0 PRESERVE Lane, Palm Coast, FL 32137 (MLS# 2134046)

0 PRESERVE Lane, Palm Coast, FL 32137

$9,600,000

Property Type: Land Lot Size (sq. ft.): 958,320 Status: Active

Current Price: $9,600,000 List Date: 3/10/2026 Last Modified: 3/10/2026

Overview

Description

160-200 Unit Condo or Apartment Development Site - Infrastructure in Place Rare opportunity to acquire a multifamily development site in rapidly growing Palm Coast suitable for condominium or apartment construction. Prior plans supported 160 residential units with potential for up to 200 units with variance, offering strong upside for developers and investors. Infrastructure is already in place, providing a major head start for development and potential savings in time and construction costs. Seller will provide site plans, engineering reports, and development documentation to qualified buyers. Conveniently located near I-95, shopping, healthcare, and area beaches, with easy access to Jacksonville and Daytona Beach. Palm Coast continues to experience strong population growth, creating increasing demand for new housing.

Listing Details MLS# 2134046

General Property Information

Lot Size Acres: 22
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Senior Community YN: No
Directions: I-95 S TAKE EXIT 289 toward PALM COAST TURN LEFT onto COAST PKWY SW 1.5 MILES TURN RIGHT onto COLBERT LN 3 MILES TO PRESERVE LN ON RIGHT
Public Remarks: 160-200 Unit Condo or Apartment Development Site - Infrastructure in Place Rare opportunity to acquire a multifamily development site in rapidly growing Palm Coast suitable for condominium or apartment construction. Prior plans supported 160 residential units with potential for up to 200 units with variance, offering strong upside for developers and investors. Infrastructure is already in place, providing a major head start for development and potential savings in time and construction costs. Seller will provide site plans, engineering reports, and development documentation to qualified buyers. Conveniently located near I-95, shopping, healthcare, and area beaches, with easy access to Jacksonville and Daytona Beach. Palm Coast continues to experience strong population growth, creating increasing demand for new housing.
List Price/Acre: 436363.64

Property Features

Current Use: Multi-Family; Unimproved Lot Features: Many Trees Utilities: Electricity Available; Sewer Available; Water Available View: Pond; Trees/Woods Waterfront Features: Pond Road Surface Type: Asphalt Road Frontage Type: City Street Listing Terms: Cash; Conventional; Other Possession: Close Of Escrow; Other Development Status: See Remarks

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-02-26

Location Tax and Legal

Street Name: PRESERVE
Street Suffix: Lane
County: Flagler
State: FL
Postal Code: 32137
MLS Area Major: 601-Flagler County-North Central
Subdivision Name: The Preserve

Status Change Information

Major Change Timestamp: 2026-03-10T01:01:56Z
Major Change Type: New Listing

Location, Tax, and Legal

Country: US
Parcel Number: 03-12-31-0000-01010-0140
Tax Legal Description: 22.85 AC LYING W OF COLBERT LANE & W OFRET.POND POR BEGIN NW CRNR THENCE S012812E-1971.69, N881311E-659.22' S013711E-673.14' , S892902E-386.53', N053617E-898.02' TO A CURVE-160-34', N425559W-50.98 TO A CURVE-24.28',TO A CURVE-11.27
Zoning Description: Multi Family

More Information

Currently Not Used

Pool Private YN: No

Current Use

Multi-Family: Yes
Unimproved: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Lot Features

Many Trees: Yes

Possession

Close Of Escrow: Yes
Other: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Pond: Yes
Trees/Woods: Yes

Waterfront Features

Pond: Yes

Development Status

See Remarks: Yes

Listing Office: RARE REAL ESTATE LLC

Last Updated: March - 10 - 2026

Information deemed reliable but not guaranteed.