Winds Chant, a senior housing development site

57XX N US Hwy 1 Palm Coast, FL 32137

57XX N US Hwy 1, Palm Coast, FL, 32137
Location Aerial
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FOR SALE Incentives
Property Type:
Residential Land Development
Amount:
$10,500,000
Last Verified:
Aug 02, 2017

Highlights

  • Winds Chant, a master planned senior housing development site in Palm Coast, FL (Flagler County)
  • Up to 8 development lots available for ALF (138 Units), senior apartments (180 Units), independent living (150 Units), medical/retail outparcels
  • Lots can be subdivided and developed individually
  • Opportunity to bring a Continuing Care Retirement Community to the market
  • All zoning is in place to allow immediate development
  • All utilities are available to site
  • Lots can be delivered fully engineered
  • Exceptional location along US Hwy 1, just south of Palm Coast Parkway
  • Huge demand for senior housing of all types in Flagler County

Description

Winds Chant is a 50 acre senior housing development site in Palm Coast, FL (Flagler County). It represents an incredible opportunity to bring a variety of senior housing options to an underserved market. The 50 acre site has been master planned to include Assisted Living/Memory Care (138 Units), Independent Living (150 Units), Senior Apartments (180 Units) and five outparcels for various medical and retail related services.

Winds Chant can be sold in bulk or subdivided into the 8 planned lots. The development program allows flexibility to suit a developers needs. Each lot has been designed to provide a key component of the senior living experience.

The site is located on US Hwy 1, just 0.5 miles south of Palm Coast Parkway (the primary east-west thoroughfare in Flagler County). Visibility is tremendous with over 2,000 feet of frontage along US Hwy 1. Winds Chant has the potential to be the premier senior housing development in all of Flagler County.

Winds Chant offers the opportunity for a developer to phase the project while continuing to program and design the aesthetics, services and amenities across the entire 50 acres. Contract broker for more details including programming, plans and amenities.

West side of US Hwy 1, 0.5 miles south of Palm Coast Pkwy


Year Built: 0
Building Size: 0.0sq ft
Lot Size: 50.0 acres

Map of 57XX N US Hwy 1, Palm Coast, FL, 32137

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.