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26 Office Park Drive
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PRICED AT ONLY: $1,450,000

Address: 26 Office Park Drive, PALM COAST, FL 32137

Description

Office building for sale. Ideal for investment in an occupied building with 6.5% cap rate. Owner occupies approx. 60% of the building and is flexible to consider a lease back, subdividing, or vacating if the buyer needs the space. Leases are in place for the north side of the building and office suites both with their own entrances. New roof in 2025 and freshly paved parking lot with ample parking. Excellent location in the center of Palm Coast, close to the Community Center, shopping and easy access to I95 and Palm Coast Parkway. South side includes 12 offices, customer and staff bathrooms, lobby, reception area, conference room, break room, and storage. Northside includes 5 offices, conference room, 2 bathrooms, break room, reception, and lobby area. The building is in excellent condition and located in the Palm Harbor Office Park with complimentary businesses nearby.

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  • MLS#: FC310895 ( Commercial Sale )
  • Street Address: 26 Office Park Drive
  • Viewed: 25
  • Price: $1,450,000
  • Price sqft: $178
  • Waterfront: No
  • Year Built: 1990
  • Bldg sqft: 8163
  • Days On Market: 49

Description

Office building for sale. Ideal for investment in an occupied building with 6.5% cap rate. Owner occupies approx. 60% of the building and is flexible to consider a lease back, subdividing, or vacating if the buyer needs the space. Leases are in place for the north side of the building and office suites both with their own entrances. New roof in 2025 and freshly paved parking lot with ample parking. Excellent location in the center of Palm Coast, close to the Community Center, shopping and easy access to I95 and Palm Coast Parkway. South side includes 12 offices, customer and staff bathrooms, lobby, reception area, conference room, break room, and storage. Northside includes 5 offices, conference room, 2 bathrooms, break room, reception, and lobby area. The building is in excellent condition and located in the Palm Harbor Office Park with complimentary businesses nearby.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Other
  • Living Area: 6090.00
  • Roof: Metal, Other
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 19 to 30, Common, Ground Level
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Central, Heat Pump
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable, Electricity Available, Public, Underground Utilities, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Accessibility Features: Accessible Approach with Ramp, Accessible Entrance, Accessible Full Bath
  • Appliances: Refrigerator
  • Country: US
  • Legal Description: PALM HARBOR OFFICE PARK LTS 11A & 11B (MEDICAL OFFICE BLDG)OR 291 PG 801, OR 291 PG 806 OR 360 PG 359 OR 1003 PG 546 OR 1537/1 OR 1699/1689
  • Area Major: 32137 - Palm Coast
  • Occupant Type: Owner
  • Parcel Number: 07-11-31-7003-000A0-011A
  • Views: 25
  • Zoning Code: OFC-2
Nearby Subdivisions
Armand Beach East Sub   European Village Comm Condo   Industrial Park   Ocean Hammock Prcl B3   Palm Coast Coml Indl Cente   Palm Coast Sec 03 Palm Harbor    Palm Harbor Office Park   Westpointe Plaza Condo  
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2 Armand Beach Dr is a premium office building located in the desirable Armand Beach Office Park, just off A1A in the Hammock area of Palm Coast, FL. This location offers a rare opportunity to invest

  1. Request Information
  1. Approx. 4796 sqft
  1. MLSID: FC311754
  2. Provided by ONE SOTHEBYS INTERNATIONAL
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  4. mfrmls
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Wade M. Berlin

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