Property Listing No Longer Available for Sale

4 Cinnamon Grove Ln, Palm Coast, FL

Land for Sale - $499,000 - 1.51 acres


Property Info

CIMLS#1094257
Location
  4 Cinnamon Grove Ln
  Palm Coast FL 32137
UpdatedOctober 29th, 2021
TypeLand
Price$499,000
Land1.51 acres

Property Description

1.51 Acres. Commercial lot on busy Oceanshore Blvd. As part of the original, platted, Cinnamon Grove subdivision, property was approved for a large, 12,200 square foot office complex and 70 parking spaces. Approval was granted in 2005. Zoning is R/C which allows a variety of low intensity commercial uses. Area is poised for tremendous growth. 168 feet of highway frontage. Close to I95. 25 miles south of St. Augustine, 79 miles from Orlando International Airport, 28 miles from Daytona Beach. 2019 traffic count was 8,800 cars per day, up from 5,600 cars per day in 2016. Multiple residential and commercial projects under way all around this property. The Hammock has become a much sought after residential address, close to many Florida attractions and with miles of uncrowded beaches. High-end residential developments and resorts, exclusive golf courses, marinas and highly-rated restaurants surround the property.


Financials



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