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Medical Office Sublease Space
For Lease
$7,662/Mo

21 HOSPITAL Drive, Palm Coast, FL 32164

COMMERCIAL - PALM COAST, FL

Space Size2,500 SF
Lot Size0.74 Acres
Days on Market978

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 Vinyl, Laminate, Carpet, Linoleum
Building materials Concrete
Listing Agency: OCEAN CITY REALTY LLC
Listed By: Lisa Smith · License #3242851
Added: Dec 1, 2023 Changed: Aug 4 Last Checked: Aug 5 at 1:06PM
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.

Medical office space available for immediate occupancy as a sublease, approximately 2,500 SF. The sublease requires approval by the building owner, and duplicate practice types are not allowed in the building except for general or family practice. The space includes central air cooling and accessible approach with a ramp.

The building is concrete construction and was built in 2008. Interior finishes include vinyl, laminate, linoleum, and carpet flooring. Water is provided by public service and sewer is public sewer.

The property sits on a 0.74-acre lot and is located next door to Advent Hospital Flagler, supported by convenient healthcare adjacency for medical uses.

Key Highlights

  • Approximately 2,500 SF medical office sublease available for immediate occupancy
  • Sublease requires building owner approval; duplicate practice types not allowed (except general/family practice)
  • Next door to Advent Hospital Flagler

Property Analytics

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 (Bike/Boat/Book/etc) Store Bakery

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

Market

Lease Benchmarks for Palm Coast, FL

$16.29 /SF/Yr
Avg Asking Price
$1.33–$42.02 /SF/Yr
Price Range
13,671 SF
Avg Space Size

This space is priced 126% above the average of $16.29 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office sublease in an MPD zoning district next to Advent Hospital Flagler with accessible ramp entry.
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 2,500 SF medical office sublease available for immediate occupancy; Sublease requires building owner approval; duplicate practice types not allowed (except general/family practice); Next door to Advent Hospital Flagler
More about this property
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