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    Spacious Unit with Balcony View Title is generated by Realmo AI

    200 BELLA HARBOR COURT 108, Palm Coast, FL 32137

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    For Sale
    $259,000

    Three-bedroom unit with balcony overlooking pool, spa, and garden.

    Type:Condo/Townhome
    Property size:
    1,745 SF
    Price / SF:
    $148/SF
    Added:
    Nov 29, 2024
    Days on Market:
    548
    Last Refresh:
    May 19 at 10:09 pm

    Property Features for 200 BELLA HARBOR COURT 108

    General Information

    Standard status
    Active
    Size
    1,745 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2006

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    Listing Contact
    Dorothy Thompson
    Dorothy Thompson

    Listing agent Dorothy Thompson License #3306711

    Listing office WATSON REALTY CORP

    Listing date Nov 29, 2024

    Source Exitrealty

    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 WATSON REALTY CORP

    HighLights

    • Spacious 3 bedroom 2 bathroom unit.
    • Large balcony overlooking pool, spa and garden area.
    • Great location near the intracoastal waterway and European Village (restaurants, shops, events).
    • Under building parking with private storage room.
    • Granite counters and hardwood cabinets.
    • Wood‑look ceramic tile floors throughout.

    Overview

    This spacious unit features 3 bedrooms and 2 bathrooms. The interior includes granite counters, hardwood cabinets, and wood-look ceramic tile floors throughout. A large balcony overlooks the pool, spa, and garden area. The property offers under-building parking with a private storage room and elevator access. It is located near the intracoastal waterway and the European Village, which offers restaurants, shops, and special events. The property size is 1745 square feet.

    Local Financial Insights For Apartment 5plus

    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 $34.6k $19.80
    − Vacancy −$2.0k −$1.15
    EGI $32.5k $18.65
    − OpEx −$14.6k −$8.39
    NOI $17.9k $10.26
    1,745 SF · lease $19.80/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $255.7K
    $223.8K – $298.4K (±1% cap)
    NOI $17,901 @ 7.0% cap · market cap 6.91%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $419.3K
    $366.9K – $489.2K (±1% cap)
    NOI $29,354 @ 7.0% cap · market cap 11.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Coast
    County
    Flagler
    State
    Florida
    Longitude
    -81.1956481
    Latitude
    29.5777214

    FAQs

    What type of property is this?
    Residential income property - Three-bedroom unit with balcony overlooking pool, spa, and garden.
    Where is this residential income property located?
    The property is located at 200 BELLA HARBOR COURT 108 Palm Coast, FL.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: Spacious 3 bedroom 2 bathroom unit.; Large balcony overlooking pool, spa and garden area.; Great location near the intracoastal waterway and European Village (restaurants, shops, events).
    More about this property
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