0 LONDON Drive
Palm Coast, FL, 32137 $ 1,500,000
Baths0.0 Monthly Estimate*
$ 9,358
Studio for $1,500,000. The lot size is 9.32.
Prime 9.32-Acre Development in Opportunity Palm Coast, FL Unlock the full potential of Palm Coast's booming real estate market with this 9.32-acre shovel-ready parcel strategically positioned for high-yield development. Zoned R-1 with utilities already to the site, this property is approved for up to 74 multi-family units, making it a standout opportunity for developers, investors, or institutions seeking a project with both scale and strategic location advantages. Property Overview • Size: 9.32 acres • Zoning: R-1 Residential • Capacity: Approved for up to 74 multi-family units • Utilities: Water, sewer, and electric already to the site • Frontage: 725 feet along London Drive This site's development flexibility makes it ideal for apartments, townhomes, condominiums, or an assisted living facility, with enough acreage to include on-site amenities such as a clubhouse, walking trails, fitness area, and outdoor recreation spaces. Location & Accessibility Situated in the heart of Palm Coast's fastest-growing corridor, this parcel provides effortless access to Highway 1 and I-95, offering connectivity to Jacksonville, St. Augustine, Daytona Beach, and Orlando. The property sits near major employers, shopping centers, schools, and the newly announced hospital complex, which will create strong demand for workforce and senior housing alike. Development Highlights " Ready-to-build site with essential infrastructure in place " Ideal for multi-family or senior housing projects " Strong demographic demand from nearby hospital and workforce expansions " Rapidly appreciating submarket in a region known for steady population growth Investment Outlook Palm Coast and Flagler County continue to rank among Florida's top emerging residential and healthcare markets. With a newly announced hospital and ongoing economic expansion, this area presents exceptional opportunity for developers to deliver much-needed housing inventory. Whether you envision modern multi-family apartments, upscale townhomes, or a specialized senior living community, this property delivers the zoning, infrastructure, and location advantages necessary for success.
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FeaturesGeneralUtilities Other
Possession Close Of Escrow
Property Subtype Unimproved Land
Tax Year 2024
Current Use Unimproved
Parcel Number 07113170370RP0A0120
County Flagler
New Construction 0 None
Property Type Land
HOA N
Subdivision Name Palm Coast
Status Active
Directions From US 1 South take Matanzas Woods Pkwy take a Left onto Lakeview Blvd The your first left onto London Dr Pass Londonderry Drive and Lee Road then the lot is on your left.
High School Matanzas
City Palm Coast
Senior Community Y/N N
MLS Area 601-Flagler County-North Central
Lot Size Units Acres
Lot Size Square Feet 405979.2
Listing Terms Cash Other
Elementary School Belle Terre
Tax Annual Amount 3924.21
Home Warranty Y/N N
Middle/Junior High School Indian Trails
Lease Renewal Y/N N
MLS Area Minor 601-Flagler County-North Central
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Cash True
Water Body Access Y/N None
Accessibility Features Y/N None
CDD N
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ExteriorLot Features Wooded
Lot Size Area 9.32
Spa N
Lot Size Acres 9.32
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Total Baths 0
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* Excluded FeaturesList ByKeller Williams Realty Atlantic Partners St. AugustineBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,358
- Monthly Property Taxes
- $327
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Palm Coast, FL
Average List Price $326,234
Percent of Sale Price 78%
About Palm Coast, FL 88,371 Population
168% Since 2002
$ 50,368 Median Income
46.43 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2520002 Elementary School
1558328 Middle School
Matanzas High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/15/2025 | $1,500,000 | | Listed Price |