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Property profile & analytics
FOR SALE
Sports & entertainment properties
200 Ocean Crest Dr Palm Coast, FL 32137
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2290866
For Sale
1 / 35
$674,900
200 Ocean Crest Dr, Palm Coast, FL 32137
View Listing →
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2003
Construction
STEEL FRAME
Total area
10,447 SF
Lot
5.87 ac (255,697 SF)
Zoning code
PUD
APN
04-11-31-3605-000C0-0000
UPID
US18-2290866
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
-
Delfinos Italian Chophouse Restaurant
-
Stix Sushi Bar at Hammock Beach Resort - Open for Guests Only Restaurant
-
Hammock Beach Vacation Rentals Travel Agency
-
Beach Club At Hammock Beach Hotel & Motel Bed & Breakfast
-
Explode Your Career Life Coach
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.66M
Owner & transaction history
Hammock Bch Acquisition Grp Ll · 6 yrs held
Hammock Bch Acquisition Grp Ll
since 2020
Last sale
$13.2M
4 recorded transactions
Zoning & alternative use
PUD · 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
$15,570,000
ML approach
$8,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.66M
Range $11.39M – $13.93M · ±10% · vs last sale $13.19M (Jan 3 2020)
Last sale anchor
$13.19M
Jan 3 2020
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
$1,212 / 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
$19,331
Tax year 2023
Assessed value
$1,308,342
Assessed 2023
Previous assessed
$1,308,342
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$293,500
Assessed improvement
$1,014,842
Land market value
$293,500
Improvement market value
$1,014,842
Total market value
$1,308,342
Applied tax rate
71.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
For Sale
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Units
1
Total area
10,447 SF
Lot
5.87 ac (255,697 SF)
Zoning code
PUD
APN
04-11-31-3605-000C0-0000
UPID
US18-2290866
Jurisdiction
FLAGLER
Zoning & alternative use
PUD · Palm Coast, FL
Zoning PUD · permitted uses
PUD · 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
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
1
Lot
5.87 ac
Current owner
From public records · entity-resolved
Hammock Bch Acquisition Grp Ll
Individual
Mailing address
5600 MARINER ST, TAMPA, FL 33609-3471
Ownership since
2020
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
Jan 3, 2020
—
Hammock Bch Acquisition Grp Ll
Lra Nohi LLC
Grant Deed
$27,300,000 · Sjp Investment Properties LLC
Jan 3, 2020
$13,187,600
Hammock Bch Acquisition Grp Ll
Hb Resort Assets LLC
Grant Deed
$27,300,000 · Sjp Invs Props LLC
Jan 3, 2020
$13,187,568
Hammock Bch Acquisition Grp Ll
Hb Resort Assets LLC
Grant Deed
$27,300,000 · Sjp Invs Props LLC
Jan 2, 2018
$3,049,500
Hb Resort Assets LLC
Lra Nohi LLC
Grant Deed
related
—
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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