FL
Flagler
PALM COAST
32137
445 RIVERFRONT DRIVE
445 RIVERFRONT DRIVE, PALM COAST, FL 32137
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Listing Type
Commercial/Industrial
Listing Status
active
51
$8,950,000

Home Details for 445 RIVERFRONT DRIVE

Price
$8,950,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
31806
Year built
2024
Lot size acres
0.7
County
Flagler
Garage
Days on site
62
MLS Listing#
FC311334
Property Description

We 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 Florida’s 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 Coast’s Riverfront district. 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.

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Property Features
  • Heating Information
    • Central
    • Electric
    • Heat Pump
  • Parking
    • Common
    • Deeded
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • House Interior
    • Elevator
  • Utilities
    • Water Connected
Listing Courtesy: 3 DOT REALTY LLC - 386-313-6154
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Last Updated: 2025-07-22 23:30:24
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Market statistics compiled from data from Stellar MLS.
EXIT KING REALTY
1800 S. Tamiami Trail, Venice, FL 34293
Chet Hockett
License #: 3552572
Sales Representative
Office
941 497 6060
Agent
941 599 1042
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