Shovel Ready Multifamily Land

$3,900,000

5635 BELLE TERRE PKWY · 18.1ac+/- Net

Parcel ID: 34-10-30-0000-01010-0060 DPD has acquired all approvals necessary to begin moving dirt on a 120-lot, fee simple townhome project. The site's zoning also allows Palm Coast's highest density multifamily, with an early concept plan supporting 250+ garden style units. AdventHealth's new $167M hospital employs 650 workers 3 miles away. Tract 21A is less than 1 mile from a sports complex and 2 schools. The site belongs to Palm Coast Park, a 4,500-acre mixed-use master plan with 3,900 single family lots at varying stages of development. Although DPD has brought 6 new apartment communities to our Town Center project 7 miles south, the north end of Palm Coast has only one recent comp. 21A is centrally located with little competition to serve the St Johns commuter. (38 minutes to downtown St. Augustine). *All Palm Coast Park properties are subject to CDD fees

1 / 3