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Colbert Ln & Roberts Rd - Lighthouse Harbor Land Site 22.33 Acres of Residential Land in Palm Coast, FL 32137
Investment Highlights
- Located Within the 88-Acre Marina Village Master-Planned Development
- Palm Coast MSA Population Projected to Grow 14.6% by 2030
- Closest Interstate Beach Exit from Maine to Miami — 3 Miles to I-95
- Summit Contracting Prototype Program Compatibility — Potential 5–10% Construction Cost Reduction
- Affluent Demographics & Strong Rent Comparable Support
Executive Summary
currently under construction, the site offers a prospective developer a permit-ready entry into one of Florida’s fastest-growing coastal markets.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 22.33 AC |
| Zoning | PD - Potential Development | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 22.33 AC |
| Zoning | PD - Potential Development |
1 Lot Available
Lot
| Lot Size | 22.33 AC |
| Lot Size | 22.33 AC |
Fully Entitled, Permit-Ready Site with Approved 240-Unit Development Program
Description
This is a permit-ready land site with a full entitlement stack in place. Entitlements include a City of Palm Coast Development Order, FDOT approval, and St. Johns River Water Management District (SJRWMD) Environmental Resource Permit (ERP). The site is zoned PD (Planned Development) through the City of Palm Coast and sits within the larger Marina Village Master Development. A buyer avoids the entitlement risk, carrying costs, and 12–24+ month timeline typically associated with ground-up land development in this region. The approved site plan includes a clubhouse, resort-style pool, surface parking, and 80 private garages — providing a meaningful NOI premium above standard surface parking. The 240-unit program features 80 one-bedroom units, 130 two-bedroom units, and 30 three-bedroom units across five 4-story buildings, averaging 1,019 SF per unit, with fully designed floor plans ranging from 641 SF on e-bedroom units to 1,346 SF three-bedroom units.
Property Taxes
| Parcel Number | 03-12-31-0000-01010-0031 | Improvements Assessment | $0 |
| Land Assessment | $1,020,000 | Total Assessment | $1,020,000 |
Property Taxes
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Colbert Ln & Roberts Rd - Lighthouse Harbor Land Site
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