USAFLPalm Coast1 Armand Beach Dr
1 Armand Beach Dr, Home with 0 bedrooms, 0 bathrooms and null parking in PALM COAST FL | Image 1
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$994,125

1 Armand Beach Dr, Palm Coast, FL

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 3615 sqft
Garage No
Maintenance Fees 
Taxes $4,482
Days Active 3
Approx. Age 2003
Avg. Price Per Sqft $275
MLS® Number FC311730

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberFC311730
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2003
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

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