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- LoopNet Team
115-125 Red Mill Dr
Palm Coast, FL 32164
Red Mill Pointe · Land For Sale
·
35.41 AC
INVESTMENT HIGHLIGHTS
- Gated condominium community with clubhouse/pool amenity
- 19' and 22' unit widths allow for both one and two car garages
- Wonderful amenities nearby including Palm Coast Town Center, Advent Health Palm Coast and many others
- 1,400 - 2,000 SF AC townhouse units
- Well located infill site close to Palm Coast Pkwy, SR 100, US Hwy 1 & I-95
- Walkable to Rymfire Elementary School
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 35.41 AC |
| Zoning | MFR-1 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 35.41 AC |
| Zoning | MFR-1 |
DESCRIPTION
Offered for sale is Red Mill Pointe, a townhouse development project in Palm Coast, FL. The property will be delivered in Q1 2023 fully approved for 216 townhouse lots plus an amenity. Site work can begin immediately. Red Mill Pointe is being approved as a gated condominium project making it ideal for use as a rental community (BFR). The site plan offers a mix of two-story 4, 6 and 8-plex buildings with square footages ranging from 1,400 - 2,000 SF AC. Interior unit widths are 19' and end unit widths are 22', allowing for a two-car garage. Attractive site plan features many premium lots and a meandering, double loaded roadway system. Located along Red Mill Drive the site provides quick access to Palm Coast Pkwy, SR 100, US Hwy 1 & I-95. Nearby amenities include Palm Coast Town Center, Advent Health Palm Coast, Grand Reserve Golf Course along with numerous existing and future medical facilities. This gated site is walkable to Rymfire Elementary School, a wonderful feature for tenants. The Seller has the ability to deliver the lots fully developed and/or construct the townhouses and deliver a fully turnkey rental community to the Buyer.
PROPERTY TAXES
| Parcel Number | 07-11-31-7033-0RP0F-0030 | Improvements Assessment | $0 |
| Land Assessment | $2,468,436 | Total Assessment | $2,468,436 |
PROPERTY TAXES
