1 Hammock Beach Parkway
Palm Coast, FL 32137

Listed at $4,700,000

Details

  • MLS# FC308281
  • Commercial - Office
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 25,834 Square Feet
  • 2.200 acres
  • Built in 2003
  • Local Schools

Description

Fully leased Iconic office building with strong operating history located in the highly coveted Hammock area of Palm Coast. Originally constructed as the sales center for Hammock Beach and Ocean Hammock, the facility is first class. Impressive 5K+ sf lobby has not been allocated among seven tenant's leases as a core factor, so there is an immediate opportunity for additional income over current NOI. Operating numbers for 2024 are actual, and pricing reflects a 7 cap rate. At under $200/sf, this building could not be replicated. The roof was replaced in 2023/24 and all HVAC units are updated as well. There is not a better city in Florida for...read more commercial real estate investment! Palm Coast has experienced substantial growth in recent years. As of 2024, the citys population is estimated at 106,000. The local economy is diverse, with key employment sectors including healthcare, retail trade, hospitality and food services. The citys proximity to Jacksonville, Orlando, and the Space Coast provides businesses with access to a highly educated and skilled workforce. Palm Coast is just 60 miles south of Jacksonville and 80 miles northeast of Orlando enabling it to draw significant business from these larger markets.Dont miss the premier investment opportunity in fast growing, desirable Palm Coast. Call to make an appointment and see this upscale, profitable facility for yourself!

Features

  • Refrigerator
  • Central Air
  • Brick
  • Carpet
  • Ceramic Tile
  • Central
  • 2.0 Stories
  • $30,745 Taxes
  • Public
  • Built in 2003
View All Features

Contact the Agent

Contact the Listing Agent
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/08/2026. The listing information on this page last changed on 03/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 03/08/2026 12:09:49 AM EST) or Miami MLS (last updated Sat 03/07/2026 11:58:39 PM EST) or Stellar MLS (last updated Sat 03/07/2026 11:58:56 PM EST) or Daytona MLS (last updated Sat 03/07/2026 11:36:56 PM EST) or Tallahassee MLS (last updated Sat 03/07/2026 10:48:02 PM EST) or Northeast Florida MLS (last updated Sat 03/07/2026 11:58:46 PM EST) or My State MLS (last updated Sat 03/07/2026 11:30:21 PM EST) or Florida Keys MLS (last updated Sat 03/07/2026 8:29:20 PM EST). Real estate listings held by brokerage firms other than Adams Cameron & Co. REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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All Property Features

  • Property Type: Commercial - Office
  • Accessibility Features: Accessible Entrance
  • Appliances: Refrigerator
  • Building: Bathrooms, Dumpsters, Elevator, Trash Removal
  • Condo Fee: $9840/ Annual
  • Cooling: Central Air
  • Days on Site: 346
  • Directions: From I-95 take Palm Coast Parkway East to Hammock Dunes Parkway. Proceed 1 mile north to Hammock Beach Parkway on the right. Building is immediately on your left before the guard gate.
  • Exterior: Block, Stucco
  • Flood Zone Code: X
  • Flooring: Brick, Carpet, Ceramic Tile
  • Foundation: Slab
  • Heating: Central
  • Home Warranty Y/N: No
  • Listing Terms: Cash, Conventional
  • Lot Dimensions: 2.2
  • Lot Size: 2.20 Acres
  • Ownership: Sole Proprietor
  • Parking: Common, Lighted, Over 30 Spaces
  • Parking Notes: Common, Lighted, Over 30 Spaces
  • Property Attached Y/N: No
  • Property Sub-Type: Office
  • Sale Includes: Building(s) and Land, Leases
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Lights, Security System, Smoke Detector(s)
  • Sewer: Public Sewer
  • Showing Instructions: Appointment Only
  • Special Sale Provisions: None
  • Stories: 2.0
  • Taxes: $30,745
  • Utilities: Electricity Available, Phone Available, Water Connected
  • Water: Public
  • Water Access Y/N: No
  • Windows: Double Pane Windows
  • Year Built: 2003
  • Zoning: PUD