2 ARMAND BEACH DRIVE

$1,318,900

$275/sq ft

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Overview

Year Built

2004

Sqft

4796

Property Type

Office

Property Description

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 is $111,120 with monthly income of $9,260. Income is provided by 4 separate units, the second floor units have vaulted 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.

Property Details

MLS#

FC311754

Total Floor in Bldg

2

Address

2 ARMAND BEACH

City

Palm Coast

State/county

FL

Zip/Postal Code

32137

Area

Armand Beach East Sub

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,937

Maint Fee

$--

Tax Year

2025

Refrigerator

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Boris Gelfand