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Listing provided courtesy of ONE SOTHEBYS INTERNATIONALas Distributed by MLSGrid- MLS# MFRFC311754MLS Provider

2 ARMAND BEACH DRIVEPALM COAST, FL 32137

Commercial · 4,796 Sq. ft. | 0.70 Acres
$1,318,900 Active

2 ARMAND BEACH DRIVE Overview

Time on Site:
327 days
Visits:
2

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.

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2 ARMAND BEACH DRIVE Facts & Features

  • Type Commercial
  • Sq. ft. 4,796
  • Price/Sq.ft. $275
  • Lot 0.70 Acres

Details

General

Income/Expenses

  • Gross Scheduled Income: 107400

Building Information

  • New Construction: No
  • Year Built: 2004

Location/Region

  • Country: US
  • County Or Parish: Flagler
  • MLS Area Major: 32137 - Palm Coast
  • Subdivision Name: ARMAND BEACH EAST SUB
  • Township: 10

Tax Information

  • Tax Annual Amount: 5937.35
  • Tax Year: 2025

General Information

  • Ownership: Partnership
  • Parcel Number: 20-10-31-0300-00020-0230
  • Property Condition: Completed
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: R/C

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 4796
  • Building Area Units: Square Feet

General Information

  • Appliances: Refrigerator
  • Building Features: Bathrooms,Common Lighting,Elevator,Trash Removal
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Flooring: Carpet,Tile
  • Foundation Details: Slab
  • Heating: Central
  • Levels: Two
  • Living Area: 4796
  • Living Area Units: Square Feet
  • Stories Total: 2
  • Window Features: Aluminum Frames

Exterior

Parking Information

  • Parking Features: Parking Spaces - 13 to 18

Lot Information

  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.7
  • Lot Size Square Feet: 30618
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Vegetation: Trees/Landscaped
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Stucco,Frame
  • Direction Faces: East
  • Roof: Tile

General Information

  • Number Of Units Total: 4
  • Road Frontage Type: County Road
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Water Connected

2 ARMAND BEACH DRIVE Neighborhood

Community

32137 (PALM COAST) Demographics

55
Median Age
685
Population Density (per sq. mile)
39%
College Educated
$65,573
Estimated Median Income
14,741
Estimated Total Home Owners
2,827
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2 ARMAND BEACH DRIVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2 ARMAND BEACH DRIVE Market Data

Based on the last 30 days in this zip code

$648,674
Average List Price
$308
Average Price per Square Foot
187
Properties Sold
124
Average Days on Market
1,202
Properties for Sale
Calculations provided by Reliance Network

2 ARMAND BEACH DRIVE History

Date Event Value Agent
8/6/2025Source: My Florida Regional MLS Added to Database
August 06, 2025