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6420 FL-100, Palm Coast, FL 32137

$7,791,054.35
Property Type: Land Lot Size (sq. ft.): 1,969,783 Status: Closed
Current Price: $7,791,054.35 List Date: 12/28/2020 Last Modified: 9/26/2024

Overview

Description

Offered for sale is Ocean Village, a multifamily development site in Palm Coast, FL. This 45+/- acre development site is zoned, engineered and approved for up to 421 residential units (site can be subdivided). Ocean Village offers tremendous flexibility in use, programming, site design and phasing. A Development Order and SJRWMD Master Stormwater Permit are already in hand, which will accelerate your development timeline and allow you to deliver units faster. Uses such as Build For Rent, garden-style apartments, low rise condos and townhomes are all possible under the current zoning. Ocean Village is near the intersection of SR 100 and Colbert Lane and offers access to the best natural amenities in all of Flagler County.

Supplements: The site is just 2 miles from the Atlantic Ocean and downtown Flagler Beach. Flagler Beach, a quaint beachside city just over the SR 100 bridge, offers unique dining, shopping and outdoor entertainment experiences. Within walking distance from Ocean Village are the Graham Swamp Preserve (bicycling on Lehigh Trail, hiking, fishing), Beach Village ...

Listing Details MLS# 1078931

General Property Information

Lot Size Acres
45.22
Lot Size Dimensions
45.22 Acres
Association YN
Yes
Pool Private YN
No
Water Body Access YN
No
Directions
Located on SR 100, just west of Colbert Lane. Site is 1 mile east of I-95 and 2 miles west of the Atlantic Ocean.
Public Remarks
Offered for sale is Ocean Village, a multifamily development site in Palm Coast, FL. This 45+/- acre development site is zoned, engineered and approved for up to 421 residential units (site can be subdivided). Ocean Village offers tremendous flexibility in use, programming, site design and phasing. A Development Order and SJRWMD Master Stormwater Permit are already in hand, which will accelerate your development timeline and allow you to deliver units faster. Uses such as Build For Rent, garden-style apartments, low rise condos and townhomes are all possible under the current zoning. Ocean Village is near the intersection of SR 100 and Colbert Lane and offers access to the best natural amenities in all of Flagler County.
List Price/Acre
195510.84
Sold Price/Acre
172292.22
Association Fee 2
0

Property Features

Current Use: Multi-Family; Unimproved

Contract Information

Property Sub Type
Unimproved Land
Listing Contract Date
2020-12-28

Location Tax and Legal

Street Number
6420
Street Name
FL-100
County
Flagler
State
FL
Postal Code
32137
MLS Area Major
60 - Palm Coast
Subdivision Name
Palm Coast Plantation

Status Change Information

Major Change Timestamp
2022-01-03T15:44:19Z
Major Change Type
Status Change
Price Change Timestamp
2021-05-25T20:28:20Z
Purchase Contract Date
2021-09-02
Close Date
2022-01-03
Close Price
7791054.35

Historical Information

Public Historical Remarks 1
Zoning (Text): MFR-2; Lot SqFt: 1163488.00; Easement: Parcels 39-12-31-0000-01010-0090 & 10-12-31-0000-00010-0030; Franchise Opt In: No

More Information

Location, Tax, and Legal

Country
US
Parcel Number
39-12-31-0000-01010-0090
Tax Annual Amount
7877
Tax Year
2019
Tax Legal Description
26.71 AC POR NE CRNR SEC 10 SE 1280.24', SW 738' TO POB SE 1316.81' THENCE ALONG A CURVE SWLY 866.31' +/-, NW 1328.02' +/-, NE 896.42' TO POB LYING IN SEC 39 & 10 PT OF THIS DES IS PARCEL 1 AS PER SURVEY PROVIDED OR 637 PG 899 OR 961 PG 1149 (ANNEX T O CITY OF PC, #2017-1 OR 2184/649) OR 2287/494

Current Use

Multi-Family
Yes
Unimproved
Yes
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 26 - 2024
Information deemed reliable but not guaranteed.

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