Land - Real Estate in Palm Coast
Listing Price: $1,200,000
Description of Property
Exclusivity Meets Opportunity! Welcome to Coquina Commons, the only approved yet-to-be constructed mixed-use development in The Hammock, Flagler County’s most high end location. This unique offering is a rare chance to capitalize on one of Florida’s fastest-growing coastal markets. Spanning 2.25 acres of undeveloped land with 340 feet of high-visibility A1A frontage, this shovel-ready site is perfectly positioned just steps from the beach and surrounded by tourism traffic and a thriving residential community that has over 1,000 homes within walking distance. Coquina Commons isn’t just a development—it’s a rare opportunity to shape the commercial and residential future of a coastal community with built-in demand and little competition! This site is fully entitled with an approved development with 29,295 sq. ft. of leasable space under air, including three first floor commercial spaces (5,310 Sqft, 3,425 Sqft, and 6,550 Sqft) and 9 residential 2 bed/2 bath units (2 units at 1,550 Sqft, 2 units at 1575 Sqft and 5 units at 1,600 Sqft), and 130 parking spaces. Strategically located in an underserved area, Coquina Commons stands to become the go-to destination for daily essentials, dining, and services in the north end of the county. The nearest restaurant is 2+ miles away, the closest convenience store is 3+ miles away, and there isn’t a nearby pharmacy or medical services in this area. Commercial units are projected to lease quickly, with no similar opportunities in existence for small businesses in the area. With premium coastal frontage and proximity to high-value homes, Coquina Commons offers exceptional lease income potential and is sure to provide long-term value for its purchaser. Coquina Commons properties can be marketed to include access to Matanzas Shores’ resort amenities, providing an amenity rich lifestyle for future residents. Specific amenity features include: oceanfront beach club with pool and lounge, two clubhouses, nature trails, intracoastal pier and kayak launch, pickleball courts, tennis courts, shuffleboard, basketball courts, and volleyball courts. Whether you're a developer, investor, or visionary entrepreneur, Coquina Commons is your chance to create a much-needed community hub in a location primed for growth and success. With entitlements in place, a high-demand location, and a captive, underserved market — this is more than land. It’s a legacy opportunity!
Property Details At A Glance
Property Type: Land
City: Palm Coast
County: Flagler
Subdivision: Matanzas Shores
Annual Tax: $5,598
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
- Recreational Facilities
Water Front: Yes
Water Frontage: Lake Front
Sewer: Public Sewer
Water Source: Public
Association Amenities: Tennis Court(s)
Lot Information
Lot Size (acres): 2.25
Lot Size (sq. ft.): 98,010 square feet
Lot Dimensions: 325 x 342 x 239 x 312
Road Frontage: Other
Front Exposure: Northwest
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 3710311550000000152
Zoning: PUD
Tax Legal Desc.: 2.25 AC PARCEL BOUNDED ON E BY AIA ON N BY CARLOS DRIVE, ON WEST BY PARCEL #4C-COMMUNITY CENTER, ON S BY PERC #3 BEING KNOWN AS COMMERCIAL PARCEL A OR 679 PG 316 OR 947 PG 1223 OR 2085/1119
Section: 37
Range: 31
Listing courtesy of HAMMOCK REAL ESTATE GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
