First-Floor Retail and Office
160 CYPRESS POINT Parkway Palm Coast, FL 32164
For Sale
$359,000
COMMERCIAL - PALM COAST, FL
Property Size1,170 SF
Lot Size0.03 Acres
Price / SF$306.84
Days on Market510
Property Features for 160 CYPRESS POINT Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COM2
Window features
Tinted Windows
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
07-11-31-1090-000D0-1140
Size
1,170 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CITY WALK CONDOMINIUM UNIT D114 OR 1852 PG 72 OR 1975/1748 OR 2183/960
Tax Annual Amount
2610
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2008
Floors in Building
1
Flooring type
Concrete
Building materials
Block, Concrete
Roof type
Metal
Listing Agency:
WELCOME HOME REAL ESTATE LLC
(386) 283-5620
Listed By:
Fatima Queiros · License #3069267
(386) 931-5065
Added: Mar 6, 2025
Changed: Jul 25
Last Checked: Jul 29 at 1:06PM
MLS# FC307906
Copyright © 2026 Stellar 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 for-sale first-floor commercial suite is located in Building D and is zoned COM2. The space offers access from both a front and a rear entrance, supporting straightforward customer entry and operational loading and unloading. The building includes an elevator for added convenience, along with abundant parking and designated handicap-accessible spaces.
The property is situated at 160 Cypress Point Parkway in Palm Coast, Florida. It is currently leased, with the lease expiring 1/31/2027.
Measuring 1,170 square feet, this is a versatile retail, office, or service-based commercial unit within a multi-building commercial setting.
The property is situated at 160 Cypress Point Parkway in Palm Coast, Florida. It is currently leased, with the lease expiring 1/31/2027.
Measuring 1,170 square feet, this is a versatile retail, office, or service-based commercial unit within a multi-building commercial setting.
Key Highlights
- First‑floor commercial unit in Building D, zoned COM‑2, built in 2008
- Currently leased; lease expires 1/31/2027
- Front and rear entrances for convenient loading and unloading
Financial Insights For 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 | $26.0k | $22.20 |
| − Vacancy | −$1.9k | −$1.67 |
| EGI | $24.0k | $20.54 |
| − OpEx | −$7.2k | −$6.16 |
| NOI | $16.8k | $14.37 |
1,170 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$240.3K
$210.2K – $280.3K
NOI $16,818 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$281.2K
$246.0K – $328.0K
NOI $19,681 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Total Winning — 340 Wellington Dr, Palm Coast, FL 32164
- MPower Fitness - 24 Hour Gym — 160 Cypress Point Pkwy STE D213, Palm Coast, FL 32164
- One Love Fitness & Performance — Belle Terre Pkwy, Palm Coast, FL 32164
- Conquer Fitness LLC — 160 Cypress Point Pkwy STE A202, Palm Coast, FL 32164
- Belle Terre Swim & Racquet Club — 73 Patricia Dr, Palm Coast, FL 32164
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Leased first-floor commercial suite in Building D, zoned COM2, with front and rear entrances and elevator access.
Where is this fitness center & gym located?
The property is located at 160 CYPRESS POINT Parkway Palm Coast, FL.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: First‑floor commercial unit in Building D, zoned COM‑2, built in 2008; Currently leased; lease expires 1/31/2027; Front and rear entrances for convenient loading and unloading
