$8,000,000, 23 Acres
About This Property
The Preserve at Palm Coast is a 23+/- acre fully developed multifamily site in Palm Coast, FL. The project was designed, and all site work has been constructed, to accommodate 160 residential condominium units, but was shelved during the Great Recession. The site is ideally located on Colbert Lane and nearby to both existing subdivisions (Palm Coast Plantation, Grand Haven) and the new Marina Del Palma mixed-use community. The Preserve at Palm Coast offers a wonderful opportunity for a developer to quickly bring a new multifamily project online that can be delivered in this cycle.The Preserve at Palm Coast was designed for 160 condo units across 10 condo buildings (16 units per building) plus a 5,000 SF clubhouse amenity.
SVN Alliance Commercial Real Estate Advisors
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