20 Cypress Point Parkway 1, Palm Coast, FL 32164
New Listing
$3,798,000
Property Type:
Commercial Sale
Square Footage:
7,536
Lot Size (sq. ft.):
57,064
Status:
Active
Current Price:
$3,798,000
List Date:
8/11/2026
Last Modified:
8/11/2026
Overview
Description
Supplements:
Listing Details MLS# 1229530
General Property Information
- Building Area Total
- 7536
- Year Built
- 2004
- Lot Size Acres
- 1.31
- Waterfront YN
- No
- Directions
- Located at the corner of Cypress Point Parkway and Belle Terre Parkway, just off I-95 at Palm Coast Parkway,
- Public Remarks
- 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.
Property Features
Lot Features:
Other
Parking Features:
Other
Sale Includes:
Building & Land
Contract Information
- Listing Contract Date
- 2026-08-11
- Property Sub Type
- Office
Location Tax and Legal
- Street Number
- 20
- Street Name
- Cypress Point
- Street Suffix
- Parkway
- County
- Flagler
- State
- FL
- Postal Code
- 32164
- MLS Area Major
- 60 - Palm Coast
Status Change Information
- Major Change Timestamp
- 2026-08-11T13:31:57Z
- Major Change Type
- New Listing
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 07-11-31-7025-000C0-0130
- Tax Annual Amount
- 30424.6
- Tax Year
- 2024
- Tax Legal Description
- SOUTHWEST QUADRANT PHASE III PT LOT 13 DESC AS POB NWLY CRNR LT 13,SAID POINT LYING ON INTERSECTIONOF SLY R/W CYPRESS POINT PKWY & NELY R/W LINE BELLE TERRE PKWY, N 14.2208E ALONG SLY R/W CYPRESS POINT PKWY 41.94', N 60.0118E ALONG SW R/W 333.49', DEPART
- Zoning Description
- Commercial
More Information
Currently Not Used
- Unit Number
- Yes
- Year Built
- 2004
Lot Features
- Other
- Yes
Parking Features
- Other
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: August - 11 - 2026
Information deemed reliable but not guaranteed.