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Key Details
Sold Price $6,800,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Square Footage 4,305,906 sqft
Price per Sqft $1
Subdivision Not In Subdivision
MLS Listing ID 1092876
Sold Date 01/20/23
Originating Board Daytona Beach Area Association of REALTORS®
Annual Tax Amount $20,762
Lot Size 98.850 Acres
Lot Dimensions 98.85
Property Description
Beautiful lakefront site for a profitable multi-family development in Flagler County, one of the fastest growing counties in America. Two brand new hospitals planned in the immediate area. The parcel is site approved for 256 apartments & includes a 7.08 acre com outparcel or can also add 80 more units. Master Development approval has been completed. The city is excited to embrace and break ground. Palm Coast area is accelerating with newcomers. 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.
Location
State FL
County Flagler
Community Not In Subdivision
Direction Property located at US Hwy 1 N, property is just north of White View Pkwy and just south of Palm Coast Pkwy. On E side.
Exterior
Waterfront Description Lake Front
Others
Senior Community No
Tax ID 22-11-30-5545-00000-0040
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