Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flagler Beach Homesite Opportunity Title is generated by Realmo AI

    87 Coronado Road, Flagler Beach, FL 32136

    View on Map
    Claim this Listing
    For Sale
    $215,000

    LAND - Flagler Beach, FL

    Lot size:
    0.18 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    107
    Last Refresh:
    Jun 4 at 5:06 am

    Property Features for 87 Coronado Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Security features
    Security
    Standard status
    Active
    APN
    38-12-31-7220-00000-1020
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    VERANDA BAY PHASE 2A MB 40 PG 65 LOT 102
    Tax Annual Amount
    5215

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Morgan Porter

    Listing agent Morgan Porter

    Listing office RE/MAX Select Professionals 460 Palm Coast Parkway SW Suite 1, Palm Coast, FL

    Listing date Feb 17, 2026

    MLS# 1223133 Listing URL

    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.

    HighLights

    • Homesite in gated, golf cart‑friendly community
    • Close proximity to the Intracoastal Waterway with easy boating access
    • Planned private marina and boat access within the community
    • Enjoy the planned amenities center with community pool, clubhouse, and fitness center
    • Minutes from Flagler Beach, pier, dining, parks, and shopping
    • Quieter coastal setting west of A1A

    Overview

    This homesite is located in the gated, golf cart-friendly community of Veranda Bay, situated across the street from the Intracoastal Waterway, offering convenient boating access. Veranda Bay is designed as a boating community, with planned amenities including a private marina, boat access, a community pool, a clubhouse, and a fitness center. The community offers a coastal setting just west of A1A, and is located minutes from Flagler Beach, the pier, local dining, parks, and shopping. The lot size is 0.18 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Flagler Beach
    County
    Flagler
    State
    Florida
    Longitude
    -81.133906
    Latitude
    29.464053

    Nearby Similar for Sale

    • $1,500,000
      3,835 SF

      Oceanfront Hotel/Motel in Flagler Beach

      Rare oceanfront commercial property with tourist zoning in Flagler Beach.
      1204 S OCEAN SHORE BOULEVARD, FLAGLER BEACH, FL 32136
      View Details
    • $2,995,000
      16,441 SF

      Multi-Use Commercial Property

      Recently vacant multi-use building offers flexible space for office, medical, education, retail, or service users.
      250 Old Kings Rd, Flagler Beach, FL 32136
      View Details
    • $1,500,000
      3,835 SF

      Oceanfront Commercial Opportunity in Flagler

      Rare oceanfront commercial property with tourist zoning in Flagler Beach.
      1204 S Ocean Shore Boulevard, Flagler Beach, FL 32136
      View Details
    • $360,500

      Waterfront Lot in Cedar Island

      1.6-acre waterfront lot with canal access in Flagler Beach.
      570 SPRINGDALE DRIVE, FLAGLER BEACH, FL 32136
      View Details
    • $484,000

      Ocean View Lot in Flagler

      Oceanfront lot in Flagler Beach with unobstructed views.
      1922 N CENTRAL AVENUE, FLAGLER BEACH, FL 32136
      View Details
    • $350,000

      Flagler Beach Parking Lot

      Parking lot for sale in Flagler Beach, Florida.
      111 S 12TH STREET, FLAGLER BEACH, FL 32136
      View Details
    • $2,174,000
      4,472 SF

      Oceanfront Land and Luxury Home

      Rare opportunity: oceanfront land with custom-built coastal residence.
      2208 S Ocean Shore Boulevard, Flagler Beach, FL 32136
      View Details
    • $2,174,000
      4,472 SF

      Oceanfront Land and Luxury Home

      Two parcels: oceanfront land and custom-built coastal residence.
      2208 S OCEAN SHORE BOULEVARD, FLAGLER BEACH, FL 32136
      View Details
    • $135,000

      Residential Land in Gated Community

      Homesite in Fairchild Oaks community, close to the beach.
      7 SAINT CHARLES PLACE, FLAGLER BEACH, FL 32136
      View Details
    • $165,000

      Flagler Beach Land Opportunity

      Prime land to build your dream home in Flagler Beach.
      1915 S PALMETTO AVENUE, FLAGLER BEACH, FL 32136
      View Details
    • $198,000

      Coastal Homesite Near Flagler Beach

      Homesite three blocks from the ocean, ideal for custom build.
      S Flagler Avenue, Flagler Beach, FL 32136
      View Details
    • $440,000

      Intracoastal Waterfront Home Site

      Premium lot with Intracoastal views in Veranda Bay.
      140 CORONADO ROAD, FLAGLER BEACH, FL 32136
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Homesite in gated community near Intracoastal Waterway and Flagler Beach.
    Where is this residential land & home lot located?
    The property is located at 87 Coronado Road Flagler Beach, FL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Homesite in gated, golf cart‑friendly community; Close proximity to the Intracoastal Waterway with easy boating access; Planned private marina and boat access within the community
    (386) 268-7735
    We can help!
    Listing Contact
    Morgan Porter
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    87 Coronado Road, Flagler Beach, FL 32136
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!