$3,185,000
Palm Coast, FL 32137
MLS# 2132106
2 baths
1 / 13
Property Description
Well-maintained *6-unit office/medical building* totaling approximately **11,500 square feet**. This single-story property features a functional layout ideal for medical, healthcare, or professional office users. Five units are currently tenant-occupied by established long-term tenants, providing stable and consistent in-place income. One unit is vacant, creating an excellent opportunity for an owner-user or for additional lease-up to increase cash flow. Strong upside potential through rent growth and full stabilization. Ideal for investors seeking steady income with value-add potential or professionals looking to occupy space while benefiting from rental revenue.
Details
Maps
Contract Information
Current Price: $3,185,000
List Price: $3,185,000
Status: Active
Listing Contract Date: 2026-02-23
Property Sub Type: Office
Location Tax and Legal
Street Number: 33
Street Name: OLD KINGS
Street Suffix: Road
Street Direction Suffix: N
County: Flagler
State: FL
Postal Code: 32137
MLS Area Major: 601-Flagler County-North Central
General Property Information
Number Of Units Total: 1
Bathrooms Total: 2
Building Area Total: 11859
Building Area Source: Public Records
Year Built: 1995
Lot Size Acres: 1.77
Land Lease YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 1
Directions: Exit I-95 Palm Coast Pkwy then North on Old Kings Rd. Property to the Left.
Public Remarks: Well-maintained *6-unit office/medical building* totaling approximately **11,500 square feet**. This single-story property features a functional layout ideal for medical, healthcare, or professional office users. Five units are currently tenant-occupied by established long-term tenants, providing stable and consistent in-place income.
One unit is vacant, creating an excellent opportunity for an owner-user or for additional lease-up to increase cash flow. Strong upside potential through rent growth and full stabilization. Ideal for investors seeking steady income with value-add potential or professionals looking to occupy space while benefiting from rental revenue.
List Price/SqFt: 268.57
Status Change Information
Major Change Timestamp: 2026-02-26T19:15:26Z
Major Change Type: New Listing
Unit 1 Details
Unit ID: 1
Annual Rent: 10
Unit SqFt: 11859
# Units (This Type): 1
Baths Total: 8
Furnished: Partially
Unit Remarks: occupied
Property Features
Building Features: Medical; Office
Business Type: Medical; Professional/Office
Ceiling Type: Drywall
Construction Materials: Brick
Cooling: Central Air; Electric
Current Use: Commercial
Existing Lease Type: NNN
Flooring: Carpet; Laminate; Tile
Heating: Central; Electric
Lot Features: Many Trees
Owner Pays: Insurance; Management; Roof Maintenance; Trash Collection
Parking Features: Parking Lot
Possession: Close Of Escrow
Road Frontage Type: City Street
Roof: Shingle
Sale Includes: Building & Land
Security Features: 24 Hour Security; Security Lights
Sewer: Public Sewer
Tenant Pays: Electricity; HVAC Maintenance; Janitorial Service; Sewer; Water
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
Last Updated: April - 23 - 2026
Information deemed reliable but not guaranteed.