UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Palm Coast Sec 88
MLS Listing ID FC309909
HOA Y/N No
Annual Recurring Fee 8840.0
Annual Tax Amount $5,598
Lot Size 2.250 Acres
Acres 2.25
Lot Dimensions 325x342x239x312
Property Sub-Type Commercial
Source Stellar MLS
Property Description
This site is fully entitled with an approved development with 29,295 sq. ft. of leasable space under air, including three first floor commercial spaces (5,310 Sqft, 3,425 Sqft, and 6,550 Sqft) and 9 residential 2 bed/2 bath units (2 units at 1,550 Sqft, 2 units at 1575 Sqft and 5 units at 1,600 Sqft), and 130 parking spaces. Strategically located in an underserved area, Coquina Commons stands to become the go-to destination for daily essentials, dining, and services in the north end of the county. The nearest restaurant is 2+ miles away, the closest convenience store is 3+ miles away, and there isn't a nearby pharmacy or medical services in this area. Commercial units are projected to lease quickly, with no similar opportunities in existence for small businesses in the area. With premium coastal frontage and proximity to high-value homes, Coquina Commons offers exceptional lease income potential and is sure to provide long-term value for its purchaser.
Coquina Commons properties can be marketed to include access to Matanzas Shores' resort amenities, providing an amenity rich lifestyle for future residents. Specific amenity features include: oceanfront beach club with pool and lounge, two clubhouses, nature trails, intracoastal pier and kayak launch, pickleball courts, tennis courts, shuffleboard, basketball courts, and volleyball courts.
Whether you're a developer, investor, or visionary entrepreneur, Coquina Commons is your chance to create a much-needed community hub in a location primed for growth and success. With entitlements in place, a high-demand location, and a captive, underserved market — this is more than land. It's a legacy opportunity!
Location
State FL
County Flagler
Community Palm Coast Sec 88
Area 32137 - Palm Coast
Zoning PUD
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description Lake Front
View Y/N Yes
View Water
Building
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Monthly Total Fees $736
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://media.nflightphotography.com/videos/0191e291-b028-730c-b44e-b6c59a7de972
