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$994,125

Est. payment - /mo

3,615 SqFt

New

1 ARMAND BEACH DR Palm Coast, FL 32137

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Bent Danholm

bent@maximrealtors.com +1(407) 288-0704

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,615 sqft

Price per Sqft $275

Subdivision Armand Beach East Sub

MLS Listing ID FC311730

Construction Status Completed

HOA Y/N No

Year Built 2003

Annual Tax Amount $4,481

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Office

Source Stellar MLS

Property Description

1 Armand Beach Dr is a premium office building located in the desirable Armand Beach Office Park, just off A1A in the Hammock area of Palm Coast, FL. This location offers a rare opportunity to invest in a stabilized, income-generating professional office with 3,615 sf in a coastal, high-demand market with strong tenant interest and limited professional office inventory. Gross Rent Potential is estimated at $72,160 with monthly income of $6,013. Income is provided by 4 separate units, the second floor units have vaulted high ceilings giving a spacious feeling. The owner pays insurance, real estate taxes and common area maintenance. The property is a modern coastal-style construction with attractive curb appeal, ample parking and easy access for clients and staff including an elevator. Its high visibility from A1A and proximity to major residential communities makes it ideal for medical, legal, financial, or administrative professionals, and potential for multiple tenant uses. It is located in the affluent Hammock area which has a rapidly growing population of second-home owners, and high-income professionals. The area is surrounded by luxury residential and resort communities such as the Hammock Beach Resort and Hammock Dunes with the future Ritz Carlton Residence. There is a limited inventory of quality office space in this submarket that makes this an attractive investment. 2 Armand Beach is also available for sale. Contact agent for showings and financial information.

Location

State FL

County Flagler

Community Armand Beach East Sub

Area 32137 - Palm Coast

Zoning R/C

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Appliance Refrigerator

Exterior

Parking Features Parking Spaces - 13 to 18

Utilities Available Electricity Available, Water Connected

Roof Type Tile

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Concrete,Stucco,Frame

New Construction false

Construction Status Completed

Others

Ownership Partnership

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/FC311730

Listed by ONE SOTHEBYS INTERNATIONAL

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Bent Danholm

Broker | License ID: BK3590420

+1(407) 288-0704

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1 ARMAND BEACH DR Palm Coast, FL 32137

Bent Danholm

Key Details

Location

Interior

Exterior

Building

Others

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1 ARMAND BEACH DR