Offered for sale is Red Mill Pointe, a townhouse development project in Palm Coast, FL. The property will be delivered in Q2 2022 fully engineered and approved for 216 townhouse lots plus an amenity. Red Mill Pointe is being approved as a gated condominium project making it ideal for use as a rental community (BFR). The site plan offers a mix of two-story 4, 6 and 8-plex buildings with square footages ranging from 1,400 - 2,000 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. The Master Site Plan was recently approved and final engineering is ongoing with the City of Palm Coast and scheduled to be completed in just a few short months. 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. The Seller has the ability to deliver the lots fully developed and/or construct the townhouses and deliver a fully turnkey rental community to the Buyer.
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