Save
Ask
Tour
Hide
Share
$8,950,000
3 Days On Site

445 RIVERFRONT DRIVE
PALM COAST, FL 32137

For Sale|Multi Family|Active
0
Beds
0
Total Baths
31,806
SqFt
$281
/SqFt
2024
Built
County:
Flagler

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

445 RIVERFRONT DRIVE445 RIVERFRONT DRIVE445 RIVERFRONT DRIVE445 RIVERFRONT DRIVE
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$8,950,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
31,806 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.7 Acres
Year Built 
2024
MLS® Number 
FC311334
Status 
Active
Property Tax 
$88,500
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.7
Direction Faces 
South
Foundation 
Slab
Number Of Stories 
3
Parking 
CommonDeeded
Property Condition 
New Construction
Property Sub Type 
Multi Family
Security 
Fire AlarmFire Sprinkler SystemGated CommunitySecured Garage/ParkingSecurity GateSecurity LightsSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
31806
Stories 
Three Or More
Utilities 
Water Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerMicrowaveRefrigeratorWasher
Cooling 
Central Air
Electric 
200+ Amp Service
Flooring 
Ceramic Tile
Heating 
CentralElectricHeat Pump
Interior 
Elevator
Window Features 
Double Pane WindowsENERGY STAR Qualified WindowsStorm Window(s)
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
BlockConcreteStucco
Lot Features 
Cul-De-SacLandscapedNear Golf CoursePaved
Other Structures 
Garage(s)
Road Frontage 
City Street
Roof 
Shingle
Windows/Doors 
Double Pane WindowsENERGY STAR Qualified WindowsStorm Window(s)
Community Features
Accessibility Features 
Accessible EntranceAccessible Approach with RampAccessible Common AreaAccessible DoorsAccessible Elevator InstalledAccessible Hallway(s)
Community Features 
Gated
Financing Terms Available 
AssumableCashConventionalTradeLease OptionLease Purchase
MLS Area 
32137 - Palm Coast
Roads 
Asphalt
Township 
0
Listing courtesy of 3 DOT REALTY LLC 3862350670



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-07-26 07:16 AM EDT

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share