Tax-Deductible Wetland Lot with Future Build Potential – Great Investment Opportunity! Stycket Ave, Hastings, FL 1.14 acre Flagler Estates Sold

  • $9,000
  • 49,658 sqft
Sold

Facts & features

This 1.14-acre wetland lot in Flagler Estates presents an early unfair advantage for savvy investors. While currently non-buildable due to permit restrictions, future zoning and development changes may make this property buildable. Wetland mitigation could unlock development potential, making it an ideal long-term investment. Additionally, wetland properties often come with significant tax deductions*, providing a financial edge. Secure this land now at a low price, anticipating future community growth and infrastructure development.

Seller Financing Available

County Planning Info: https://library.municode.com/fl/flagler_county/codes/code_of_ordinances?nodeId=FLCOCOOR_CH28SPDI_ARTVISPWADI_S28-101SHTI

*Florida Fish and Wildlife Conservation Commission | FWC Wetland Tax Incentive Info: https://myfwc.com/conservation/special-initiatives/lap/financial/

Property

Lot

  • Features: 1 to < 2 Acres, Subdivision
  • Residential vegetation: Other

Details

  • Parcel number: 2110282775000500227
  • Zoning: R-1 (Rural residential district)  

Utilities & green energy

  • Utilities for property: None, Other

Community

  • Subdivision: Flagler Estates, Flagler County

HOA

  • Has HOA: No

Location

  • Region: Hastings, Flagler County, Florida

Financial & listing details

  • Annual tax amount: $28
  • Date on market: 7/31/2024
  • Listing Terms: Cash, Seller Financing Available
  • Road surface type: Dirt

Flagler County, Florida’s population has been growing steadily over the years, and is expected to continue to do so: 

  • Growth rate: Flagler County’s population grew by an average of 2.3% per year between 2010 and 2022. The largest annual increase was 4.8% between 2021 and 2022. 
  • Population size: As of July 1, 2023, Flagler County’s population was 131,439. 
  • Growth rate compared to Florida and the nation: Flagler County’s growth rate has consistently outpaced Florida and the nation. 
  • Growth rate compared to other counties: Flagler County is one of Florida’s fastest growing counties. 
  • Future growth: Flagler County is expected to continue growing at a similar rate over the next 10 years.

*Disclaimer: This is not legal or tax advice. Please consult your tax and accounting professional for specific guidance related to your situation.

**Consult the County for the latest permit and zoning information https://www.flaglercounty.gov/departments/growth-management/planning-zoning/zoning-districts

 

Source: https://usafacts.org/data/topics/people-society/population-and-demographics/our-changing-population/state/florida/county/flagler-county/#:~:text=Source:-,How%20has%20Flagler%20County’s%20population%20changed%20over%20the%20years?,average%20of%202.3%25%20per%20year.

https://www.census.gov/quickfacts/fact/table/flaglercountyflorida/AFN120212

https://florida.reaproject.org/analysis/comparative-trends-analysis/population/tools/120035/120000/#:~:text=It%20averaged%209.49%25%20in%20the,decade%20(2020%2D2022).&text=Figure%207%20compares%20the%20decade,0.31%25).

https://www.observerlocalnews.com/news/2024/mar/06/palm-coast-is-growing-blose/

Price:
$9,000
Address:
0 Stycket
Hastings, Florida 32145
Square Feet:
49,658
Lot Size:
1.14 Acre
Terms:
For Sale
Property Type:
Land
MLS #:
RX-11008551

Additional Features

The Flagler Estates MSTU (municipal services taxing units) was created to address the lack of municipal services in the area, which contains over 1,900 undeveloped lots. Currently, no building permits have been issued, but the MSTU is designed to provide essential services like water, sewage, emergency services, and more. Funding will come from special assessments, taxes, and utility charges within the MSTU, which could allow future development. As services are established, there is potential for the area to support both residential and commercial growth, boosting the local economy and tax base. *Disclaimer: This is not legal or tax advice. Please consult your tax and accounting professional for specific guidance related to your situation.

Call +1-904-822-8808 for more details

Property Location