Retail Condo Suite with Flexible
C130-101 Palm Harbor Parkway Palm Coast, FL 32137
C130-101 Palm Harbor Parkway, Palm Coast, FL, 32137
$349,900
For Sale
$349,900
Suite C 130 retail condo in European Village Resort with open layout, existing bathroom, and utilities for customization.
Property Size1,250 SF
Price / SF$279.92
Days on Market32
Property Features for C130-101 Palm Harbor Parkway
General Information
- Standard status
- Active
- Size
- 1,250 SF
Listing agency
AXEN Realty LLC
(770) 689-6464
Listed by
Michael S Grubbs
(770) 689-6464
Source
Exprealty
Added: Jun 22 Updated: Jul 22 at 7:09PM Checked: Jul 22 at 7:09PM
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 AXEN Realty LLC
Investment Insights
Based on property information with market context.
Suite C 130 is a single commercial condo offering an adaptable open layout, currently configured as a retail boutique. The space includes an existing bathroom and utility frameworks that can be customized or completed to fit a tenant’s specific buildout plan.
The suite is located within the European Village Shops and Restaurants Resort in Palm Coast, Florida. A previous full liquor license associated with this location is available for transfer to the new owner for an additional fee, subject to the transfer process. Both units C129 and C130 may be purchased together to create a larger combined opportunity.
The suite is located within the European Village Shops and Restaurants Resort in Palm Coast, Florida. A previous full liquor license associated with this location is available for transfer to the new owner for an additional fee, subject to the transfer process. Both units C129 and C130 may be purchased together to create a larger combined opportunity.
Key Highlights
- Single commercial condo: Suite C 130 in the European Village Shops and Restaurants Resort
- 1,250 SF flexible open layout with an existing bathroom and utility frameworks
- Currently set up as a retail boutique, with potential for a targeted restaurant/bar concept
Local 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 | $27.8k | $22.20 |
| − Vacancy | −$2.1k | −$1.67 |
| EGI | $25.7k | $20.54 |
| − OpEx | −$7.7k | −$6.16 |
| NOI | $18.0k | $14.37 |
1,250 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$256.7K
$224.6K – $299.5K
NOI $17,968 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.4K
$262.8K – $350.5K
NOI $21,027 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Suite C 130 retail condo in European Village Resort with open layout, existing bathroom, and utilities for customization.
Where is this storefront property located?
The property is located at C130-101 Palm Harbor Parkway Palm Coast, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Single commercial condo: Suite C 130 in the European Village Shops and Restaurants Resort; 1,250 SF flexible open layout with an existing bathroom and utility frameworks; Currently set up as a retail boutique, with potential for a targeted restaurant/bar concept
