Colbert Ln

$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.

Essential Information

MLS® #1045735
Price$8,000,000
Acres23.00
TypeVacant Land
Sub-TypeCommercial Land
StatusActive

Community Information

AddressColbert Ln
Area60 - Palm Coast
SubdivisionNot In Subdivision
CityPalm Coast
CountyFlagler
StateFL
Zip Code32137

Additional Information

ZoningPUD

Listing Details

Office

SVN Alliance Commercial RE Advisors

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© 2018 Daytona Beach Area Association of REALTORS®

Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

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