PALM COAST, FL 32137 445 RIVERFRONT DRIVE

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Presented By: 3 DOT REALTY LLC with 386-313-6154. - 386-235-0670
  • MLS# FC311334
  • 07/22/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 31,806

Home Details

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.
Presented By: 3 DOT REALTY LLC with 386-313-6154. - 386-235-0670

Interior Features for 445 RIVERFRONT DRIVE

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourceappraiser
Air Conditioning Y/NYes
Flooringceramic tile
Heating Y/NYes
Total Stories3
Window Featuresdouble pane windows, energy star qualified windows, storm window(s)

General for 445 RIVERFRONT DRIVE

Accessibilityaccessible approach with ramp, accessible common area, accessible doors, accessible elevator installed, accessible entrance, accessible hallway(s)
Additional Parcels Descriptionsee legal description
Additional Parcels Y/NYes
Appliancesdishwasher, dryer, microwave, refrigerator, washer
Building Area Unitssquare feet
Building Featuresbathrooms, common lighting, elevator, extra storage, kitchen facility, solid surface counter
Citypalm coast
Construction Materialsblock, concrete, stucco
Coolingcentral air
Countyflagler
Directionsto to grand haven north gate, follow waterside pkwy, make left on riverfront dr to property on the left
Electric200+ amp service
Facing Directionsouth
Flood Zone Codex
Flood Zone Code XY
HOANo
Heatingcentral, central individual, electric, heat pump
Legal Description22-11-31-3995-00c10-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
Levelsthree or more
Listing Termsassumable, cash, conventional, trade, lease option, lease purchase, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet30492
Lot Size Unitssquare feet
MLS Area32137 - palm coast
ModificationTimestamp2025-09-03t22:34:18.527z
New ConstructionYes
Number Of Units Total12
Occupancy Typevacant
Other Structuresgarage(s)
Ownershipcondominium
Possessionclose of escrow
Property Conditioncompleted
Property Subtypemulti family
Property Typecommercial sale
Roofshingle
Security Featuresfire alarm, fire sprinkler system, gated community, security gate, security lights, smoke detector(s)
Sewerpublic sewer
Standard Statusactive
Statusactive
Tax Annual Amount88500
Tax Lot0
Tax Year2024
Utilitiesbb/hs internet capable, public, water connected
Virtual TourClick here
Water Access Typeintracoastal waterway
Water Access Y/NYes
Water View Y/NNo
Year Built2024

Exterior for 445 RIVERFRONT DRIVE

Building Area Total31806
Foundation Detailsslab
Lot Featurescul-de-sac, curb and gutters, fire hydrant, city lot, landscaped, near golf course
Lot Size Acres0.7
Lot Size Area30492
Number of Buildings1
Number of Lots12
Number of Separate Electric Meters12
Number of Separate Water Meters12
Parking Features19 to 30 spaces, common, deeded, ground level, over 30 spaces
Road Frontage Typestreet paved, city street
Road Surface Typepaved, asphalt
Vegetationmature landscaping
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $8,950,000
MLS#FC311334
List Date 07/22/2025
Property Type Commercial
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