About 1 Armand Beach Drive
1 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 3,615 sf in a coastal, high-demand market with strong tenant interest and limited professional office inventory. Gross Rent Potential is estimated at $72,160 with monthly income of $6,013. 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 and Hammock Dunes with the future Ritz Carlton Residence. There is a limited inventory of quality office space in this submarket that makes this an attractive investment. 2 Armand Beach is also available for sale. Contact agent for showings and financial information.
Features of 1 Armand Beach Drive
| MLS® # | FC311730 |
|---|---|
| Price | $994,125 |
| Square Footage | 3,615 |
| Acres | 0.37 |
| Year Built | 2003 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Listing Details
| Office | ONE SOTHEBYS INTERNATIONAL |
|---|
Listing Map
Neighborhood Information for 1 Armand Beach Drive
Low Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Christ The King Lutheran Church And School Private - Preschool to 8Th Grade - Closest Elementry School |
1 Miles | |
|
Matanzas High School Public - 9Th Grade to 12Th Grade - Closest High School |
2 Miles | |
|
|
Palm Harbor Academy Public - Preschool to 6Th Grade |
4 Miles | |
|
Belle Terre Elementary School Public - Preschool to 6Th Grade |
4 Miles | |
|
|
Indian Trails Middle School Public - 7Th Grade to 8Th Grade - Closest Middle School |
4 Miles | |
|
|
Florida Autism Center - Palm Coast Private - to |
5 Miles | |
|
|
St Elizabeth Ann Seton Catholic School Catholic - Preschool to 8Th Grade |
5 Miles |
School data provided by GreatSchools