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Investment Highlights

  • 22-acre multifamily development site with infrastructure already in place.
  • Convenient access to I-95, connecting to Jacksonville and Daytona Beach.
  • Palm Coast’s strong population growth supports long-term housing demand.
  • Zoning supports 160 units with potential for up to 200 units through variance.
  • Close to shopping, healthcare, and area beaches.
  • Seller to provide site plans, engineering reports, and development documentation.

Executive Summary

160-200 Unit Condo or Apartment Development Site - Infrastructure in Place

Property Facts

Price $13,270,560 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 22.00 AC
Zoning MPD - Master Planned Development district allowing mixed-use, flexible, master-planned communities with coordinated design.

1 Lot Available

Lot

Price $13,270,560 CAD
Price Per AC $603,207.26 CAD
Lot Size 22.00 AC

22 ACRES

Description

The property consists of 22 acres of unimproved land located in Palm Coast, Florida, within the subdivision known as The Preserve. It is zoned for multifamily residential use and has existing infrastructure in place. The site is accessible via an asphalt road and is near Interstate 95. Utilities available include electricity, sewer, and water. The parcel offers pond and wooded views and includes a pond waterfront feature. The surrounding area provides access to shopping, healthcare, and beaches, with regional connectivity to Jacksonville and Daytona Beach.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
03-12-31-0000-01010-0140
Land Assessment
$1,077,686 CAD
Improvements Assessment
$192,800 CAD
Total Assessment
$1,270,486 CAD
  • Listing ID: 39848438

  • Date on Market: 2026-03-20

  • Last Updated:

  • Address: Preserve Ln, Palm Coast, FL 32137

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