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Medical Office Space Near Hospital
For Lease
$7,662/Mo

21 HOSPITAL Drive, Palm Coast, FL 32164

Commercial Lease, PALM COAST, FL

Space Size2,500 SF
Lot Size0.74 Acres
Days on Market1024

Property Features for 21 HOSPITAL Drive

General Information

Property type Commercial Lease
Property subtype Office
Zoning MPD
Security features Security Lighting
Accessibility Accessible Approach with Ramp
Lot features Interior Lot, Oversized Lot
Directions State Road 100 to north on Town Center Blvd to East on Hospial Drive.
Subdivision 32164 - Palm Coast
Standard status Active
APN 06123158170000000A0
Lot size 0.74 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description Palm Coast Medical Office Bldg Condo DEC 2319/77
Tax Annual Amount 242970
Legal Description Palm Coast Medical Office Bldg Condo DEC 2319/77

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 2008
Floors in Building 2
Flooring type Laminate, Linoleum, Carpet, Vinyl
Building materials Concrete
Listing Agency: OCEAN CITY REALTY LLC
Listed By: Lisa Smith · License #3242851
Added: Dec 1, 2023 Changed: Sep 12 Last Checked: Sep 20 at 2:06PM
MLS# FC296479

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.

Approximately 2500 SF of medical office space is available for immediate occupancy through a sublease. The premises are within a concrete building constructed in 2008 and feature central air, accessible ramp approach, and a combination of carpet, vinyl, laminate, and linoleum flooring. Public water and sewer serve the property.

The office is located next door to Advent Hospital Flagler. Sublease occupancy requires approval from the building owner, and duplicate practice types are not permitted within the building, with an exception for General/Family Practice. A floor plan for the lease area is attached to the listing.

Key Highlights

  • Approximately 2500 SF medical office sublease
  • Next‑door location to Advent Hospital Flagler
  • Available for immediate occupancy

Property Analytics

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Current Use

Akers John O ... Dental Office Dr. Curt Schalit, ... Medical Clinic Dr. Brown, P. ... Physician Town Center Family ... Medical Clinic Radiology Associates Town ... Medical Clinic

Suggested Use

Top Pick Storage Facility Locksmith Furniture & Home Goods Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.52 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32164, FL

49,412
Population
22,902
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
1,520
Density / Sq Mi
$71,738
Median Household Income
$37,976
Median Earnings
$1,724
Median Rent
$308,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Palm Coast, FL

$15.15 /SF/Yr
Avg Asking Price
$1.33–$35 /SF/Yr
Price Range
13,704 SF
Avg Space Size

This space is priced 143% above the average of $15.15 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - The space includes central air, ramp access, and carpet, vinyl, laminate, and linoleum flooring.
Where is this medical office space located?
The property is located at 21 HOSPITAL Drive Palm Coast, FL.
What is the lease rate?
The lease rate is $7,662/Mo.
What are key features of this property?
This property features: Approximately 2500 SF medical office sublease; Next‑door location to Advent Hospital Flagler; Available for immediate occupancy
More about this property
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