Residential Property - Condominium in Palm Coast
Listing Price: $399,900 (Mortgage Calculator →)
Description of Property
European Village Penthouse – Prime Investment Opportunity Discover a rare investment gem in the heart of the iconic European Village—a premier destination beloved by both locals and tourists alike. This expansive Penthouse offering boasts 2,500 square feet of tiled living space, seamlessly blending charm, functionality, and income-generating potential. Comprised of multiple rental units, this penthouse features:4 kitchens each with their own stovetop, 4 refrigerators, 1 set of a washer & dryer. All-tile flooring throughout. Two spacious balconies plus a charming Juliet balcony. This is an ideal property for the savvy investor. Current market rent ranges from $1,200–$1,500 per unit, with flexibility for Airbnb and short-term rentals—capitalizing on the steady stream of visitors drawn to the area. The European Village is a vibrant hub known for its weekly Sunday Farmers Market, live music on weekends, and seasonal events that drive strong foot traffic year-round. Whether you're looking to build passive income or operate a boutique short-term rental, this property offers the perfect mix of location, layout, and lifestyle appeal. Don’t miss this opportunity to own a high-performing asset in one of the most desirable and dynamic destinations around.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Palm Coast
County: Flagler
Subdivision: European Village
Bedrooms: 4
Bathrooms: 4
Sq. Ft. Gross: 2,500
Sq. Ft. Living Area: 2,500
Cost per (heated) sqare foot: $160
Year built: 2005
Annual Tax: $4,802
HOA Fee: $1,860 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Maintenance Grounds
Appliances: Washer
Additional Rooms: Loft
Flooring: Tile
Schools
Elementary School: Old Kings Elementary
Middle/Junior High School: Indian Trails Middle-FC
High School: Matanzas High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Block
Roof: Tile
Exterior Features: Private Mailbox
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features: Smoke Detector(s)
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Wheelchair Access
Association Amenities: Wheelchair Access
Lot Information
Lot Size (acres): 0.02
Lot Size (sq. ft.): 1,003 square feet
Front Exposure: Northeast
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 3811311915000A04030
Zoning: COM2
Pets Allowed/Pet Policies: Size Limit
Tax Legal Desc.: RESIDENCES AT EUROPEAN VILLAGE CONDOMINIUM BLDG A UNIT 403 & UNDIVIDED INTEREST IN COMMON ELEMENTS OR 1356 PG 603 OR 1806/1468 OR 1806/1956 OR 1928/1183 OR 1943/1964 OR 1967/1275-CD OR 2028/1753
Section: 38
Range: 31
Listing courtesy of TRADEMARK REALTY GROUP LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.