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140-142 London Drive, Palm Coast, FL 32137

$1,000,000
Property Type: Land Lot Size (sq. ft.): 405,979 Status: Closed
Current Price: $1,000,000 List Date: 6/20/2022 Last Modified: 9/26/2024

Overview

Description

9.32 Acres Zoned Multi-Family R-1. WATER, SEWER & ELECTRIC TO SITE. See Concepts for 45, 48, & 55 Unit Site Plans. Maximum Impervious Surface ratio 70% (284,186 sqft), Max height 50 ft. Property in an excellent location for Multi-family, Townhomes, Nursing Home or Assisted Living Facility, etc. NEW Hospital announced nearby. Solid economic growth in area. Adjacent conservation area for walking, running, recreation, etc. Frontage on London Dr is 725 ft. Easy access to Hwy 1 or I-95.

Listing Details MLS# 1083922

General Property Information

Lot Size Acres
9.32
Lot Size Dimensions
IRR
CDD Fee YN
No
Association YN
No
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Directions
I-95, Exit 293, West on Matanzas Pkwy, R Lakeview Blvd, L London Drive, property on left between Londonberry Dr & Leaver
Public Remarks
9.32 Acres Zoned Multi-Family R-1. WATER, SEWER & ELECTRIC TO SITE. See Concepts for 45, 48, & 55 Unit Site Plans. Maximum Impervious Surface ratio 70% (284,186 sqft), Max height 50 ft. Property in an excellent location for Multi-family, Townhomes, Nursing Home or Assisted Living Facility, etc. NEW Hospital announced nearby. Solid economic growth in area. Adjacent conservation area for walking, running, recreation, etc. Frontage on London Dr is 725 ft. Easy access to Hwy 1 or I-95.
List Price/Acre
107188.84
Sold Price/Acre
107296.14

Property Features

Lock Box Type: Supra Current Use: Multi-Family; Unimproved Lot Features: On Golf Course; Split Possible; Wooded; Other Road Surface Type: Asphalt Development Status: Rough Grade

Contract Information

Property Sub Type
Unimproved Land
Listing Contract Date
2021-05-14

Location Tax and Legal

Street Number
140-142
Street Name
London
Street Suffix
Drive
County
Flagler
State
FL
Postal Code
32137
MLS Area Major
60 - Palm Coast
Subdivision Name
Not In Subdivision

Status Change Information

Major Change Timestamp
2024-07-03T01:42:26Z
Major Change Type
Status Change
Price Change Timestamp
2023-11-20T20:21:23Z
Contingent Date
2024-07-15
Purchase Contract Date
2024-03-08
Close Date
2024-07-01
Close Price
1000000

Historical Information

Public Historical Remarks 1
Zoning (Text): MFR-1; Lot SqFt: 405979.00; Road Frontage: 725; Dispute Res: Yes; Zone Complies: Yes; Survey: Yes; Franchise Opt In: No

More Information

Location, Tax, and Legal

Country
US
Parcel Number
07-11-31-7037-0RP0A-0120
Tax Annual Amount
2540
Tax Year
2020
Tax Legal Description
9.32 AC PART OF RP R-1 (R-1) BGN NW CORNER RPR-1 725' ALONG LONDON DRIVE, S 38.3549W 191.24', S 77.1742W 363.21, N 73.4322W 217.49', N 59.2219W 485.17', N 54.5931E 651.04' TO POB PART #213.01 OR 601 PG 1218 OR 899 PG 987 OR 1152/131 OR 1152 PG 129-CD

Lock Box Type

Supra
Yes

Current Use

Multi-Family
Yes
Unimproved
Yes

Lot Features

On Golf Course
Yes
Split Possible
Yes
Wooded
Yes
Other
Yes

Road Surface Type

Asphalt
Yes

Development Status

Rough Grade
Yes
Listing Office: Watson Realty Corp.
Last Updated: September - 26 - 2024
Information deemed reliable but not guaranteed.

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