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Active Commercial

1 HAMMOCK BEACH PARKWAY

Palm Coast, FL 32137

STELLAR #FC308281 Updated: Apr 2, 2026, 1:53pm
$4,700,000
0 Beds • 0 Baths • 25,834 SqFt
Property
ActiveCommercial
1/53
$4,700,000

1 HAMMOCK BEACH PARKWAY

Palm Coast, FL 32137
0
Beds
0
Baths
25,834
SqFt
2.2
Acres
STELLAR
#FC308281
Updated: Apr 2, 2026, 1:53pm

Property 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 commercial real estate investment! Palm Coast has experienced substantial growth in recent years. As of 2024, the city's population is estimated at 106,000. The local economy is diverse, with key employment sectors including healthcare, retail trade, hospitality and food services. The city's 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.

Don't miss the premier investment opportunity in fast growing, desirable Palm Coast. Call to make an appointment and see this upscale, profitable facility for yourself!
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Included Appliances
Refrigerator

Property Details

Interior
Accessibility Features
Accessible Entrance
Appliances
Refrigerator
Building Area Total
25834
Cooling
Central Air
Flooring
Brick/StoneCarpetCeramic Tile
Green Indoor Air Quality
No Smoking-Interior Buildg
Heating
Central
Living Area
25834
Security Features
Fire AlarmFire Sprinkler SystemKey Card EntrySecurity LightsSecurity SystemSmoke Detector(s)
Window Features
Double Pane Windows
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
South
Foundation Details
Slab
Living Area Units
Square Feet
Stories Total
2
Year Built
2003
Site & Exterior
Electric
200+ Amp Service
Flood Zone Code
X
Green Water Conservation
Irrigation-Reclaimed Water
I D X Participation
Yes
Lot Size Acres
2.2
Lot Size Area
2.2
Lot Size Square Feet
95832
Lot Size Units
Acres
Parking Features
CommonLightedOver 30 Spaces
Public Survey Range
31E
Public Survey Section
04
Road Frontage Type
City Street
Road Surface Type
AsphaltPaved
Sewer
Public Sewer
Total Acreage
2 to less than 5
Utilities
Electricity AvailablePhone AvailableWater Connected
Water Source
Public
Zoning
PUD
Financials
Calculated List Price By Calculated Sq Ft
181.93
Condo Fees
9840
Condo Fees Term
Annual
Contract Status Change Date
2025-03-26
Current Price
4700000
Feed Types
BBO
Monthly Condo Fee Amount
820
Owner Name
COASTAL CLOUD PROPERTIES LLC
Owner Phone
800-237-9574
Ownership
Sole Proprietor
Parcel Number
04113135030000000C0
Public Survey Township
11S
Tax Annual Amount
30745.99
Tax Block
.
Tax Book Number
486
Tax Legal Description
OCEAN HAMMOCK PARCEL B-3 PARCEL C 2.20 AC (COMMERCIAL) OR 631 PG 486 OR 1498 PG 22 OR 1887/74 OR 1938/1888 OR 1939/1888-CD OR 1944/723 OR 1973/814 OR 2122/1742
Tax Lot
C
Tax Year
2024
Total Annual Fees
9840
Total Monthly Fees
820

Neighborhood & Lifestyle

Community & Association
Association Name
Ocean Hammock POA
Complex Community Name N C C B
OCEAN HAMMOCK
M L S Area Major
32137 - Palm Coast
Subdivision Name
OCEAN HAMMOCK PRCL B-3
Listing provided courtesy of STELLAR via IDX. Updated: Apr 2, 2026, 1:53pm.
Margaret Jones

Listing Agent

PARKSIDE REALTY GROUP

Call Agent
Call