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Professionally Designed Office Space

160 CYPRESS POINT PARKWAY Palm Coast, FL 32164

160 CYPRESS POINT PARKWAY, Palm Coast, FL, 32164
$349,900
For Sale
Claim this Listing
$349,900

Office - PALM COAST, FL

Property Size952 SF
Lot Size0.02 Acres
Price / SF$367.54
AddedDec 10, 2024
Days on Market582
Last RefreshJul 15 at 11:06 am

Property Features for 160 CYPRESS POINT PARKWAY

General Information

Property type
Commercial Sale
Property subtype
Office
Security features
Smoke Detector(s)
Standard status
Active
APN
07-11-31-1090-000A0-1020
Size
952 SF
Lot size
0.02 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
1495.49

Utilities

Heating system
Heat Pump (Heating)
Cooling system
Central Air

Building Details

Year built
2008
Flooring type
Tile
Building materials
Block
Architectural style
Other

Listing agent Pauline Flores License #3090050

Listing office REALTY CENTRAL, INC. 399 Palm Coast Pkwy SW, PALM COAST, FL

Listing date Dec 10, 2024

MLS# FC305735 Listing URL

Copyright © 2026 Stellar MLS. 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 952-square-foot office space in PALM COAST, FL, presents a unique opportunity for purchase. Professionally designed and decorated, the versatile space features separate areas with individual offices. An entry/lobby is equipped for a receptionist desk space, along with a customer waiting area overlooking the front glass entry. Located on the first floor, the unit overlooks the center of the plaza. Currently used as an accounting office, it could accommodate a variety of other office types or businesses. The property is situated in Flagler County.

Key Highlights

  • Professionally designed and decorated, spacious office.
  • Versatile space suitable for various office types or businesses.
  • Includes a reception/lobby area with customer waiting space.

Local Financial Insights For Office B

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 $18.8k $19.80
− Vacancy −$4.1k −$4.36
EGI $14.7k $15.44
− OpEx −$3.7k −$3.86
NOI $11.0k $11.58
952 SF · lease $19.80/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$157.5K
$137.8K – $183.8K (±1% cap)
NOI $11,027 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$228.8K
$200.2K – $266.9K (±1% cap)
NOI $16,014 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

WINDSHIELD GUYZ Auto Repair Shop Perfect Pizza Pie ... Corporate Office Scifo Financial Services Accounting Firm BETTER BUY REALTY Real Estate Agency Garrett Decker Realtor Real Estate Agency

Suggested Use

Building Supply Parking Lot & Garage Auto Parts Store HVAC Service Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Auto Repair Shop Cafe & Coffee Shop Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Spacious, versatile office suitable for various business types.
Where is this office units located?
The property is located at 160 CYPRESS POINT PARKWAY Palm Coast, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Professionally designed and decorated, spacious office.; Versatile space suitable for various office types or businesses.; Includes a reception/lobby area with customer waiting space.
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