Active

$1,318,900

Features:
  • Bedrooms
  • 0 Bathrooms
  • 4796 sq ft
Overview
  • ID: MFRFC311754
  • Bedrooms:
  • Bathrooms: 0
  • Size: 4796 sq ft
Property Details
Remarks
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 in a stabilized, income-generating professional office with 4,796 sf in a coastal, high-demand market with strong tenant interest and limited professional office inventory. Gross Rent Potential is estimated at $107,400 with monthly income of $8,950. Income is provided by 4 separate units, the second floor units have vaulted high ceilings giving a spacious feeling. The owner pays insurance, real estate taxes and common area maintenance. The property is a modern coastal-style construction with attractive curb appeal, ample parking and easy access for clients and staff including an elevator. Its high visibility from A1A and proximity to major residential communities makes it ideal for medical, legal, financial, or administrative professionals, and potential for multiple tenant uses. It is located in the affluent Hammock area which has a rapidly growing population of second-home owners, and high-income professionals. The area is surrounded by luxury residential and resort communities such as the Hammock Beach Resort, Hammock Dunes and the future Ritz Carlton Residence. There is a limited inventory of quality office space in this submarket that makes this an attractive investment. 1 Armand Beach Dr. is also available for sale. Contact agent for showings and financial information.
Financial Considerations
Price:
$1,318,900
HOA Fee:
N/A
Tax Amount:
$5937.35
Price per SqFt:
$275
Tax Legal Description:
ARMAND BEACH EAST SUBD LOT 2 PARCELS 21, 22, 23 & 24 OR 47/32 OR 98/566 OR 269/ 627 OR 492/1827 OR 940/812
Exterior Features
Lot Size:
30618
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 13 to 18
Roof:
Tile
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
Refrigerator
Furnished:
No
Floor:
Carpet, Tile
Levels:
Two
Additional Features
Property Sub Type:
Office
Style:
N/A
Year Built:
2004
Construction Type:
Block, Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2 ARMAND BEACH DR
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

img
  • Featured
  • Active
Office

4260 W LINEBAUGH AVE

  • 0
  • 418 m²
avt
Daniel Dourado
$ 1,345,000
avt
Daniel Dourado
$ 994,125
avt
Daniel Dourado
$ 325,000
img
  • Featured
  • Active
Office

1007 E FORT KING ST

  • 0
  • 448 m²
avt
Daniel Dourado
$ 995,000
avt
Daniel Dourado
$ 399,000
avt
Daniel Dourado
$ 245,000
avt
Daniel Dourado
$ 700,000
avt
Daniel Dourado
$ 1,999,000
avt
Daniel Dourado
$ 495,000
avt
Daniel Dourado
$ 1,950,000
avt
Daniel Dourado
$ 750,000
img
  • Featured
  • Active
Office

6600 SW HIGHWAY 200 #300

  • 0
  • 1125 m²
avt
Daniel Dourado
$ 3,200,000