Mixed-Use Condos with Intracoastal
101 Palm Harbor Parkway Palm Coast, FL 32137
101 Palm Harbor Parkway, Palm Coast, FL, 32137
$605,000
For Sale
$605,000
COMMERCIAL - Palm Coast, FL
Property Size1,805 SF
Lot Size0.02 Acres
Price / SF$335.18
Days on Market118
Property Features for 101 Palm Harbor Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Assigned
- Standard status
- Active
- APN
- 38-11-31-1915-000A0-P003
- Size
- 1,805 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- EUROPEAN VILLAGE GARAGE CONDO BLDG A UNIT P-3 & UNDIVIDED INTEREST IN COMMON ELEMENTS OR 1563/236 OR 1772/1574-CT
- Tax Annual Amount
- 70
Utilities
- Utilities
- Cable Available
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Building materials
- Concrete
- Roof type
- Tile
Listing Agency
RE/MAX Signature
(386) 673-7001
775 W Granada Blvd, Ste 201, Daytona Beach Shores, FL
Listed by
Clarissa Swartzlander · License #3535615
(724) 954-2787
Added: Mar 23 Checked: Jul 18 at 11:06 am
MLS# 1224472
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale package in European Village includes two condos that can be used for residential, short-term rentals, or professional office space. The property also includes ten (10) covered parking spaces to support tenant and guest access. In addition to the condo units, the offering includes two additional parcels of land, one of which is directly on the Intracoastal.
The property is located at 101 Palm Harbor Parkway in Palm Coast, Florida, within a mixed-use destination known as European Village. The inclusion of separate land parcels provides flexibility for future site planning, subject to applicable approvals.
For tenants or buyers seeking adaptable space, the two condo configuration allows separate residential or office-oriented setups, supported by on-site covered parking. The additional land parcels, including the Intracoastal parcel, may appeal to buyers looking to expand or reconfigure the site within the limits of local regulations. Virtual staging may be present in one or more photos.
The property is located at 101 Palm Harbor Parkway in Palm Coast, Florida, within a mixed-use destination known as European Village. The inclusion of separate land parcels provides flexibility for future site planning, subject to applicable approvals.
For tenants or buyers seeking adaptable space, the two condo configuration allows separate residential or office-oriented setups, supported by on-site covered parking. The additional land parcels, including the Intracoastal parcel, may appeal to buyers looking to expand or reconfigure the site within the limits of local regulations. Virtual staging may be present in one or more photos.
Key Highlights
- Two condos included, suitable for residential use, short‑term rentals, or professional office space.
- Ten covered parking spaces included.
- Two additional parcels of land included, one directly on the Intracoastal Waterway, offering development potential.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.7k | $19.80 |
| − Vacancy | −$2.1k | −$1.15 |
| EGI | $33.7k | $18.65 |
| − OpEx | −$15.1k | −$8.39 |
| NOI | $18.5k | $10.26 |
1,805 SF · lease $19.80/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$264.5K
$231.5K – $308.6K
NOI $18,516 @ 7.0% cap · market cap 3.06%
Second Best
Mixed Use
$261.1K
$228.5K – $304.6K
NOI $18,276 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$433.8K
$379.5K – $506.1K
NOI $30,363 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Massage by Alice ...
Alternative Medicine Practice
Trademark Realty Group ...
Real Estate Agency
Red Koi
Restaurant
Palm Coast Gold ...
(Bike/Boat/Book/etc) Store
Berkshire Hathaway HS ...
Real Estate Agency
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FAQs
What type of property is this?
Mixed-use property - Package includes two condos plus covered parking and an Intracoastal-adjacent land parcel for flexible living or office use.
Where is this mixed-use property located?
The property is located at 101 Palm Harbor Parkway Palm Coast, FL.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Two condos included, suitable for residential use, short‑term rentals, or professional office space.; Ten covered parking spaces included.; Two additional parcels of land included, one directly on the Intracoastal Waterway, offering development potential.
