445 RIVERFRONT DRIVE Palm Coast, FL $ 8,950,000
445 RIVERFRONT DRIVE
$ 8,950,000
New Construction
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445 RIVERFRONT DRIVE

Palm Coast, FL, 32137
$ 8,950,000
Bedrooms-- Baths-- Sq 31,806

Monthly Estimate*

$ 55,836

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Commercial Property for sale in Palm Coast, FL

for $8,950,000. This 31,806 square foot building was built in 2024 on a lot size of 0.7.

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. 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.

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Commercial Active

Price

$ 8,950,000

Property Type

Commercial

Taxes

$ 88,500

Style

Multi Family

Lot Size

0.7

Year Built

2024

Town/City

Palm Coast

County/Region

Flagler

MLS | Web ID

FC311334

Features
General
Sewer Public Sewer
Heating Central Central Individual Electric Heat Pump
Cooling Central Air
Utilities BB/HS Internet Capable Public Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Dryer Microwave Refrigerator Washer
Security Features Fire Alarm Fire Sprinkler System Gated Community Security Gate Security Lights Smoke Detector(s)
Construction Materials Block Concrete Stucco
Year Built 2024
Electric 200+ Amp Service
Levels Three Or More
Property Subtype Multi Family
Tax Year 2024
Ownership Condominium
Accessibility Accessible Approach with Ramp Accessible Common Area Accessible Doors Accessible Elevator Installed Accessible Entrance Accessible Hallway(s)
Additional Parcels Description See legal description
County Flagler
New Construction true
Property Type Commercial Sale
Facing Direction South
Building Features Bathrooms Common Lighting Elevator Extra Storage Kitchen Facility Solid Surface Counter
Other Structures Garage(s)
Status Active
Directions To to Grand Haven North Gate follow Waterside Pkwy make left on Riverfront Dr to property on the Left
City PALM COAST
Number Of Units Total 12
MLS Area 32137 - Palm Coast
Lot Size Units Square Feet
Lot Size Square Feet 30492
Listing Terms Assumable Cash Conventional Trade Lease Option Lease Purchase Owner May Carry
Tax Annual Amount 88500
Property Condition Completed
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/FC311334
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 0
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
Water Access Type Intracoastal Waterway
Water Access Y/N true
Water View Y/N false
Flood Zone Code X
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Interior
Flooring Ceramic Tile
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows ENERGY STAR Qualified Windows Storm Window(s)
Total Baths 0
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Exterior
Vegetation Mature Landscaping
Parking Features 19 to 30 Spaces Common Deeded Ground Level Over 30 Spaces
Lot Features Cul-De-Sac Curb and Gutters Fire Hydrant City Lot Landscaped Near Golf Course
Water Source Public
Lot Size Area 30492
Foundation Details Slab
Number of Buildings 1
Building Area Total 31806
Lot Size Acres 0.7
Road Surface Type Paved Asphalt
Waterfront Y/N false
Number of Separate Water Meters 12
Number of Separate Electric Meters 12
Road Frontage Type Street Paved City Street
Number of Lots 12
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* Excluded Features
List By
3 Dot Realty Llc

Broker

rodolphebrun@3dotrealty.com

Email

Affordability Calculator

$63,211
Per Month
88%
12%
0%
Monthly Principal & Interest
$55,836
Monthly Property Taxes
$7,375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$8,950,000 Listed Price

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445 RIVERFRONT DRIVE, Palm Coast, FL, 32137 is a Commercial Property for sale at $8,950,000 with 31,806 sqft and a lot size of 0.7. 445 RIVERFRONT DRIVE was built in 2024. The property's zip code is 32137 which is in Palm Coast, FL