Mixed-Use Retail and Residential
For Lease
$26,250
F101-890 Central Ave, Palm Coast, FL 32137
Under-construction mixed-use development combining first-floor commercial space with residences and pedestrian-oriented outdoor amenities.
Space SizeContact for details
Days on Market314
Property Features for F101-890 Central Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$205,030
Listing Agency:
ONE SOTHEBYS INTERNATIONAL
(386) 276-9200
Listed By:
Cornelia Downing Manfre · License #BK3008604
(386) 931-9256
Source:
Exprealty
Added: Nov 14, 2025
Changed: Sep 23
Last Checked: Sep 24 at 12:12PM
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.
The Promenade is an under-construction mixed-use development at the southwest corner of Central Avenue and Bulldog Drive in Palm Coast. Its first floor contains 57,000sf of commercial space planned for retail, restaurant, medical, and office uses, with available units ranging from 1,500sf to 5,900sf. The upper levels will include 204 studio, one- and two-bedroom residences.
Property amenities include rooftop lounges, outdoor gathering areas, a pool, pickleball facilities, multi-use trail access, greenbelt views, and pedestrian-friendly streetscapes. The development is directly across from Central Park at Town Center and is designed to serve surrounding residential and employment activity, including approximately 1,500 single-family homes, townhomes, and apartments in the Town Center area.
Property amenities include rooftop lounges, outdoor gathering areas, a pool, pickleball facilities, multi-use trail access, greenbelt views, and pedestrian-friendly streetscapes. The development is directly across from Central Park at Town Center and is designed to serve surrounding residential and employment activity, including approximately 1,500 single-family homes, townhomes, and apartments in the Town Center area.
Key Highlights
- 57, 000sf of first‑floor commercial space
- Available commercial units from 1, 500sf to 5, 900sf
- 204 studio, one- and two‑bedroom residences above the commercial space
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
58
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
Lease Benchmarks for Palm Coast, FL
$35 /SF/Yr
Avg Asking Price
$35–$35 /SF/Yr
Price Range
4,244 SF
Avg Space Size
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Under-construction mixed-use development combining first-floor commercial space with residences and pedestrian-oriented outdoor amenities.
Where is this mixed-use property located?
The property is located at F101-890 Central Ave Palm Coast, FL.
What is the lease rate?
The lease rate is $26,250.
What are key features of this property?
This property features: 57, 000sf of first‑floor commercial space; Available commercial units from 1, 500sf to 5, 900sf; 204 studio, one- and two‑bedroom residences above the commercial space
