Retail Condo with Open
For Sale
$179,900
B317-101 Palm Harbor Pkwy, Palm Coast, FL 32137
Flexible commercial condo with an open interior, existing bathroom, and utility infrastructure for customization.
Property Size1,250 SF
Price / SF$143.92
Days on Market91
Property Features for B317-101 Palm Harbor Pkwy
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$3,115
Listing Agency:
realty executives oceanside
Listed By:
SALVATORE LAZZANO · License #670962
(386) 506-8008
Source:
Exprealty
Added: Jul 18
Changed: Oct 13
Last Checked: Oct 15 at 12:02AM
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 realty executives oceanside
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Investment Insights
Based on property information with market context.
Suite C 129 is a single commercial condominium within the European Village Shops and Restaurants Resort in Palm Coast. The 1,250-square-foot space has an open interior configuration, an existing bathroom, and utility frameworks in place for a customized buildout. The premises can accommodate retail, professional office, specialized service, or restaurant/bar concepts, subject to applicable requirements.
The property is located at B317-101 Palm Harbor Pkwy in Flagler County’s European Village commercial destination. A previous full liquor license associated with the suite may be transferred to a new owner for an additional fee, offering a potential path for food and beverage operations.
The property is located at B317-101 Palm Harbor Pkwy in Flagler County’s European Village commercial destination. A previous full liquor license associated with the suite may be transferred to a new owner for an additional fee, offering a potential path for food and beverage operations.
Key Highlights
- 1, 250 sq ft commercial condo in Suite C 129
- Located within European Village Shops and Restaurants Resort
- Open interior layout with an existing bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,479
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,580
$289.6K
Cap Rate 7%
$206,843
$206.8K
Cap Rate 9%
$160,878
$160.9K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$24.8K $19.80/SF
− Vacancy
−$5.4K −$4.36/SF
EGI
$19.3K $15.44/SF
− OpEx
−$4.8K −$3.86/SF
NOI
$14.5K $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%
$289,580
Cap Rate 7%
$206,843
Cap Rate 9%
$160,878
Alternative Uses
Best Use
Retail
$256.7K
$224.6K – $299.5K
NOI $17,968 @ 7.0% cap · market cap 9.99%
Second Best
Office B
$206.8K
$181.0K – $241.3K
NOI $14,479 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$300.4K
$262.8K – $350.5K
NOI $21,027 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
256
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial condo with an open interior, existing bathroom, and utility infrastructure for customization.
Where is this retail space located?
The property is located at B317-101 Palm Harbor Pkwy Palm Coast, FL.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 1, 250 sq ft commercial condo in Suite C 129; Located within European Village Shops and Restaurants Resort; Open interior layout with an existing bathroom
