703 S STATE STREET, Bunnell, FL, 32110 | $1,600,000

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.

Features

  • Property Type: Mixed Use
  • Construction: Block, Brick, Cement Siding, Concrete
  • Utilities: Electricity Available, Phone Available, Public
  • Garage: 13 to 18 Spaces
  • Heating: Central, Heat Pump
  • Cooling: Mini-Split Unit(s)
  • Year Built: 1998
  • Approx Sq. Feet: 20,878
  • Acreage: 2.9
  • Est. Taxes: $13,502
  • MLS#: V4945682
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/V4945682/703sstatestreet_bunnell_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 2/24/2026 12:17:12 PM)
Listing courtesy of REALTY PROS ASSURED   Phone: 386-677-7653

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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703 S STATE STREET, Bunnell, FL, 32110

$1,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,280,000 $1,280,000 $1,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.750% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 5.858% 5.806%
Monthly Tax Payment $1,125 $1,125 $1,125
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,068 $7,470 $10,544
Total Monthly Payment $8,318 $8,720 $11,794

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.