Property Search/PALM COAST/OCEAN HAMMOCK PRCL B-3

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ActivePrice improved $100,000482 days on market

$4,600,000~~$4,700,000~~

1 HAMMOCK BEACH PKWYPALM COAST, FL 32137OCEAN HAMMOCK PRCL B-3 · Office

25,834Sq ft

2.2 acLot

2003Built

About this home

Fully leased Iconic office building with strong operating history located in the highly coveted Hammock area of Palm Coast. Originally constructed as the sales center for Hammock Beach and Ocean Hammock, the facility is first class. Impressive 5K+ sf lobby has not been allocated among seven tenant's leases as a core factor, so there is an immediate opportunity for additional income over current NOI. Operating numbers for 2025 are actual, and pricing reflects a 7 cap rate. At under $200/sf, this building could not be replicated. The roof was replaced in 2023/24 and all HVAC units are updated a…

Description as provided by the listing brokerage.

Highlights

Brick
Carpet
Ceramic Tile

Open houses

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The details

StatusActive

MLS #MFRFC308281

Property typeOffice

Year built2003

Lot size2.2 ac

Living area25,834 sq ft

Price per sq ft$178

Taxes$30,746 (2024)

Stories2

Days on market482

CountyFlagler

Flood zoneX (verify)

ListedMar 23, 2025

Features & property details

Interior

FlooringBrick, Carpet, Ceramic Tile

AppliancesRefrigerator

WindowsDouble Pane Windows

CoolingCentral Air

HeatingCentral

Exterior & lot

FacesSouth

Road surfaceAsphalt, Paved

Construction

ConstructionBlock, Stucco

FoundationSlab

Building area (sq ft)25,834

Parking

Parking featuresCommon, Lighted, Over 30 Spaces

Pool & water

Waterfront feet0

Dock0

Community & HOA

AssociationOcean Hammock POA

Total monthly fees$820

Total annual fees$9,840

Monthly condo fee$820

Condo fees$9,840

Condo fee termAnnual

DevelopmentOcean Hammock

Complex / communityOCEAN HAMMOCK

Utilities & efficiency

UtilitiesElectricity Available, Phone Available, Water Connected

SewerPublic Sewer

Water sourcePublic

Electric200+ Amp Service

Water conservationIrrigation-Reclaimed Water

Financial & terms

Tax year2,024

Listing termsCash

OwnershipSole Proprietor

Special conditionsNone

ZoningPUD

MLS area32137 - Palm Coast

Where it sits

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Approximate location shown. Exact address available on request per listing brokerage.

Where you'd be

OCEAN HAMMOCK PRCL B-3, Florida

PALM COAST · Flagler County

Homes in PALM COAST

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Listing courtesy of COASTAL GATEWAY REAL ESTATE GR · MLS# MFRFC321789

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Listing courtesy of COASTAL GATEWAY REAL ESTATE GROUP · MLS# MFRFC317064

Stellar MLSMLS# MFRFC308281Listing courtesy of PARKSIDE REALTY GROUPLast updated Sep 5, 2026, 6:38 PM

$4,600,0001 HAMMOCK BEACH PKWY · PALM COAST

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