Listing provided courtesy of REALTY EXCHANGE, LLCas Distributed by MLSGrid- MLS# MFRFC314413MLS Provider

5062 N OCEAN SHORE BOULEVARDPALM COAST, FL 32137

Commercial · 2,000 Sq. ft. | 0.89 Acres
$950,000 Active

5062 N OCEAN SHORE BOULEVARD Overview

Time on Site:
211 days
Visits:
2

Exceptional opportunity to establish a restaurant or commercial venture on almost 1 acre of land with excellent visibility and frontage directly on A1A in the Hammock. The property offers 2,000 sq ft of existing enclosed building space and a total of 2,138 sq ft under roof. Foam insulation provides enhanced energy efficiency and improved climate control throughout. The site is approved for restaurant use and includes 38 parking spaces, including 2 handicapped-accessible spaces, ensuring convenient access for customers and staff. A valuable on-site asset is the 30' x 30' two-bay metal building with 2-10 ft doors, ideal for storage, equipment, or operational support. Additional property improvements include a 2-year-old AC system and a roof approximately 10 years old, providing reliable systems and reduced maintenance needs. With prime A1A frontage, strong traffic visibility, ample parking, and key commercial approvals in place, this property represents an outstanding opportunity for restaurant operators, investors, or commercial developers seeking a strategic and versatile coastal location.

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5062 N OCEAN SHORE BOULEVARD Facts & Features

  • Type Commercial
  • Sq. ft. 2,000
  • Price/Sq.ft. $475
  • Lot 0.89 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1968

Location/Region

  • Country: US
  • County Or Parish: Flagler
  • MLS Area Major: 32137 - Palm Coast
  • Subdivision Name: PROPERTY APPRAISERS SUB #179
  • Township: 10S

Tax Information

  • Tax Annual Amount: 7821.24
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 40-10-31-5135-00010-0100
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: RC

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2138
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Refrigerator
  • Cooling: Central Air
  • Foundation Details: Slab
  • Living Area: 2000
  • Living Area Source: Owner
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Parking Features: Parking Spaces - 19 to 30

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.89
  • Lot Size Dimensions: 125x305
  • Lot Size Square Feet: 38835
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Direction Faces: East

General Information

  • Other Structures: Garage(s),Storage,Workshop
  • Road Frontage Type: City Street,Highway

5062 N OCEAN SHORE BOULEVARD Neighborhood

Community

32137 (PALM COAST) Demographics

55
Median Age
685
Population Density (per sq. mile)
39%
College Educated
$65,573
Estimated Median Income
14,741
Estimated Total Home Owners
2,827
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5062 N OCEAN SHORE BOULEVARD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5062 N OCEAN SHORE BOULEVARD Market Data

Based on the last 30 days in this zip code

$650,419
Average List Price
$309
Average Price per Square Foot
204
Properties Sold
123
Average Days on Market
1,195
Properties for Sale
Calculations provided by Reliance Network

5062 N OCEAN SHORE BOULEVARD History

Date Event Value Agent
4/15/2026Source: My Florida Regional MLS Price Reduction
$950,000 -3.5%
3/3/2026Source: My Florida Regional MLS Price Reduction
$984,000 -1.0%
2/3/2026Source: My Florida Regional MLS Price Reduction
$994,000 -0.1%
12/29/2025Source: My Florida Regional MLS Price Reduction
$995,000 -0.5%
12/1/2025Source: My Florida Regional MLS Added to Database
December 01, 2025
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022