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445 RIVERFRONT DRIVE, PALM COAST, FL 32137
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$8,950,000
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Home Details for 445 RIVERFRONT DRIVE
Price
$8,950,000
Type
Commercial/Industrial
Year Build
2024
Sq. Ft.
31806
Lot Size
0.7
County
Flagler
Tax
$88,500
MLS®️ Listing#
FC311334
On exitrealty.com
149 days
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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- 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
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-07-22 23:30:24
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$8,950,000
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