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Property profile & analytics
FOR SALE
Office buildings
1 Florida Park Dr Palm Coast, FL 32137
Entity Owned
Free & Clear
Property ID
US18-0299141
For Sale
1 / 2
$6,875,000
1 Florida Park Dr, Palm Coast, FL 32137
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
STEEL FRAME
Total area
35,864 SF
Lot
2.91 ac (126,760 SF)
Zoning code
COM-2
APN
41-11-31-0000-01040-0010
UPID
US18-0299141
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Appliance Repair Doctor Palm Coast Home Appliance Store
-
Palm Coast Physical Therapy Physician
-
Waterstone Mortgage Corporation Loan Service Bank
-
Gold Coast Realty Real Estate Agency
-
B. Paul Katz Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.82M
Comparable Approach
Comparable
$6.08M
Blend (final)
Blend
$6.88M
Owner & transaction history
Metro Palm Coast LLC
Metro Palm Coast LLC
since 2025
Last sale
$7.3M
7 recorded transactions
Zoning & alternative use
COM-2 · Palm Coast, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palm Coast submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Coast submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,385,000
6.5%
$6,815,000
7%
$6,330,000
Blend value · Realmo final
$6.88M
Range $6.19M – $7.56M · ±10% · vs last sale $7.30M (May 1 2025)
Last sale anchor
$7.30M
May 1 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$192 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$37,055
Tax year 2023
Assessed value
$2,000,000
Assessed 2023
Previous assessed
$2,000,000
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed improvement
$2,000,000
Improvement market value
$2,000,000
Total market value
$2,000,000
Applied tax rate
61.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Units
1
Bathrooms
2
Total area
35,864 SF
Lot
2.91 ac (126,760 SF)
Zoning code
COM-2
APN
41-11-31-0000-01040-0010
UPID
US18-0299141
Jurisdiction
FLAGLER
Zoning & alternative use
COM-2 · Palm Coast, FL
Zoning COM-2 · permitted uses
COM-2 · Palm Coast, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Coast. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Units
1
Bathrooms
2
Lot
2.91 ac
Current owner
From public records · entity-resolved
Metro Palm Coast LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 395, BUNNELL, FL 32110-0395
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
$7,300,000
Metro Palm Coast LLC
Equity Holding Company Of Flagler L
Special Warranty Deed
—
May 1, 2023
$145,000
On Point Chiropractic LLC
Luis F Vaz
Warranty Deed
—
May 2, 2019
$135,000
On Point Chiropractic LLC
Vaz,luis F & Ilda A
Warranty Deed
$35,000 · Luis F & Ilda A Vaz
Apr 1, 2019
$212,000
Surise Plaza II LLC
Three Sisters Kuk LLC
Warranty Deed
$196,500 · Intracoastal Bank
Mar 27, 2019
$100
Sonya INC
Ssgs Family Trust
Deed
related
—
Jan 2, 2019
—
Alliance Finl Ptrs INC
—
Deed
related
$150,000 · Crestmark
Aug 15, 2018
—
Vastola Properties LLC
Vastola,winifred A
Quitclaim Deed
related
—
Jun 20, 2018
—
Luis F Vaz
Exhale Spa Corp
Warranty Deed
—
May 9, 2018
—
Sonya INC
Ssgs Family Trust
Quitclaim Deed
related
—
Feb 16, 2018
—
Ssgs Family Trust
Sonya INC
Quitclaim Deed
related
—
Jan 29, 2018
—
Three Sisters Kuk LLC
Gittler Karl
Grant Deed
—
Aug 28, 2017
—
Karl Gittler
Kolb,devin Coc
Trust Deed
related
—
Jul 21, 2017
—
Alliance Financial Ptrs INC
—
Deed
related
$100,000 · Intracoastal Bk
Mar 16, 2017
$120,000
Winifred A Vastola
Daly,jim & Mairead
Warranty Deed
—
Jul 6, 2005
$380,000
Ella Chageyeva
Sunrise Plaza Of Palm Coast INC
Warranty Deed
$247,000 · Yale Mortgage Corp
May 29, 1997
$2,500,000
Equity Holding
Indigo Group Ltd
Grant Deed
related
$1,950,000 · Barnett Bank
—
—
Palms At Matanzas LLC
—
Deed Of Trust
related
$251,969 · Raccoon Realty INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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