$435,000
Palm Coast, FL 32137
MLS# 2146343
8 beds | 5 baths
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Property Description
INVESTOR ALERT Amazing canal-front opportunity with massive income potential! This unique property has been converted into an 8 bedroom, 5 bathroom home and has endless possibilities for investors or operators. Previously operated as an assisted living facility and now functioning as a co-living property, this home is still properly zoned for an ALF/group home operation. - Property Features: * 8 Bedrooms | 5 Bathrooms * Canal-front location * Previously licensed assisted living facility * Currently set up for co-living * Zoning allows ALF/group home use * Brand new roof * Sold fully furnished * Incredible investment opportunity Whether you're looking to expand your portfolio, operate a care facility, or maximize cash flow with co-living, this property is packed with potential. Don't miss this rare opportunity!
Details
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Documents
Contract Information
Current Price: $435,000
Property Sub Type: Single Family Residence
Property Attached YN: No
Status: Active
List Price: $435,000
Listing Contract Date: 2026-05-21
Location Tax and Legal
Street Number: 22
Street Name: FLAMINGO
County: Flagler
State: FL
Postal Code: 32137
MLS Area Major: 601-Flagler County-North Central
Subdivision Name: Palm Coast
General Property Information
Bedrooms Total: 8
Bathrooms Full: 5
Bathrooms Total: 5
Living Area: 3676
Living Area Source: Owner
Year Built: 1974
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.27
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Frontage Feet: 12
Stories: 1
Senior Community YN: No
Directions: Drive south on Hammock Dunes Bridge. Right to Florida Park Drive North. Left to Fleetwood Drive. Left to Fernwood Drive. Left to Flamingo Drive. Property is on the left.
Public Remarks: INVESTOR ALERT
Amazing canal-front opportunity with massive income potential! This unique property has been converted into an 8 bedroom, 5 bathroom home and has endless possibilities for investors or operators.
Previously operated as an assisted living facility and now functioning as a co-living property, this home is still properly zoned for an ALF/group home operation.
- Property Features:
* 8 Bedrooms | 5 Bathrooms
* Canal-front location
* Previously licensed assisted living facility
* Currently set up for co-living
* Zoning allows ALF/group home use
* Brand new roof
* Sold fully furnished
* Incredible investment opportunity
Whether you're looking to expand your portfolio, operate a care facility, or maximize cash flow with co-living, this property is packed with potential.
Don't miss this rare opportunity!
List Price/SqFt: 118.34
Status Change Information
Major Change Timestamp: 2026-05-21T13:01:16Z
Major Change Type: New Listing
DPR Eligible
DPR Eligible: Yes
Room Types
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main
Bedroom 5 Level: Main
Bedroom Level: Main
Primary Bedroom Level: Main
Property Features
Appliances: Dishwasher; Dryer; Ice Maker; Refrigerator; Washer
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Cooling: Central Air
Heating: Central
Water Source: Public
Sewer: Public Sewer
Exterior Features: Courtyard
Parking Features: Other
Waterfront Features: Canal Front
Current Use: Residential; Single Family
Possession: Negotiable
Listing Terms: Cash; Conventional; FHA; VA Loan; Other
Room Types: Bedroom; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Primary Bedroom
Room Information
| Room Name | Level | Length | Length | Width | Width |
| Primary Bedroom | Main | 12.00 | 12.00 | 11.00 | 11.00 |
| Bedroom 2 | Main | 12.00 | 12.00 | 11.00 | 11.00 |
| Bedroom 3 | Main | 12.00 | 12.00 | 11.00 | 11.00 |
| Bedroom 4 | Main | 12.00 | 12.00 | 11.00 | 11.00 |
| Bedroom 5 | Main | 12.00 | 12.00 | 11.00 | 11.00 |
| Bedroom | Main | 12.00 | 12.00 | 11.00 | 11.00 |
| Bedroom | Main | 12.00 | 12.00 | 11.00 | 11.00 |
| Bedroom | Main | 12.00 | 12.00 | 11.00 | 11.00 |
LeadPaintDisclosure 
Listing Office: BEYCOME OF FLORIDA LLC
Last Updated: May - 23 - 2026
Information deemed reliable but not guaranteed.