208 S 3RD ST

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 !

MLS ID#

MFRFC316334

Price

$1,295,000

Status

Active

Bedrooms

N/A

Bathrooms

0

Full Baths

N/A

Half Baths

N/A

Square Footage

3,080 sqft

Acres

0.1200

Year Built

2005

Type

Commercial Sale

Subtype

Mixed Use

Style

N/A

Address

208 S 3RD ST

Subdivision

Geo Moody Sub

City

Flagler Beach

County

Flagler

State

FL

Zip Code

32136

Senior Community

No

Amenities

N/A

Parking

N/A

View

No

Waterfront

No

Pool

No

Interior Features

N/A

Heating

Central

Cooling

Central Air

Flooring

Ceramic Tile, Carpet

Fireplace

N/A

Stories

2

Appliances

Dishwasher, Microwave, Refrigerator

Exterior Features

N/A

Construction

Block

Foundation

Slab

Roof

Shingle

Fencing

N/A

Lot Features

Central Business District

Elementary

N/A

Middle

N/A

High

N/A

Date Listed

February 27, 2026

Days on Market

95

Zoning

GC

Direction Faces

South

New Construction

No