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 Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Level: Second
- Bedroom 2 Level: Second
Other Rooms
- Total Rooms: 8
- Utility Room Level: First
- Family Room Level: First
- Living Room Level: First
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Primary Bathroom Level: Second
- Bathroom 2 Level: First
Interior Features
- Cathedral Ceiling(s)
- Elevator
- High Ceilings
- Kitchen/Family Room Combo
- Open Floorplan
- PrimaryBedroom Upstairs
- Thermostat
- Walk-In Closet(s)
- Furnished Description: Unfurnished
- Flooring: Tile
Appliances
- Cooktop
- Dryer
- Refrigerator
- Washer
- Laundry Features: Inside
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Electric
Kitchen and Dining
Exterior and Lot Features
- Courtyard
- Lighting
- Private Mailbox
- Road Surface Type: Asphalt
Land Info
- Additional Parcels: No
- Lot Size Acres: 0.02
- Lot Size Square Feet: 1003
Homeowners Association
- Association: Yes
- Association Amenities: Wheelchair Access
- Association Fee: 1860
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Internet, Maintenance Structure, Maintenance Grounds
- Calculated Total Monthly Association Fees: 1860
- Association Name: May Management
- Association Phone: 3864460085
- Pets Allowed: Number Limit, Size Limit
- Pet Description: Small (16-35 Lbs.)
School Information
- Elementary School: Old Kings Elementary
- High School: Matanzas High
- Middle School: Indian Trails Middle-FC
Condo Info
- Unit Floor In Building: 4
Amenities and Community Features
- Wheelchair Access
- Community Features: Community Mailbox, Restaurant, Sidewalks, Wheelchair Access
Rental Info
- Lease Term: Minimum Lease: No Minimum
Other Property Info
- Annual Tax Amount: 4802
- Tax Block: x
- Source Listing Status: Active
- County: Flagler
- Directions: Palm Coast Pkwy to Palm Harbor Pkwy to European Village
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32137 - Palm Coast
- List Development Name: European Village
- Property Subtype: condo
- Source Neighborhood: EUROPEAN VILLAGE
- Parcel Number: 38-11-31-1915-000A0-4030
- Public Survey Section: 38
- Subdivision: EUROPEAN VILLAGE
- Township: 11
- Zoning: COM2
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 2500
- Year Built: 2005
- Building Area Source: Public Records
- Building Area Total: 2500
- Building Name: A403
- Construction Materials: Block
- Direction Faces: Northeast
- Foundation Details: Block
- Levels: Two
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 21
- Roof: Tile
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Penthouse
- Total Area Sqft: 2500
- Elevator: Yes
- Vaulted Ceiling: Yes
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Water Available
- Water Source: Public
Home Features
- Security Features: Smoke Detector(s)
