Palm Coast Apartments Development Site

The Property enjoys an ideal location, just minutes from both I-95 and Highway A1A, providing future residents seamless connectivity along the entire East Coast of Florida and beyond. Positioned in the tranquil coastal city of Palm Coast, this area is defined by its beautiful Atlantic Ocean beaches, expansive state parks, and renowned golfing facilities. The immediate area is also home to a plethora of established amenities and vibrant retail centers with a limited pipeline of new construction market-rate residential units. Florida’s ongoing influx of residents and continued revitalization efforts have consistently propelled residential metrics and fundamentals to unprecedented heights. The Property offers an immense developable footprint with a clear path to execution through its existing entitlements and will house a highly desirable development in a market stricken by a lack of supply and ever-increasing demand.Avison Young is pleased to exclusively offer for sale the Palm Coast Apartments Development Site (“the Property”), a ±22.34 development opportunity located on Colbert Lane in Palm Coast, FL. The Property is site plan approved for a development program of 240 multifamily garden-style units across 5 buildings and rising 4 stories.