Residential Land for Sale in Palm Coast, Florida

Prime 9.32-Acre Development in Opportunity Palm Coast, FL Unlock the full potential of Palm Coast's booming real estate market with this 9.32-acre shovel-ready parcel strategically positioned for high-yield development. Zoned R-1 with utilities already to the site, this property is approved for up to 74 multi-family units, making it a standout opportunity for developers, investors, or institutions seeking a project with both scale and strategic location advantages. Property Overview - Size: 9.32 acres - Zoning: R-1 Residential - Capacity: Approved for up to 74 multi-family units - Utilities: Water, sewer, and electric already to the site - Frontage: 725 feet along London Drive This site's development flexibility makes it ideal for apartments, townhomes, condominiums, or an assisted living facility, with enough acreage to include on-site amenities such as a clubhouse, walking trails, fitness area, and outdoor recreation spaces. Location & Accessibility Situated in the heart of Palm Coast's fastest-growing corridor, this parcel provides effortless access to Highway 1 and I-95, offering connectivity to Jacksonville, St. Augustine, Daytona Beach, and Orlando. The property sits near major employers, shopping centers, schools, and the newly announced hospital complex, which will create strong demand for workforce and senior housing alike. Development Highlights " Ready-to-build site with essential infrastructure in place " Ideal for multi-family or senior housing projects " Strong demographic demand from nearby hospital and workforce expansions " Rapidly appreciating submarket in a region known for steady population growth Investment Outlook Palm Coast and Flagler County continue to rank among Florida's top emerging residential and healthcare markets. With a newly announced hospital and ongoing economic expansion, this area presents exceptional opportunity for developers to deliver much-needed housing inventory. Whether you envision modern multi-family apartments, upscale townhomes, or a specialized senior living community, this property delivers the zoning, infrastructure, and location advantages necessary for success.