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Pine Lakes Pky
Palm Coast, FL 32137
Lot 3, an apartment development site · Land For Sale · 34.57 AC

Investment Highlights

  • Multifamily development site in prime Palm Coast location
  • Adjacent to Pine Lake Luxury Apartments, one of Flagler County's top apartment communities
  • Owner financing/JV options available to qualified buyers
  • Approximately 25+/- acres will yield 306 garden-style apartments
  • Demand for rental housing in Palm Coast continues to increase with limited supply available

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 34.57 AC
Zoning MFR-2

Description

Lot 3 is a 25+/- acre planned multifamily development site in Palm Coast, FL. The site is located on Pine Lakes Parkway approximately 0.5 miles north of Palm Coast Parkway, which is the primary east/west road in Palm Coast. The property has an enviable location near the major shopping centers, restaurants and recreation of the area. It offers quick access to both I-95 and US 1 and is just 4.5 miles from the beach. The 25+/- acre site has been designed and planned for 306 garden-style apartment units. Charlan Brock & Associates of Orlando is the project architect and has created a program with the ideal mix of unit types and sizes. The project consists of 14 two, three and four-story buildings along with a clubhouse and other desirable amenities.

Property Taxes

Property Taxes

Parcel Number
10-11-30-5115-00000-0031
Land Assessment
$2,775,000
Improvements Assessment
$28,655,744
Total Assessment
$31,430,744
  • Listing ID: 4905380

  • Date on Market: 11/14/2016

  • Last Updated:

  • Address: Pine Lakes Pky, Palm Coast, FL 32137

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