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4800 US HIGHWAY 1 N

Lots/Land Recently Sold
$6,800,000

BTC: 104.61538462

ETH: 3,573.98141530

Sold on: 2023-01-20
139 days
0 room(s)

Overview

Beautiful lakefront site for a profitable multi-family development in Flagler County, one of the fastest growing counties in America. Two brand new hospitals planned in the immediate area. The parcel is site approved for 256 apartments & includes a 7.08 acre com outparcel or can also add 80 more units. Master Development approval has been completed. The city is excited to embrace and break ground. Palm Coast area is accelerating with newcomers. There is an increased demand for housing, especially apartments. This property is in close proximity to historic St. Augustine and is a quick 15 minute drive to the Ocean. World famous Daytona Beach is a short drive South. This beautiful parcel is also in very close proximity to great shopping and popular restaurants in Palm Coast. Golden opportunity in a fast growing area. Land development projects like this will not last long. Water and sewer currently in process. Engineers have started design plans for approval water expected to site mid 2022

Location

Florida • BUNNELL • 32110 • Lots/Land • Recently Sold

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
No Data
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$60,000
$54K – $549K
Confidence Low
List vs. estimate
$6.7M above estimate
List $6,800,000 · +11233.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
171 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

View
Water
All facts and features

  • Other Property Information

    • Parcel Number: 2211305545000000040

    • Zoning: MFR-2 LAND USE CODE,COMME

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Sewer Available

    • Water Available

  • Source details

    • MLS ID: FC273430

    Other facts

    • Lot Features: Cleared / Compact Soil / Conservation Area / Interior Lot / Irregular Lot / Other / Wetlands / Wooded

    • Direction Faces: West

    • Water Source: Public

    • Subdivision Name: NOT ASSIGNED

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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0 room(s)
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Recently Sold
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Commercial
0 room(s) · 48,754 sqft
INDUSTRIAL PARK, PALM COAST
32 HARGROVE GRADE
Recently Sold
$6,750,000
Commercial
0 room(s)
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Market around this address

Live counts in the same area.
View all
This zip
32110
156
median $285K
Active
Same city
BUNNELL
154
median $284K
Active
Same type
Lots/Land
60
median $64K
Active
Similar price
$4.8M – $8.8M
1
median $5.0M
Active

The multiple listing information is provided by the Flagler from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Flagler. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PALM WAVE REALTY