Flagler Pointe - 96 Unit Shovel Ready Site

Vacant Land for Sale
Catylist Listing ID: 29706638
Property Subtypes: Multi-Family
Gross Land Area: 10.20 Acres
Sale Price: $1,295,000
Unit Price: $126,960 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2019

Overview / Comments

96 Units - Site Plan approved by the City of Palm Coast for either apartments or condominiums.
6 Two-Story Buildings with 16 units in each building.
Units designed for 2 bedroom, 2 bathroom, with laundry room and enclosed patio.
Minimum of 1,300 SF living plus patio area.
Building design can be changed for larger or smaller units (must submit to the City of Palm Coast for review and approval).
Walk to shopping, restaurants, and medical offices.
List of permitting, pre-approvals, and surveys included in marketing flyer.
Just east of Interstate 95 with visibility from Interstate 95 and signage on Interstate 95 and SR 100.
Get a jump on demand for Multifamily in Palm Coast!
Impact fees, utility connection fees, and any governmental fees including, permit fees, etc. not included in the sales price.

Located just east of I-95, south of SR 100, and west of Old Kings Road.

Attachments & Media

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Flagler
Tax ID/APN: 09-12-31-0000-01010-0000
Zoning: MFR-2
Property Visibility: Excellent
Development Name: Flagler Pointe

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 21,128 55,054
Median Age: 44.33 45.07
Households: 8,749 22,249


Photograph of Listing Agent

John W. Trost, CCIM

SVN | Alliance Commercial Real Estate Advisors
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