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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: 3/05/2026

Overview

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.

Listing Details MLS# 1092876

General Property Information

Lot Size Acres
98.85
Association YN
Yes
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
Association Fee 2
0

Property Features

Current Use: Multi-Family; Unimproved Waterfront Features: Lake Front

Contract Information

Property Sub Type
Unimproved Land
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

Status Change Information

Major Change Timestamp
2023-01-23T14:33:33Z
Major Change Type
Status Change
Contingent Date
2022-05-19
Purchase Contract Date
2022-05-19
Close Date
2023-01-20
Close Price
6800000

Historical Information

Public Historical Remarks 1
Franchise Opt In: No

More Information

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

Current Use

Multi-Family
Yes
Unimproved
Yes

Waterfront Features

Lake Front
Yes
Listing Office: Palm Wave Realty
Last Updated: March - 05 - 2026
Information deemed reliable but not guaranteed.

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