101 Palm Harbor PARKWAY, #B125, Palm Coast, FL, 32137 | $900,000

This prime restaurant space, situated in the bustling European Village of Palm Coast, Florida, offers an exceptional turnkey opportunity for culinary entrepreneurs. Spanning 3, 140 square feet of air-conditioned interior and an additional 1, 000 square feet of patio space, this establishment can comfortably seat over 150 patrons. The expansive seating capacity qualifies the restaurant to obtain a 4COP SRX license for a full liquor bar, enhancing its beverage offerings.
The kitchen is fully equipped to cater to high-volume service, featuring a walk-in cooler and freezer, two hood systems, an 8-burner stove, two fryers, a double oven, a prep fridge, a steam table, an ice maker, and a commercial dishwasher. Ideal for an establishment looking to provide a variety of beverage options, the location boasts a 12-tab Micromatic beer system and a nitro tank specifically for stouts, complemented by a well-designed bar area with a 4-compartment sink.
The interior of the restaurant is thoughtfully laid out with two bathrooms, ensuring customer convenience, and an office space for administrative duties. Additionally, the ample storage space enhances operational efficiency. This setting, with its infrastructure and strategic location, is perfectly poised to attract a steady flow of patrons from the vibrant surroundings of the European Village.

Features

  • Property Type: Restaurant
  • Construction: Block
  • Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Water Connected
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Year Built: 2005
  • Approx Sq. Feet: 3,140
  • Acreage: 0.02
  • Est. Taxes: $1,228
  • Appliances: Dishwasher, Refrigerator
  • MLS#: FC300586
  • Days on Market: 100 days
  • Website: https://www.raveis.com
    /prop/FC300586/101palmharborparkway_palmcoast_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 6:02:32 PM)
Listing courtesy of COASTAL REALTY PROS LLC   Phone: 386-931-0580

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NMLS Mortgage Loan Originator ID 16953

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101 Palm Harbor PARKWAY, #B125, Palm Coast, FL, 32137

$900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $720,000 $720,000 $720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $102 $102 $102
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,670 $4,610 $6,322
Total Monthly Payment $4,864 $4,804 $6,516

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.