Mixed-Use Property with Riverfront
For Sale
$605,000
101 PALM HARBOR PARKWAY, Palm Coast, FL 32137
Commercial Sale, Palm Coast, FL
Property Size1,805 SF
Lot Size0.05 Acres
Price / SF$335.18
Days on Market52
Property Features for 101 PALM HARBOR PARKWAY
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Mixed Use
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
View
River
Directions
Head southeast on I-95 S, take Exit 289 toward Palm Coast, keep left at the fork following signs for Palm Coast Parkway E/Florida A1A, turn onto Palm Coast Pkwy SE, continue to Palm Harbor Pkwy, turn right, then make a U-turn to reach the destination.
Standard status
Active
APN
38-11-31-1915-000A0-P003
Size
1,805 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1304
HOA Fee
$155 Monthly
Utilities
Sewer type
Public Sewer
Water source
Public
Water front features
River Front
Water front
1
Building Details
Year built
2005
Flooring type
Vinyl, Tile, Carpet
Roof type
Tile
Listing Agency:
RE/MAX Signature
(386) 236-2797
Listed By:
Clarissa Swartzlander · License #3535615
(724) 954-2787
Added: Aug 18
Changed: Sep 16
Last Checked: Oct 8 at 12:06PM
MLS# 11679821
Copyright © 2026 My State 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.
This mixed-use offering includes two condominium units totaling 1,805 square feet, with carpet, vinyl, and tile flooring, two bathrooms, tile roofing, and a 2005 construction date. Public water and sewer serve the property. The units are identified for residential occupancy, short-term rental use, or professional office space.
The package also includes two additional land parcels, including one located directly on the Intracoastal Waterway and identified with riverfront features. Ten covered parking spaces are included. The property is situated in European Village in Palm Coast, within Flagler County, Florida.
The package also includes two additional land parcels, including one located directly on the Intracoastal Waterway and identified with riverfront features. Ten covered parking spaces are included. The property is situated in European Village in Palm Coast, within Flagler County, Florida.
Key Highlights
- Two condominium units totaling 1,805 square feet
- Residential, short‑term rental, or professional office use identified
- Two additional land parcels included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,907
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,140
$418.1K
Cap Rate 7%
$298,671
$298.7K
Cap Rate 9%
$232,300
$232.3K
Market Conditions
NOI Build-Up for 1,805 SF
Gross rent
$35.7K $19.80/SF
− Vacancy
−$7.9K −$4.36/SF
EGI
$27.9K $15.44/SF
− OpEx
−$7.0K −$3.86/SF
NOI
$20.9K $11.58/SF
Area
Flagler County, FL
Vacancy
22.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,140
Cap Rate 7%
$298,671
Cap Rate 9%
$232,300
Alternative Uses
Best Use
Office B
$298.7K
$261.3K – $348.5K
NOI $20,907 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$264.5K
$231.5K – $308.6K
NOI $18,516 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$433.8K
$379.5K – $506.1K
NOI $30,363 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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 Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two condominium units support residential, short-term rental, or professional office use within a recognizable mixed-use destination.
Where is this mixed-use 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 $605,000.
What are key features of this property?
This property features: Two condominium units totaling 1,805 square feet; Residential, short‑term rental, or professional office use identified; Two additional land parcels included
