Retail Suite with Private
New
For Sale
$310,000
101 PALM HARBOR PKWY #B115, Palm Coast, FL 32137
A private restroom and three enclosed rooms provide flexible space for business operations, administration, or storage.
Property Size1,250 SF
Price / SF$248
Days on Market4
Property Features for 101 PALM HARBOR PKWY #B115
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Business
Amenities
0.02 acres
Public Sewer
Additional parcels description:, Parcel Number: 38-11-31-1915-000B0-1150, Public Survey Range: 31, Public Survey Section: 38, Annual Amount: $3,131.78, Tax Block: B/115, Tax Book Number: 1292/1204, Legal Description: EUROPEAN VILLAGE COMMERCIAL CONDO BLDG B UNIT 115 & UNDIVIDED INTEREST IN COMMON ELEMENTS OR 1292/1204 OR 1907/18 OR 2144/612, Lot: 115, Year: 2025
Central Air
Listing ID: MFRFC322323, Standard Status: Active, MLS Status: Active, Property Subtype: Business, On market as of 2026-10-23, Special Conditions: None
Built in 2005, Living area units: Square Feet, Construction Materials: Block, Stucco
MLS Area (Major): 32137 - Palm Coast, County/Parish: Flagler
Completed
Curbs, Sidewalks
BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected, Water Source: Public
Slab
Frontage Type: Alley, Road Surface: Asphalt
Dryer, Washer
Building Details
Year Built
2005
Listing Agency:
MAY REALTY & RESORT RENTALS
(904) 461-5732
Listed By:
Carsten Georg · License #3481663
(321) 604-5854
Source:
Miharaandassociates
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MAY REALTY & RESORT RENTALS
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Investment Insights
Based on property information with market context.
Located in Building B of European Village, this 1,250-square-foot retail condominium includes a private bathroom and three additional rooms, each approximately 12' x 8'. Built in 2005, the unit offers a defined multi-room layout within a commercial setting in Palm Coast.
European Village includes restaurants, specialty shops, and other businesses, with a pedestrian-oriented environment and community events that include a farmers market. The property is at 101 Palm Harbor Pkwy, Unit B115, in Palm Coast, Florida.
European Village includes restaurants, specialty shops, and other businesses, with a pedestrian-oriented environment and community events that include a farmers market. The property is at 101 Palm Harbor Pkwy, Unit B115, in Palm Coast, Florida.
Key Highlights
- 1,250‑square‑foot commercial condominium
- Three additional rooms, each approximately 12' x 8'
- Private bathroom within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,968
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,360
$359.4K
Cap Rate 7%
$256,686
$256.7K
Cap Rate 9%
$199,644
$199.6K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$27.8K $22.20/SF
− Vacancy
−$2.1K −$1.67/SF
EGI
$25.7K $20.54/SF
− OpEx
−$7.7K −$6.16/SF
NOI
$18.0K $14.37/SF
Area
Flagler County, FL
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,360
Cap Rate 7%
$256,686
Cap Rate 9%
$199,644
Alternative Uses
Best Use
Retail
$256.7K
$224.6K – $299.5K
NOI $17,968 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.4K
$262.8K – $350.5K
NOI $21,027 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 32137, FL
46,258
Population
24,717
Households
1.9
Avg Household Size
57
Median Age
37%
College-Educated
95%
High-School Grad
62.4 sq mi
ZIP Area
741
Density / Sq Mi
$78,731
Median Household Income
$42,249
Median Earnings
$1,790
Median Rent
$360,600
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A private restroom and three enclosed rooms provide flexible space for business operations, administration, or storage.
Where is this retail space located?
The property is located at 101 PALM HARBOR PKWY #B115 Palm Coast, FL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 1,250‑square‑foot commercial condominium; Three additional rooms, each approximately 12' x 8'; Private bathroom within the unit
