Florida Real Estate News for Palm Coast and Flagler County Florida

Area Rumors

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April 3, 2020 – Flagler County’s pre-pandemic economy was stronger than expected. One month into the pandemic, many indicators are still showing strength. It helps that the real estate and construction industries were deemed critical.
March 5, 2020 — Freddie Mac today expanded previous research in a new report, The Major Challenges of Inadequate U.S. Housing Supply, by taking a closer look at the housing supply shortage on a state-by-state basis.
February 27, 2020 – Lindsay Dolamore, CEO/managing broker at Grand Living Realty, is pleased to announce the company is now representing The American Village community. American Village is an upscale 55+ gated active adult living community of 45 premium homes and 96 one and two-bedroom condominiums located at Pritchard Drive, one mile off Belle Terre.
February 9, 2020 – Hammock Real Estate Development’s 55+ American Village is sprouting. The builder’s model home is open and a spec home is available for immediate move-in. Seven homes are under construction. Now, reservations are being taken for the next phase; one and two-bedroom upscale condominiums. These 96 units will be the first condos in Flagler/Palm Coast since 2008.
February 10, 2020 – 1000 Friends of Florida is far from a bastion of developer advocacy. Its list of priorities echoes the sentiments so loudly proclaimed by citizen groups protesting many of the development projects proposed recently in Palm Coast and Flagler County; at public meetings, in letters to the editor, in social media, and in cocktail party debates.

January 19, 2020 – At a Special Meeting January 14, Palm Coast City Council rushed to pass an ordinance placing a 120-day moratorium on the approval of any new dollar format stores. The issue was first raised only seven days earlier by Mayor Milissa Holland during her January 7th regular meeting comments on items not on the agenda. “We have a lot of Dollar Generals popping up in our city and frankly, I find it a little disconcerting,” said Holland.
January 4, 2020 – Arguably the most significant chapter in Flagler County real estate development ends as Lubert-Adler sells its remaining local assets, including the Hammock Beach Resort with its Jack Nicklaus and Tom Watson signature golf courses. The complex deal included two undeveloped but well-positioned commercial properties and closed December 31. The total value of all recorded transactions is $18.26M. The buyer is Tampa-based KDG Capital, a private equity fund headed by Dr. Kiran Patel.
December 16, 2019 – My September drive around town commercial update was popular with well over three thousand views of the interactive map. Several readers have asked for an update, so here it is.
November 20, 2019 – Ken Belshe, senior sales director for SunBelt Land Management, is pleased to announce that Paytas Homes has broken ground on its model home in Marina Del Palma
October 16, 2019 – Another chapter in the history of Palm Coast Resort is about to be written. Atlanta-based Jacoby Development has submitted plans for two new developments in Palm Coast. One will involve the redevelopment of the Palm Coast Resort & Marina. The second involves construction of condominiums adjoining the Palm Harbor Golf Course.
October 16, 2019 – Vercetti Enterprises, a south Florida-based general contractor, has begun construction of a Popeyes Restaurant on SR 100 in Palm Coast.
October 10, 2019 – The single most asked questions I’ve heard over the 13-plus years of publishing GoToby.com is, “When are we going to get a Costco (or Sam’s Club or BJ’S)?” The answer is, “Not until we have greater residential and commercial density.”
September 24, 2019 -- A story that has been percolating under the covers for some time was broken first by FlaglerLive. The University of North Florida (UNF), City of Palm Coast, AdventHealth, Daytona State College, Flagler Schools, and Allete Properties have joined forces in a proposal to develop a UNF Medical Nexus in Palm Coast's Town Center.
September 18, 2019 – I case you haven’t been paying attention, there is a lot of commercial development going on in Palm Coast and Flagler County. I took a drive around town with my camera, so you won’t have to. Airport Commons, Central Landings, Dollar General, O’Reilly Auto Parts, Sherwin Williams, Texas Roadhouse and more.
September 09, 2019 – Flagler Health+, an extension of St Augustine-based Flagler Hospital, announced today that it has entered into an agreement to purchase a four-acre property at the south side of Matanzas Woods Parkway between Belle Terre Pkwy and Old Belle Terre Parkway in the City of Palm Coast.
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Don "Toby" Tobin is a licensed real estate professional affiliated with Grand Living Realty. Toby is a member of the Flagler County Association of Realtors®, the Florida Association of Realtors, Enterprise Flagler, Flagler Home Builders Association, and the National Association of Realtors.

GoToby.com proivdes real estate news, commentary, and analysis for Palm Coast and Flagler Country Florida, as well as Realtor® referrals and consultation to buyers, sellers, and developers.