1 Armand Beach Drive, PALM COAST, FL 32137
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Priced at Only: $994,125
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Address: 1 Armand Beach Drive, PALM COAST, FL 32137
Property Location and Similar Properties
- MLS#: FC311730 ( Commercial Sale )
- Street Address: 1 Armand Beach Drive
- Viewed: 7
- Price: $994,125
- Price sqft: $275
- Waterfront: No
- Year Built: 2003
- Bldg sqft: 3615
- Days On Market: 11
- Additional Information
- Geolocation: 29.6199 / -81.2039
- County: FLAGLER
- City: PALM COAST
- Zipcode: 32137
- Subdivision: Armand Beach East Sub
- Provided by: ONE SOTHEBYS INTERNATIONAL
- Contact: Cornelia Downing Manfre
- 386-276-9200
- DMCA Notice
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Description1 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.
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Features
Building and Construction
- Covered Spaces: 0.00
- Flooring: Carpet, Ceramic Tile
- Living Area: 3615.00
- Roof: Tile
Property Information
- Property Condition: Completed
Land Information
- Lot Features: Corner Lot
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Parking Spaces - 13 to 18
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Electric: 200+ Amp Service
- Heating: Central
- Road Frontage Type: County Road
- Sewer: Septic Tank
- Utilities: Electricity Available, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2025
Other Features
- Appliances: Refrigerator
- Country: US
- Legal Description: ARMAND BEACH EAST SUBD PARCELS 1 & 2 OF PARCEL #1 OR 47 PG 220, 34 OR 164 PG 158 OR 269 PG 633 OR 821 PG 409
- Levels: Two
- Area Major: 32137 - Palm Coast
- Occupant Type: Tenant
- Parcel Number: 20-10-31-0300-00010-0010
- Zoning Code: R/C
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