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Mixed-Use Space with Rooftop Amenities
For Lease
$80,465

2-890 Central Ave, Palm Coast, FL 32137

Under-construction commercial space combines pedestrian-oriented design with residences, trails, outdoor gathering areas, and pool and pickleball amenities.

Space Size1,500 SF - 5,900 SF
Property Size57,000 SF
Days on Market303

Property Features for 2-890 Central Ave

General Information

Standard status Active
Size 1,500 SF - 5,900 SF
Net Rentable 1,500 SF

Space & Availability

Available Space 1,500-5,900 SF
Contiguous Space 5,900 SF
Floor 1

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $205,030

Amenities

roof-top lounges
dedicated outdoor gathering spaces
pool
pickleball
direct access to multi-use trails
greenbelt views
pedestrian-friendly streetscapes

Building Details

Building Size 57,000 SF
Tenancy Multi
Listing Agency: ONE SOTHEBYS INTERNATIONAL
Listed By: Cornelia Downing Manfre · License #BK3008604
Source: Exprealty
Added: Nov 14, 2025 Changed: Sep 11 Last Checked: Sep 12 at 12:11PM

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 ONE SOTHEBYS INTERNATIONAL

Investment Insights

Based on property information with market context.

This under-construction mixed-use property includes a 2,299-square-foot commercial space within the first floor of a 57,000-square-foot development. Available configurations range from 1,500 square feet to 5,900 square feet, with planned opportunities for retail, restaurant, medical, and office uses. The upper floors are planned for 204 studio, one-bedroom, and two-bedroom residences, creating an integrated residential and commercial setting.

The Promenade occupies the southwest corner of Central Avenue and Bulldog Drive at 2-890 Central Ave in Palm Coast, directly across from Central Park at Town Center. The project includes rooftop lounges, outdoor gathering areas, a pool, pickleball facilities, multi-use trail access, greenbelt views, and pedestrian-oriented streetscapes. Approximately 1,500 single-family homes, town homes, and apartments are identified within the surrounding Town Center residential base.

Key Highlights

  • 2,299‑square‑foot commercial space within a 57,000‑square‑foot first‑floor commercial area
  • Available configurations from 1,500 square feet to 5,900 square feet
  • Planned development includes 204 studio, one‑bedroom, and two‑bedroom residences

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Nail Salon (Bike/Boat/Book/etc) Store Law Firm Spa & Massage Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

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

Market

Lease Benchmarks for Palm Coast, FL

$35 /SF/Yr
Avg Asking Price
$35–$35 /SF/Yr
Price Range
4,508 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Under-construction commercial space combines pedestrian-oriented design with residences, trails, outdoor gathering areas, and pool and pickleball amenities.
Where is this mixed-use property located?
The property is located at 2-890 Central Ave Palm Coast, FL.
What is the lease rate?
The lease rate is $80,465.
What are key features of this property?
This property features: 2,299‑square‑foot commercial space within a 57,000‑square‑foot first‑floor commercial area; Available configurations from 1,500 square feet to 5,900 square feet; Planned development includes 204 studio, one‑bedroom, and two‑bedroom residences
More about this property
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