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405,979 SqFt
405,979 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 405,979 sqft
Price per Sqft $3
Subdivision Palm Coast
MLS Listing ID 2113483
HOA Y/N No
Annual Tax Amount $3,924
Lot Size 9.320 Acres
Acres 9.32
Property Sub-Type Unimproved Land
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Unlock the full potential of Palm Coast's booming real estate market with this 9.32-acre shovel-ready parcel strategically positioned for high-yield development. Zoned R-1 with utilities already to the site, this property is approved for up to 74 multi-family units, making it a standout opportunity for developers, investors, or institutions seeking a project with both scale and strategic location advantages.
Property Overview
• Size: 9.32 acres
• Zoning: R-1 Residential
• Capacity: Approved for up to 74 multi-family units
• Utilities: Water, sewer, and electric already to the site
• Frontage: 725 feet along London Drive
This site's development flexibility makes it ideal for apartments, townhomes, condominiums, or an assisted living facility, with enough acreage to include on-site amenities such as a clubhouse, walking trails, fitness area, and outdoor recreation spaces. Location & Accessibility
Situated in the heart of Palm Coast's fastest-growing corridor, this parcel provides effortless access to Highway 1 and I-95, offering connectivity to Jacksonville, St. Augustine, Daytona Beach, and Orlando. The property sits near major employers, shopping centers, schools, and the newly announced hospital complex, which will create strong demand for workforce and senior housing alike.
Development Highlights
" Ready-to-build site with essential infrastructure in place
" Ideal for multi-family or senior housing projects
" Strong demographic demand from nearby hospital and workforce expansions
" Rapidly appreciating submarket in a region known for steady population growth
Investment Outlook
Palm Coast and Flagler County continue to rank among Florida's top emerging residential and healthcare markets. With a newly announced hospital and ongoing economic expansion, this area presents exceptional opportunity for developers to deliver much-needed housing inventory.
Whether you envision modern multi-family apartments, upscale townhomes, or a specialized senior living community, this property delivers the zoning, infrastructure, and location advantages necessary for success.
Location
State FL
County Flagler
Community Palm Coast
Area 601-Flagler County-North Central
Direction From US 1 South, take Matanzas Woods Pkwy, take a Left onto Lakeview Blvd, The your first left onto London Dr,, Pass Londonderry Drive and Lee Road, then the lot is on your left.
Exterior
Utilities Available Other
Private Pool No
Building
Lot Description Wooded
Schools
Elementary Schools Belle Terre
Middle Schools Indian Trails
High Schools Matanzas
Others
Senior Community No
Tax ID 07113170370RP0A0120
Acceptable Financing Cash, Other
Listing Terms Cash, Other

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