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About this home
53xx Us Hwy 1 N is a home Bunnell. Flood zone A - confirm flood insurance requirements with your lender.
A rare opportunity to earn commercial property in the fastest growing corridor of US 1 North in Palm Coast. Property is located just south one mile of the Palm Coast Parkway and US1 intersection. Zoned Palm Coast COM-3 is the highest intensity commercial (FLUM-Mixed Use), can be divided into two 250’ foot frontage parcels at $300,000 each. Property located 7 miles from the Atlantic Ocean and on the forefront of Palm Coast 2.0 Initiative. 2 new hospitals , one just open and one under review within 2.5 miles. 1200+ new home sites being developed at Reverie of Palm Coast and Saw Mill within 2.5 miles of this site. Great road frontage and outstanding daily traffic counts. Rare to find 500’ Front Feet of commercial property. Must see location. Survey, wetland delineation, and tree survey complete. Preliminary site plan also complete and through predevelopment meetings (TRX) with City of Palm Coast Development Staff. Option to mitigate wetlands and acquire additional net uplands possible. Utilities Forcemain and Water Extension under construction across US 1.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$599,000
Time on market
695 days
Monthly payment
About $3,544/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,449 annual tax bill, insurance.
Flood zone
Zone A
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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