Listing Details for MLS # FC305266
5300 N Ocean Shore Boulevard, Palm Coast, Fl 32137

Residential Property - Single Family Residence in Palm Coast

Listing Price: $859,900Days on Market: 170

Description of Property

INCREDIBLE BUSINESS OPPORTUNITY!! UNIQUE RESIDENTIAL/COMMERCIAL (R/C) ZONED PROPERTY 150 FT A1A FRONTAGE W/ OPPORTUNITY TO SUBDIVIDE INTO MULTIPLE LOTS - Nestled in a prime, fully cleared corner lot along historic scenic A1A in the highly desirable Hammock area of Palm Coast, Florida, with close proximity to the beach, public boat launch and the Intracoastal Waterway, this 2-bedroom, 3-bathroom mid-century modern home offers both coastal charm and a wealth of possibilities for living and future business opportunities. This custom built 2-story home is thoughtfully designed with a spacious layout that offers flexibility for various living arrangements. The first floor provides a flexible living space that can easily serve as a home office, den, or additional living room. This floor also includes a full ADA accessible bathroom, adding to the versatility of the space and offering convenience for family or guests. On the second floor, the kitchen and living areas enjoy abundant natural light and flow seamlessly to create a comfortable, open space perfect for relaxing or entertaining. The fully enclosed patio offers a versatile area that can be used as a sunroom, office, or additional living space, making it a perfect spot to enjoy the Florida sunshine year-round. Both bedrooms are located on the second floor and feature their own ensuite bathrooms for added privacy and convenience. An oversized two-car garage, plumbed for a bathroom, is perfect for a workshop or studio. A fully equipped shed with electricity and plumbing can serve as an in-law suite. NO HOA or CDD. The property is ZONED R/C (RESIDENTIAL/COMMERCIAL) and is in unincorporated Flagler County. It has the option to be subdivided into 3 lots - a single family residential home (max. building height 35 feet) can be built on each lot. It can also be subdivided into 2 lots - an approved commercial use building on a 10,000 sq.ft lot and a single family residential home on the 2nd lot possible. NEW ROOF (2023), HVAC (2022), WATER HEATER (2024), HURRICANE RESISTANT IMPACT WINDOWS, NEW FLOORING (Luxury Vinyl Plank) IN BOTH UPSTAIRS BATHROOMS, FRESHLY PAINTED INTERIOR & EXTERIOR.The average asking price for a 2 bedroom/3 bath single family residence in this Zip code is $707,967. This single family residence is listed at about 121% of the average asking price. There are 2 2 bedroom/3 bath homes between $600,000 and $1,000,000 currently listed for sale in this Zip code. See other listings like this one »