Adaptable Open-Plan Commercial
101 Palm Harbor Parkway, Palm Coast, FL 32137
New
COMMERCIAL - Palm Coast, FL
Type:Retail
Property size:
1,250 SFLot size:
0.03 AcresPrice / SF:
$279/SF- Added:
- Jun 10, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 13 at 12:06 am
Property Features for 101 Palm Harbor Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Rooms
- Bathroom 1
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 38-11-31-1915-000C0-1290
- Size
- 1,250 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- EUROPEAN VILLAGE COMMERCIAL CONDO BLDG C UNIT 129 & UNDIVIDED INTEREST IN COMMON ELEMENTS OR 1286/1149 OR 2028 /1413 OR 2092/620 OR 2111/596- CD OR 2438/46
- Tax Annual Amount
- 3635
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2005
- Number of units
- 1
- Flooring type
- Wood
- Building materials
- Stone, Stucco
Listing agent Michael S Grubbs (770) 689-6464
Listing office AXEN Realty LLC 543 Harbor Blvd. Suite #303, Destin, FL (818) 932-8800
Listing date Jun 10, 2026
MLS# 1227487
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
- Single commercial condo (Suite C 129) in the European Village Shops and Restaurants Resort in Flagler County
- 1,250 sq ft flexible space with an adaptable open layout for retail, office, service, or restaurant/bar use
- Existing bathroom plus utility frameworks in place, ready for customization or completion to match your brand
- Construction materials include stone and stucco; flooring is wood
- Central air and central electric heating; public sewer
- Parking lot on‑site; previous full liquor license may be transferable for an additional fee
Overview
This single commercial condo suite (Suite C 129) offers an adaptable open-plan interior designed for a range of uses. The suite includes an existing bathroom and has utility frameworks already in place, which can be customized or completed to match a tenant’s or owner’s brand requirements. The layout is configured to support retail boutique setups, professional office use, specialized service concepts, or targeted restaurant or bar operations.
The property is located within the European Village Shops and Restaurants Resort in Flagler County. The asset is presented as a storefront-style commercial condo and is offered for sale as a standalone space. The listing is for a 1,250-square-foot suite at 101 Palm Harbor Parkway in Palm Coast, Florida.
For operators, the existing bathroom and prepared utility framework can reduce early buildout friction when finalizing interior design and functionality. In addition, a previous full liquor license associated with this location is described as available for transfer to the new owner for an additional fee, which may help streamline the food and beverage path for qualified buyers.
The property is located within the European Village Shops and Restaurants Resort in Flagler County. The asset is presented as a storefront-style commercial condo and is offered for sale as a standalone space. The listing is for a 1,250-square-foot suite at 101 Palm Harbor Parkway in Palm Coast, Florida.
For operators, the existing bathroom and prepared utility framework can reduce early buildout friction when finalizing interior design and functionality. In addition, a previous full liquor license associated with this location is described as available for transfer to the new owner for an additional fee, which may help streamline the food and beverage path for qualified buyers.
Local Financial Insights For Specialty Retail
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 | $27.5k | $21.96 |
| − Vacancy | −$1.4k | −$1.14 |
| EGI | $26.0k | $20.82 |
| − OpEx | −$6.5k | −$5.20 |
| NOI | $19.5k | $15.61 |
1,250 SF · lease $21.96/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$278.8K
$244.0K – $325.3K
NOI $19,517 @ 7.0% cap · market cap 5.59%
Second Best
Retail
$256.7K
$224.6K – $299.5K
NOI $17,968 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$300.4K
$262.8K – $350.5K
NOI $21,027 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
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
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.191107
- Latitude
- 29.571331
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Flexible commercial condo suite with open layout, bathroom, and transferable liquor license option for food and beverage concepts.
Where is this storefront 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 $349,000.
What are key features of this property?
This property features: Single commercial condo (Suite C 129) in the European Village Shops and Restaurants Resort in Flagler County; 1,250 sq ft flexible space with an adaptable open layout for retail, office, service, or restaurant/bar use; Existing bathroom plus utility frameworks in place, ready for customization or completion to match your brand
