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4800 US HIGHWAY 1 N Bunnell, FL 32110
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Key Details
Sold Price $6,800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not Assigned
MLS Listing ID FC273430
Sold Date 01/20/23
HOA Y/N No
Originating Board Flagler
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. Golden opportunity in a fast growing area. Land development projects like this will not last long. Water and sewer currently in process. Engineers have started design plans for approval water expected to site mid 2022
Location
State FL
County Flagler
Community Not Assigned
Zoning MFR-2 LAND USE CODE,COMME
Direction N
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, Compact Soil, Conservation Area, Interior Lot, Irregular Lot, Other, Wetlands, Wooded
Lot Size Range 50 to less than 100
Sewer Public Sewer
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with PALM WAVE REALTY
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