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4800 US HIGHWAY 1

Lots/Land Recently Sold
$3,250,000

BTC: 50.78125000

ETH: 1,861.39747995

Sold on: 2021-09-08
159 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. Perfect for the investor- this parcel is site approved for 256 apartments and includes a 7.08 acre commercial outparcel. Master Development approval to develop has been completed. The city is excited to embrace the project and break ground. The Palm Coast area is accelerating with newcomers for multiple opportunities being presented in the county. 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.

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 – $550K
Confidence Low
List vs. estimate
$3.8M above estimate
List $3,900,000 · +6400.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
168 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,999
2020
View
Water
All facts and features

  • Other Property Information

    • Parcel Number: 2211305545000000040

    • Zoning: MFR-2 LAND USE CODE,MULTI

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $17,999

  • Source details

    • MLS ID: FC262650

    Other facts

    • Lot Features: Cleared / Conservation Area / Interior Lot / Irregular Lot / Other / 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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Market around this address

Live counts in the same area.
View all
This zip
32110
149
median $289K
Active
Same city
BUNNELL
149
median $289K
Active
Same type
Lots/Land
57
median $62K
Active
Similar price
$2.7M – $5.1M
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