4800 US Hwy 1 N, Bunnell, FL 32110
$6,800,000
Property Type:
Land
Lot Size (sq. ft.):
4,305,906
Status:
Closed
Current Price:
$6,800,000
List Date:
2/02/2022
Last Modified:
9/27/2024
Description
Beautiful lakefront site for a profitable multi-family development in Flagler County, one of the fastest growing counties in America. Two brand new hospitals planned in the immediate area. The parcel is site approved for 256 apartments & includes a 7.08 acre com outparcel or can also add 80 more units. Master Development approval has been completed. The city is excited to embrace and break ground. Palm Coast area is accelerating with newcomers. There is an increased demand for housing, especially apartments. This property is in close proximity to historic St. Augustine and is a quick 15 minute drive to the Ocean. World famous Daytona Beach is a short drive South. This beautiful parcel is also in very close proximity to great shopping and popular restaurants in Palm Coast.
More Information MLS# 1092876
General Property Information
Lot Size Acres: 98.85
Association YN: Yes
Association Fee 2: 0
Pool Private YN: No
Water Body Access YN: No
Directions: Property located at US Hwy 1 N, property is just north of White View Pkwy and just south of Palm Coast Pkwy. On E side.
Public Remarks: Beautiful lakefront site for a profitable multi-family development in Flagler County, one of the fastest growing counties in America. Two brand new hospitals planned in the immediate area. The parcel is site approved for 256 apartments & includes a 7.08 acre com outparcel or can also add 80 more units. Master Development approval has been completed. The city is excited to embrace and break ground. Palm Coast area is accelerating with newcomers. There is an increased demand for housing, especially apartments. This property is in close proximity to historic St. Augustine and is a quick 15 minute drive to the Ocean. World famous Daytona Beach is a short drive South. This beautiful parcel is also in very close proximity to great shopping and popular restaurants in Palm Coast.
List Price/Acre: 68791.1
Sold Price/Acre: 68791.1
Location, Tax, and Legal
Country: US
Parcel Number: 22-11-30-5545-00000-0040
Tax Annual Amount: 20762
Tax Year: 2021
Tax Legal Description: SANDLAKE SUBD LOT 4 98.85 AC ORD 2003-24 OR 1389 PG 511 OR 1798/210 OR 2264/846 OR 2386/1987
Status Change Information
Contingent Date: 2022-05-19
Major Change Timestamp: 2023-01-23T14:33:33Z
Major Change Type: Status Change
Purchase Contract Date: 2022-05-19
Close Date: 2023-01-20
Close Price: 6800000
Current Use
Multi-Family: 1
Unimproved: 1
Waterfront Features
Lake Front: 1
Historical Information
Public Historical Remarks 1: Franchise Opt In: No
Contract Information
Current Price: $6,800,000
Property Sub Type: Unimproved Land
Status: Closed
Sold Price: $6,800,000
Listing Contract Date: 2022-02-02
Location Tax and Legal
Street Number: 4800
Street Name: US Hwy 1 N
County: Flagler
State: FL
Postal Code: 32110
MLS Area Major: 99 - Other
Subdivision Name: Not In Subdivision
Property Features
Current Use: Multi-Family; Unimproved
Waterfront Features: Lake Front
Listing Office:
Palm Wave Realty
Last Updated: September - 27 - 2024
Information deemed reliable but not guaranteed.