Property

PALM COAST, FL 32137 15 HARGROVE LANE #5L

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Presented By: DALTON WADE INC with 888-668-8283. - 888-668-8283
  • MLS# FC313581
  • 10/21/2025
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  • SQFT • 1,000

Home Details

Imagine the possibilities: perfect for a growing small business, an owner-user looking for a permanent home, or a savvy investor seeking excellent rental income potential. Benefit from assigned parking and the vibrant business community around you, including auto mechanics, screened enclosure installers, painters, HVAC companies, pool supply businesses, and bakers. Don't miss this rare opportunity to secure a low-maintenance, income-producing asset in a well-maintained complex. This is more than just a property; it's a strategic investment in your business's success. Located in the heart of Palm Coast's thriving commercial corridor, this light industrial unit offers the ideal blend of functionality and location. This is a real estate listing for the sale of two commercial units, 5K and 5L, located in Palm Coast, Florida. The seller is offering both units together for a total of $430,000. The units combined highlight 2,000 square foot space, plus a dedicated 400 sq. ft. office with 2 private bathroom, 12 foot overhead door for a seamless access and new wall A/C ! It is presented as a low-maintenance, income-producing property with a monthly HOA fee of $315 per unit and an average rental income of $1,500 per unit. The listing emphasizes the property's prime location within the commercial and industrial corridor of Palm Coast. Property details: Two units (5K and 5L) combined for a total of 2,000 sq ft Asking price: $430,000 Monthly HOA fee: $315 per unit ($941 quarterly) Average rental income: $1,500 per unit Location: Palm Coast, Florida, within a commercial and industrial corridor Assigned Parking: Convenient assigned parking spaces are included. Established Location: Situated in a well-maintained complex, the property offers excellent visibility and access to major roadways. Thriving Network: Join a community of established businesses, including mechanics, painters, and HVAC companies, for valuable networking opportunities. Low Fees: The monthly HOA fee is $315 per unit, making it a cost-effective investment. Versatile Space: The combined 2,000 sq. ft. offers flexibility for a wide range of business uses, including a combination of office, shop, and storage space. Functional Layout: The units include a total of 1,600 sq. ft. of shop area and 400 sq. ft. of office space, which features private bathrooms and a new wall A/C unit in one office. Easy Access: A 12-foot overhead door provides simple access for deliveries, equipment, and vehicles. Income Potential: This low-maintenance property has strong rental income potential, with an average rental income of $1,500 per unit. Assigned Parking: Convenient assigned parking spaces are included.
Presented By: DALTON WADE INC with 888-668-8283. - 888-668-8283

Interior Features for 15 HARGROVE LANE #5L

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes

General for 15 HARGROVE LANE #5L

Additional Parcels Y/NNo
Association Namewatson association management
Building Area Unitssquare feet
Citypalm coast
Community Featuressidewalks
Construction Materialsmetal frame, metal siding
Coolingwall/window unit(s)
Countyflagler
Directionsfrom us-1 north, turn left onto hargrove grade. turn left onto hargrove lane. the complex is at the end of the cul-de-sac on hargrove lane. after entering the complex, your building will be the seco
Flood Zone Codex
Flood Zone Code XY
HOAYes
Legal Descriptionpalm coast commercial & industrial center condo phase 1 unit 5l & undivided interest in common elemnets or 1548/702 or 1862/1949 or 1883/622 or 2159/517
Listing Termscash, conventional, fha, other
Living Area Unitssquare feet
Lot Size Square Feet1000
Lot Size Unitssquare feet
MLS Area32137 - palm coast
Monthly Condo Fee Amount300
New ConstructionNo
Ownershipcondominium
Pets Allowedno
Property Subtypeoffice
Property Typecommercial sale
Standard Statusactive
Statusactive
Subdivision Namepalm coast coml & indl cente
Tax Annual Amount2077
Tax Lot0
Tax Year2024
Unit Number5l
Water Access Y/NNo
Water View Y/NNo
Year Built2006
Zoningind-2

Exterior for 15 HARGROVE LANE #5L

Building Area Total1000
Foundation Detailsslab
Lot Size Acres0.02
Lot Size Area1000
Number of Buildings1
Road Frontage Typebusiness district, city street
Road Surface Typeasphalt
Waterfront Y/NNo

Additional Details

Price History

Desiree Carlson

REALTOR®
Price $189,000
MLS#FC313581
List Date 10/21/2025
Property Type Commercial
Phone 541.743.1985
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