Incredible development and investment opportunity in Palm Coast, FL. The offering consists of 581 Palm Coast 'Drop Lots' located in five scattered subdivisions south of SR 100. The typical size of a lot is 80' wide x 120' deep. 'Drop Lots' are considered to be buildable by the City of Palm Coast but may or do have constraints that need to be addressed prior to the issuance of a building permit. The 30+/- acre boomerang parcel is located on Seminole Woods Blvd and consists of 132 'Drop Lots' that could be replatted into a new residential subdivision. We anticipate that the boomerang parcel will yield 90 SFR lots.

Location Description:

581 Palm Coast 'Drop Lots' scattered south of SR 100

Highlights:

>> Incredible opportunity to acquire a large lot inventory in a growing area

>> Palm Coast housing market is improving every month and we are facing a shortage of buildable lots

>> Low cost basis would allow a builder to offer a house/lot package at reduced pricing to the general market

>> The 30+/- acre boomerang parcel could be developed as a stand alone project

>> Located in the S, U & LL sections of Palm Coast (south of SR 100)

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