European Village Penthouse Prime Investment Opportunity Discover a rare investment gem in the heart of the iconic European Villagea 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 rentalscapitalizing 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. Dont 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
- Family Room Level: First
- Living Room Level: First
- Extra Room-1 Description: Inside Utility, Loft
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- 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
- Lot Size Acres: 0.0230257
- 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: Pet Size: Small (16-35 Lbs.), Number Of Pets: 1
School Information
- Elementary School: Old Kings Elementary
- High School: Matanzas High
- Middle School: Indian Trails Middle-FC
Condo Info
- Unit Floor In Building: 4
Rental Info
- Lease Term: Minimum Lease: No Minimum
Amenities and Community Features
- Community Features: Community Mailbox, Restaurant, Sidewalks, Wheelchair Access
Other Property Info
- Annual Tax Amount: 4802.02
- 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 Range: 31
- Public Survey Section: 38
- Subdivision: EUROPEAN VILLAGE
- Township: 11
- Zoning: COM2
- Property Features: Condo Fees: 0 null
- Property Subtype: Condominium
- Source System Name: C2C
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: 20
- Roof: Tile
- Levels or Stories: 2
- Building Total Stories: 2
- Structure Type: Penthouse
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Water Available
- Water Source: Public
Home Features
- Security Features: Smoke Detector(s)
