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.
31,806 Sq Ft
0.7 Private Acres Lot Size
Commercial
$88,500 Annual Tax
Built in 2024
MLS/Listing ID FC311334
3 Stories
12 Units
Parking - Deeded
Parking - Common
Parking - 19 to 30 Spaces
Lot - Near Golf Course
Cooling - Central Air
Ceramic Tile
Slab
Heating - Central Individual
Accessible Approach with Ramp
Accessible Common Area
Accessible Doors
Accessible Elevator Installed
Accessible Entrance
Parking - Ground Level
Parking - Over 30 Spaces
Shingle
Double Pane Windows
ENERGY STAR-qualified Windows
Storm Windows
Accessible Hallway(s)
Dishwasher
Dryer
Microwave
Refrigerator
Washer
Construction - Block
Construction - Concrete
Construction - Stucco
Heating - Electric
Heating - Heat Pump
Lot - Cul-de-sac
Lot - Curbs
Lot - Fire Hydrant
Lot - City Lot
Lot - Landscaped

TOTAL MONTHLY COST
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