$3,250,000
$3,900,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/08/2021
Key Details
Sold Price $3,250,000
Property Type Vacant Land
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Not Assigned
MLS Listing ID FC262650
Sold Date 09/08/21
HOA Y/N No
Originating Board Flagler
Annual Tax Amount $17,999
Property Description
Beautiful lakefront site for a profitable multi-family development in Flagler County, one of the fastest growing counties in America. Perfect for the investor- this parcel is site approved for 256 apartments and includes a 7.08 acre commercial outparcel. Master Development approval to develop has been completed. The city is excited to embrace the project and break ground. The Palm Coast area is accelerating with newcomers for multiple opportunities being presented in the county. There is an increased demand for housing, especially apartments. This property is in close proximity to historic St. Augustine and is a quick 15 minute drive to the Ocean. World famous Daytona Beach is a short drive South. This beautiful parcel is also in very close proximity to great shopping and popular restaurants in Palm Coast. Golden opportunity in a fast growing area. Land development projects like this will not last long.
Location
State FL
County Flagler
Community Not Assigned
Zoning MFR-2 LAND USE CODE,MULTI
Exterior
Utilities Available Cable Available, Sewer Available, Water Available
Waterfront Description Lake
View Y/N 1
Water Access 1
View Water
Building
Lot Description Cleared, Conservation Area, Interior Lot, Irregular Lot, Other, Wooded
Lot Size Range 50 to less than 100
Sewer Public Sewer
Water Public
Others
Senior Community No
Acceptable Financing Cash, Special Funding
Listing Terms Cash, Special Funding
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Bought with Palm Wave Realty