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Property profile & analytics
FOR SALE
Office buildings
2 Armand Beach Dr Palm Coast, FL 32137
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-3333834
For Sale
1 / 17
$1,318,900
2 Armand Beach Dr, Palm Coast, FL 32137
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
TYPE NOT SPECIFIED
Total area
4,796 SF
Lot
0.7 ac (30,623 SF)
Zoning code
R/C
APN
20-10-31-0300-00020-0230
UPID
US18-3333834
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
-
Book Manufacturers Institute Inc Association / Organization
-
Stajo Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$813k
Blend (final)
Blend
$840k
Owner & transaction history
Rose Group Properties LLC · 3 yrs held
Rose Group Properties LLC
since 2023
Last sale
$577,500
4 recorded transactions
Zoning & alternative use
R/C · 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
$785,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$910,000
7%
$845,000
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $578k (Apr 14 2023)
Last sale anchor
$578k
Apr 14 2023
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
$175 / 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
$5,695
Tax year 2023
Assessed value
$397,000
Assessed 2023
Previous assessed
$397,000
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed improvement
$397,000
Improvement market value
$397,000
Total market value
$397,000
Applied tax rate
2.0000
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
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
4,796 SF
Lot
0.7 ac (30,623 SF)
Zoning code
R/C
APN
20-10-31-0300-00020-0230
UPID
US18-3333834
Jurisdiction
FLAGLER
Zoning & alternative use
R/C · Palm Coast, FL
Zoning R/C · permitted uses
R/C · 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
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Rose Group Properties LLC
Entity
Mailing address
2 ARMAND BCH DR, PALM COAST, FL 32137-2640
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2023
$577,500
Rose Group Properties LLC
Stajo Construction INC
Warranty Deed
—
Sep 27, 2022
—
Stajo Construction INC
—
Deed
related
$263,227 · Rosie Associates LLC
Oct 27, 2003
—
Stajo Construction INC
—
Trustees Deed
related
$570,000 · Southtrust Bank NA
Jun 6, 2003
$85,700
Stajo Construction INC
Gedeco INC
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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