Flexible Retail/Restaurant Condo
101 Palm Harbor Parkway, Palm Coast, FL 32137
New
COMMERCIAL - Palm Coast, FL
Property size:
1,250 SFLot size:
0.03 AcresPrice / SF:
$279/SF- Added:
- Jun 22, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 22 at 6:06 pm
Property Features for 101 Palm Harbor Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 38-11-31-1915-000C0-1300
- 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 130 & UNDIVIDED INTEREST IN COMMON ELEMENTS OR 1286/1149 OR 2028/1413 OR 2092/620-50% INT ACACIO REIS TRUST & 50% INT ELIZABETH REIS TRUST OR 2111/596-CD OR 2438/46
- Tax Annual Amount
- 3635
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- 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 22, 2026
MLS# 1227802
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
- Suite C 130 commercial condo in the European Village Shops and Restaurants Resort with 1,250 sq ft of flexible space
- Currently configured as a retail boutique, with an adaptable layout that could support a targeted restaurant/bar concept
- Open layout includes an existing bathroom and utility frameworks ready for customization or completion
- Previous full liquor license associated with the location may be transferred to new owners for an additional fee
- Parking lot included; public sewer service
- Built in 2005 with stone and stucco construction, wood flooring, and central air with electric heating
Overview
This single commercial condo, Suite C130, is offered for sale within the European Village Shops and Restaurants Resort. The interior features an adaptable open layout with an existing bathroom and utility frameworks that can be customized or completed to match a specific concept. The space is currently configured as a retail boutique, with characteristics that may support a restaurant or bar buildout.
The property is located at 101 Palm Harbor Parkway in Palm Coast, within Flagler County. It is part of a resort setting that combines shops and restaurants, supporting commercial traffic intended for dining and retail visitors.
For buyers or operators seeking a finish-to-suit opportunity, Suite C130 provides a flexible footprint for retail or a targeted restaurant/bar approach, with key infrastructure already started. A previous full liquor license associated with this location is available for transfer for an additional fee, which may be relevant for beverage-focused concepts. The remarks also indicate that both units C129 and C130 may be purchased together to create a larger combined space.
The property is located at 101 Palm Harbor Parkway in Palm Coast, within Flagler County. It is part of a resort setting that combines shops and restaurants, supporting commercial traffic intended for dining and retail visitors.
For buyers or operators seeking a finish-to-suit opportunity, Suite C130 provides a flexible footprint for retail or a targeted restaurant/bar approach, with key infrastructure already started. A previous full liquor license associated with this location is available for transfer for an additional fee, which may be relevant for beverage-focused concepts. The remarks also indicate that both units C129 and C130 may be purchased together to create a larger combined space.
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 5.58%
Second Best
Retail
$256.7K
$224.6K – $299.5K
NOI $17,968 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$300.4K
$262.8K – $350.5K
NOI $21,027 @ 7.0% cap · market cap 6.01%
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 - Suite C130 offers an open retail layout with bathroom and utilities, suitable for retail or targeted restaurant/bar 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 $349,900.
What are key features of this property?
This property features: Suite C 130 commercial condo in the European Village Shops and Restaurants Resort with 1,250 sq ft of flexible space; Currently configured as a retail boutique, with an adaptable layout that could support a targeted restaurant/bar concept; Open layout includes an existing bathroom and utility frameworks ready for customization or completion
