For SaleOfficeActive
20 Cypress Point Parkway
Palm Coast, FL 32164
$3,798,000
90 Days On Site
- 7,536Sq Ft
- $504Per Sq Ft
- 1.31Acres
- 2004Built
- County
- Flagler
- MLS®
- 1229530
Overview
7,536 SF Medical Office Space - Leased to Humana's Conviva Care Center. Underwent a complete renovation in 2024, including new metal roof, plumbing, electrical, HVAC and sprinkler systems, with tenant improvements estimated at over $400/SF. Located in one of Flagler County's most established commercial corridors, at the SW quadrant of I-95 and Palm Coast Parkway. Humana's Conviva Care Center is an investment-grade healthcare tenant serving primarily patients aged 55 and older - a demographic that supports steady, recession-resistant demand. The lease is structured as NNN and professionally managed by a third-party, offering a passive ownership structure with built-in annual rent escalations of 2% across the initial term and renewal options. 7,536 SF medical office leased to Humana Conviva Care Center Fully renovated in 2024 with significant capital improvements Prime location at I-95 & Palm Coast Parkway Investment-grade healthcare tenant serving the 55+ population NNN lease with 2% annual rent increases
Listing Snapshot
- Price
- $3,798,000
- Days On Site
- 90 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 7,536 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 1.31 Acres
- Year Built
- 2004
- MLS® Number
- 1229530
- Status
- Active
- Property Tax
- $30,424.6 (2024)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
5 items
- Acres
- 1.31
- Parking
- Other
- Property Sub Type
- Office
- SqFt Total
- 7,536
- Zoning
- Commercial
Exterior Features
1 item
- Lot Features
- Other
Community Features
1 item
- MLS Area
- 60 - Palm Coast
Location
20 Cypress Point Parkway, Palm Coast, FL 32164 · 60 - Palm Coast
Neighborhood & Commute
ZIP Code 32164
- Median household income
- $66,395
- Income per person
- $35,727
- Households
- 21,302
- Average household size
- 2.58
- Median age
- 48.8
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Listing first seen on site
- Status changed to Active











