Red Mill Pointe, a 216 lot townhouse development site

Investment Overview

Offered for sale is Red Mill Pointe, a townhouse development project in Palm Coast, FL. The property is fully entitled and engineered for 216 townhouse lots plus an amenity. Site work can begin immediately. Red Mill Pointe has been designed as a gated community allowing for either fee-simple townhome sales or rentals (BFR). The site plan offers a mix of two-story 4, 6 and 8-plex buildings with square footages ranging from 1,400 - 1,800 SF AC. Interior unit widths are 19' and end unit widths are 22', allowing for a two-car garage. Attractive site plan features many premium lots and a meandering, double loaded roadway system. Located along Red Mill Drive the site provides quick access to Palm Coast Pkwy, SR 100, US Hwy 1 & I-95. Nearby amenities include Palm Coast Town Center, Advent Health Palm Coast, Grand Reserve Golf Course along with numerous existing and future medical facilities. This gated site is walkable to Rymfire Elementary School, a wonderful feature for tenants.

Investment Highlights

• Fully approved 216 townhouse lot development site
• Can be done fee simple or as a Build For Rent (BFR)
• Gated community with clubhouse/pool amenity
• Mix of 4, 6 & 8-plex two-story buildings
• 1,400 - 1,800 SF AC townhouse units
• 19' and 22' unit widths allow for both one and two car garages (20' possible)
• Ready to break ground immediately
• Well located infill site close to Palm Coast Pkwy, SR 100, US Hwy 1 & I-95
• Wonderful amenities nearby including Palm Coast Town Center, Advent Health Palm Coast and many others
• Walkable to Rymfire Elementary School