445 Riverfront Drive, PALM COAST, FL 32137
					
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- MLS#: FC311334 ( Commercial Sale )
 - Street Address: 445 Riverfront Drive
 - Viewed: 134
 - Price: $8,950,000
 - Price sqft: $281
 - Waterfront: No
 - Year Built: 2024
 - Bldg sqft: 31806
 - Days On Market: 104
 
- Additional Information
 - Geolocation: 29.5396 / -81.1643
 - County: FLAGLER
 - City: PALM COAST
 - Zipcode: 32137
 - Provided by: 3 DOT REALTY LLC
 - Contact: Rodolphe Brun
 - 386-313-6154
 
- DMCA Notice
 - 
DescriptionWe are pleased to present an exceptional opportunity to acquire 445 Riverfront Drive, a newly constructed, luxurious condominium building located in the highly desirable Riverfront district of Palm Coast, Florida. This offering includes the entire building of 12 impeccably designed and finished luxury condominiums, each offering premium living in one of Floridas fastest growing coastal markets. For the savvy investor, this asset presents not only strong income potential through rentals, but also a compelling opportunity to realize substantial profits by selling the units individually. With average market rents already demonstrating strong cash flow, the resale value of each unit given their luxury finishes, modern amenities, and prime waterfront location offers significant upside. Capitalize on the flexibility to hold as a fully leased income property or strategically exit through high margin unit by unit sales, taking advantage of robust buyer demand for quality residences in Palm Coasts Riverfront district. Please note that the seller will accept cryptocurrency as a form of payment for this exceptional property. Further enhancing the investment value, buyers can utilize cost segregation strategies to potentially offset up to 50% of the purchase price through accelerated depreciation. This powerful tax benefit allows investors to dramatically improve after tax cash flow in the early years of ownership, making 445 Riverfront Drive not just a premier real estate asset, but a highly strategic wealth building vehicle.
 
Property Location and Similar Properties
									  
			  					Features
Accessibility Features
- Accessible Approach with Ramp
 - Accessible Common Area
 - Accessible Doors
 - Accessible Elevator Installed
 - Accessible Entrance
 - Accessible Hallway(s)
 
Appliances
- Dishwasher
 - Dryer
 - Microwave
 - Refrigerator
 - Washer
 
Home Owners Association Fee
- 0.00
 
Carport Spaces
- 0.00
 
Close Date
- 0000-00-00
 
Cooling
- Central Air
 
Country
- US
 
Covered Spaces
- 0.00
 
Electric
- 200+ Amp Service
 
Flooring
- Ceramic Tile
 
Garage Spaces
- 0.00
 
Heating
- Central
 - Electric
 - Heat Pump
 
Insurance Expense
- 0.00
 
Legal Description
- 22-11-31-3995-00C10-B101
 - 22-11-31-3995-00C10-B102
 - 22-11-31-3995-00C10-B103
 - 22-11-31-3995-00C10-B104
 - 22-11-31-3995-00C10-B201
 - 22-11-31-3995-00C10-B202
 - 22-11-31-3995-00C10-B203
 - 22-11-31-3995-00C10-B204
 - 22-11-31-3995-00C10-B301
 - 22-11-31-3995-00C10-B302
 - 22-11-31-3995-00C10-B303
 - 22-11-31-3995-00C10-B304
 
Levels
- Three Or More
 
Living Area
- 31806.00
 
Lot Features
- Cul-De-Sac
 - Curb and Gutters
 - Fire Hydrant
 - City Limits
 - Landscaped
 - Near Golf Course
 - Paved
 
Area Major
- 32137 - Palm Coast
 
Net Operating Income
- 0.00
 
New Construction Yes / No
- Yes
 
Occupant Type
- Vacant
 
Open Parking Spaces
- 0.00
 
Other Expense
- 0.00
 
Other Structures
- Garage(s)
 
Parcel Number
- 22-11-31-3995-00C10-B101
 
Parking Features
- Parking Spaces - 19 to 30
 - Common
 - Deeded
 - Ground Level
 - Over 30 Spaces
 
Possession
- Close Of Escrow
 
Property Condition
- Completed
 
Property Type
- Commercial Sale
 
Road Frontage Type
- City Street
 
Roof
- Shingle
 
Sewer
- Public Sewer
 
Tax Year
- 2024
 
Utilities
- BB/HS Internet Capable
 - Public
 - Water Connected
 
Views
- 134
 
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/FC311334
 
Water Source
- Public
 
Year Built
- 2024
 




















































