.com/maps?q=29.460579,-81.252679

## Listing Agent

- **Name:** Terry Sitaram
- **Brokerage:** REALTY PROS ASSURED
- **Phone:** 3862374444
- **Email:** tsitaram@msn.com

## Primary Photo

![703 S STATE STREET - Primary Photo](http://lh.rdcpix.com/784e1785c04694b473bd7fa552e9dce2l-f3992174461r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/703-s-state-street-bunnell-fl-32110-v4945682)*

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**MLS#:** V4945682 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/703-s-state-street-bunnell-fl-32110-v4945682)

---

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