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2 ARMAND BEACH DRIVE

PALM COAST, FL 32137

MLS#: FC311754

$1,318,900

Status: Active
Listing number: FC311754
Listing provided by: ONE SOTHEBYS INTERNATIONAL
Listing agent phone: None
Last update: 3 months ago
On site: 9 months ago
Browse Properties
ARMAND BEACH EAST SUB - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2004

Sq.Footage

4,796

2 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 4,796 sf in a coastal, high-demand market with strong tenant interest and limited professional office inventory. Gross Rent is $111,120 with monthly income of $9,260. Income is provided by 4 separate units, the second floor units have vaulted 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, Hammock Dunes and the future Ritz Carlton Residence. There is a limited inventory of quality office space in this submarket that makes this an attractive investment. 1 Armand Beach Dr. is also available for sale. Contact agent for showings and financial information.

Features & Amenities

Interior

  • Other Interior Features

    Elevator

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco, Frame

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.7

  • Lot Size(square feet)

    30618.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $1,318,900

  • Tax Amount

    $5,937.35

  • Sq. Footage

    4, 796

  • Price/SqFt

    $275

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Partnership

  • Sewer

    Septic Tank

  • Tax Lot

    2

  • Water Source

    Public

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Location

County

Flagler

Elementary School

Middle School

High School

Listing Courtesy of Cornelia Downing Manfre , ONE SOTHEBYS INTERNATIONAL

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Agent Ashley Baillio

FOUNDER

Ashley Baillio

Call Ashley today to schedule a private showing.

(561) 609-2391

franko+southflorida@init.hr


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2 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 4,796 sf in a coastal, high-demand market with strong tenant interest and limited professional office inventory. Gross Rent is $111,120 with monthly income of $9,260. Income is provided by 4 separate units, the second floor units have vaulted 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, Hammock Dunes and the future Ritz Carlton Residence. There is a limited inventory of quality office space in this submarket that makes this an attractive investment. 1 Armand Beach Dr. is also available for sale. Contact agent for showings and financial information.

2 ARMAND BEACH DRIVE

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