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Financial
Distress signals
Property profile

1 Hammock Beach Pkwy PALM COAST Palm Coast, FL 32137

FOR SALE
Office buildings
Property ID
US19-0469977
25,834 SF 2.2 ac lot Built 2003
Last sale Apr 2016 · $2,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 2003-built office building located at 1 Hammock Beach Parkway in the Hammock area of Palm Coast, Florida. It offers office space in multiple configurations, including a first-floor suite of approximately 5,000 square feet arranged in a traditional racetrack layout with high-end interior finishes, and second-floor space that combines private offices with flexible open areas, training rooms, and café-style gathering spaces. The second floor can provide up to approximately 10,000…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$30k
Tax billed · 2023
Assessed value$2.11M
Assessed improvement$2.11M
Effective rate1.44%

Value estimate

· Oct 2026
$3.36M
$3.02M – $3.70M
Submarket $/SF estimate$4.38M
NOI build-up
Gross scheduled income$512k
Vacancy & credit loss−$113k
Operating expenses−$100k
NOI · 6.37% cap applied$299k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$14,763/SF
ZIP average, outlier-cleaned · 129 recorded sales of this use type
Observed band · Q1–Q3$171 – $45,526

Cap rate analysis

How does the asset earn?
6.37%
$299k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PUD
The intent of the Planned Unit Development district is to encourage innovative land planning and site design by allowing greater flexibil...
General categoryPLANNED_DEVELOPMENT
JurisdictionFLAGLER

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop14.6
Pharmacy12.3
Spa & Massage11.9

Location

1 Hammock Beach Pkwy, Unit PALM COAST Palm Coast, FL 32137
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1 Florida Park, Palm Coast, FL 32137-3852 $7,300,000 May 2025 35,864 SF
6 Meridian Home, Palm Coast, FL 32137-2402 $1,200,000 May 2023 7,724 SF
2 Armand Bch, Palm Coast, FL 32137-2640 $577,500 Apr 2023 4,796 SF
1 Hargrove Grade, Palm Coast, FL 32137-5117 $1,250,000 Apr 2019 9,659 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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