101 Palm Harbor Pky - Apartments CONDO FOR SALE


Palm Coast, FL 32137
$339,000 USD
386-447-6889
101 Palm Harbor Pky, Palm Coast, FL for Sale
$339,000 USD
Apartments CONDO - FOR SALE
1/80
null | Request Cap Rate

101 Palm Harbor Pky
Palm Coast, FL 32137


HIGHLIGHTS

  • Fully renovated in 2023 with new AC, bathroom, and walls for modern appeal.
  • Generates $4,000 monthly rental income from seven versatile treatment rooms.
  • Tenant lease secured through Dec 2025 with strong interest in staying long-term.
  • Only spa-entitled business in European Village with loyal clientele and walkable location.

OVERVIEW

Established Spa Business in European Village Seize this rare chance to own a well-established spa business in the heart of Palm Coast’s vibrant European Village. This unit was completely renovated in 2023 with a newer AC unit, bathroom and walls. Currently generating $4,000 per month in steady rental income from 7 separate rooms (2 rooms are combined, but can be easily separated) massage, hair, nails, eyebrows, etc. rooms. This property comes with a lease secured through Dec 2025. The existing tenant is eager to remain, ensuring continued income for the next investor. This versatile space offers endless possibilities—maintain it as a proven income-generating investment, open your own medical spa, massage studio, or haircare business, or utilize all rooms for your operations. For more than 10 years, this has been the only spa-entitled business in European Village, drawing a loyal client base. Monthly HOA fee of $1,457/month.

FOR SALE DETAILS

PRICE

$339,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

0%

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

European Village

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

207,063 SF

STORIES

4

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

103

LAND DETAILS

LAND ACRES

9.21 AC

LAND SF

401,206 SF

ZONING

C2

APN/PARCEL ID

38-11-31-1915-000A0-1050,38-11-31-1915-000A0-1080,38-11-31-1915-000A0-2030,38-11-31-1915-000A0-2090,38-11-31-1915-000A0-2120,38-11-31-1915-000A0-3040,38-11-31-1915-000A0-3050,38-11-31-1915-000A0-P009,38-11-31-1915-000A0-P031,38-11-31-1915-000B0-1170,38-11-31-1915-000B0-2230,38-11-31-1915-000B0-3130,38-11-31-1915-000B0-4100,38-11-31-1915-000B0-4180,38-11-31-1915-000B0-P050,38-11-31-1915-000B0-P077,38-11-31-1915-000C0-1290,38-11-31-1915-000C0-4270,38-11-31-1915-000C0-P083,38-11-31-1915-000C0-P089,38-11-31-1915-000C0-P100,38-11-31-1915-000C0-P106,38-11-31-1915-000C0-P110,38-11-31-1915-000C0-P114

ASK ABOUT THIS PROPERTY

Steve ThomasTrademark Realty Group of Palm Coast LLCMore Info
386-447-6889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Steve ThomasTrademark Realty Group of Palm Coast LLCMore Info
386-447-6889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.