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445 Riverfront Dr, Palm Coast, Florida 32137

  • $8,950,000
445 RIVERFRONT DRIVE, Palm Coast, FL 32137
Expired For Sale Completed
445 Riverfront Dr, Palm Coast, Florida 32137
445 RIVERFRONT DRIVE, Palm Coast, FL 32137
  • $8,950,000

Overview

Property ID: HZFC311334
  • Multi Family, Commercial Sale
  • Property Type
  • 31806
  • Sqft
  • 2024
  • Year Built

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. 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.

  • Address 445 RIVERFRONT DRIVE
  • City Palm Coast
  • State/county FL
  • Zip/Postal Code 32137
  • Country US

Details

Updated on January 1, 2026 at 6:16 am
  • Property ID: HZFC311334
  • Price: $8,950,000
  • Property Size: 31806 Sqft
  • Land Area: 0.7 Acres
  • Year Built: 2024
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Expired, For Sale

Additional details

  • Listing Terms: Assumable, Cash, Conventional, Trade, Lease Option, Lease Purchase, Owner Financing
  • Roof: Shingle
  • Utilities: BB/HS Internet Capable, Public, Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Flooring: Ceramic Tile
  • County: Flagler
  • Property Type: Commercial Sale
  • Parking: Parking Spaces - 19 to 30, Common, Deeded, Ground Level, Over 30 Spaces

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