Property
| Ownership: | Sole Proprietor |
|---|---|
| Type: | Unknown |
| Lot Size: | 2.2 Acres |
Financials
Price:$4,700,000
Annual Taxes:$30,745.99
Listing Courtesy of PARKSIDE REALTY GROUP
Fully leased Iconic office building with strong operating history located in the highly coveted Hammock area of Palm Coast.

Aerial View


Description
Fully leased Iconic office building with strong operating history located in the highly coveted Hammock area of Palm Coast. Originally constructed as the sales center for Hammock Beach and Ocean Hammock, the facility is first class. Impressive 5K+ sf lobby has not been allocated among seven tenant's leases as a core factor, so there is an immediate opportunity for additional income over current NOI. Operating numbers for 2025 are actual, and pricing reflects a 7 cap rate. At under $200/sf, this building could not be replicated. The roof was replaced in 2023/24 and all HVAC units are updated as well.
There is not a better city in Florida for commercial real estate investment! Palm Coast has experienced substantial growth in recent years. As of 2025, the city's population is estimated at 116,000. The local economy is diverse, with key employment sectors including healthcare, retail trade, hospitality and food services. The city's proximity to Jacksonville, Orlando, and the Space Coast provides businesses with access to a highly educated and skilled workforce. Palm Coast is just 60 miles south of Jacksonville and 80 miles northeast of Orlando enabling it to draw significant business from these larger markets.
Don't miss the premier investment opportunity in fast growing, desirable Palm Coast. Call to make an appointment and see this upscale, profitable facility for yourself!
Amenities
- Accessible Entrance
- Bathrooms
- Double Pane Windows
- Dumpsters
- Electricity Available
- Elevator
- Fire Alarm
- Fire Sprinkler System
- Key Card Entry
- Phone Available
- Refrigerator
- Security Lights
- Security System
- Smoke Detectors
- Trash Removal
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.