$259,900
↓ $9K (3.4%)
●
Land -
For Sale
8 FLAGSHIP DRIVE
PALM COAST, FL 32137
Studio
0 Bath
$2,056
Est. Monthly
$558
HOA / Fees
About This Property
Build your dream home on this exceptional vacant lot offering 84
feet of water frontage and wide open water views in one of Palm
Coast's most desirable golf communities. This homesite provides an
ideal canvas for your custom residence, with minimal fill required,
streamlining the building process and reducing preparation costs.
Additionally, buyers have the ability to tag select trees to remain
on the lot, allowing you to preserve natural beauty and enhance
curb appeal once construction is complete.
Situated within a premier golf community, residents may also take advantage of the opportunity for private club membership, providing access to world-class amenities, dining, fitness, and social activities. The location is just minutes from pristine beaches, marinas, trails, restaurants, and all the conveniences that Palm Coast has to offer.
With exceptional natural features already in place, this property offers a rare combination of convenience, beauty, and flexibility. Secure a prime waterfront lot in a sought-after neighborhood known for quality, natural surroundings, and an exceptional coastal lifestyle.
Situated within a premier golf community, residents may also take advantage of the opportunity for private club membership, providing access to world-class amenities, dining, fitness, and social activities. The location is just minutes from pristine beaches, marinas, trails, restaurants, and all the conveniences that Palm Coast has to offer.
With exceptional natural features already in place, this property offers a rare combination of convenience, beauty, and flexibility. Secure a prime waterfront lot in a sought-after neighborhood known for quality, natural surroundings, and an exceptional coastal lifestyle.
Unit Size
-
Days on Market
355 days
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$222
HOA Dues
$558
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Stellar MLS #FC314245)
Price History
Property Highlights
With View
Exterior Details
Waterfront Features: Lake Front
Building Area Units: Square Feet
Lot Size Area: 11333
Lot Size Units: Square Feet
Lot Size Acres: 0.26
Lot Size Square Feet: 11333
Lot Size Dimensions: 84 x 141
Water Source: Private
Financial Details
Tax Annual Amount: $2,662
Utilities Details
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security, Maintenance Grounds, Insurance, Maintenance Structure, Maintenance Repairs, Private Road
HOA/Condo/Coop Amenities: Gated, Security
Condo/Coop Fee: $558
Condo/Coop Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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HOA + Taxes
About Flagler
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Listed by: Karla Goodman
ONE SOTHEBYS INTERNATIONAL
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# FC314245
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
ONE SOTHEBYS INTERNATIONAL
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# FC314245
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