$275,000

5 Colonia Ct Palm Coast, FL 32137

Estimated payment $1,642/month

0.17 Acre
$1,617,647 Price per Acre
7,492 Sq Ft Lot

Highlights

  • 60 Feet of Salt Water Canal Waterfront
  • Canal View
  • Access to Saltwater Canal
  • Old Kings Elementary School Rated A-
  • No HOA

About This Lot

Discover the perfect waterfront opportunity with this exceptional vacant lot offering 60 feet of frontage on a saltwater canal in one of Palm Coast’s most desirable neighborhoods. Featuring a brand-new 60' concrete seawall, this homesite has been partially cleared, saving you thousands in preparation costs. The lot sits high and dry, with backfill already in place following seawall installation—another major value advantage for your future build. With no build-time requirements, you can bring your vision to life on your own schedule. Enjoy added privacy thanks to the neighboring property’s double lot, giving you extra breathing room rarely found in waterfront settings. Surrounded by newer, well-kept homes, this location offers both beauty and long-term value. Whether you're planning a custom residence or securing a premium investment, this prime canal-front property is ready for development and poised to impress. Call today to claim this remarkable waterfront oasis!

Listing Agent

Jesse Warmka

YOUR HOME SOLD GUARANTEED REAL Brokerage Phone: 608-358-0917 License #3307474 Listed on: 11/21/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,284

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 60x125
  • 60 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 07-11-31-7016-00040-1880
  • Tax Block 4

Community Details

Overview

  • No Home Owners Association
  • Palm Coast Sec 16 Subdivision

Recreation

  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$2,284

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7492
  • Status: Active
  • Ownership: Fee Simple
  • Escrow City: Palm Coast
  • Escrow State: FL
  • Escrow Street Name: Leanni Way Unit E2
  • RATIO Current Price By Calculate: 36.71
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Attribution Contact: 608-358-0917
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras: Seawall - Concrete
  • Water Frontage Feet Canal Salt: 60
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 60
  • Flood Zone Panel: 12035C0128E

Utilities

  • Utilities: Public
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0
  • Development: Palm Harbor

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RESI
  • Parcel Number: 07-11-31-7016-00040-1880
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 60x125
  • Flood Zone Code: AE*

Tax Info

  • Tax Annual Amount: 2283.91
  • Tax Block: 4
  • Tax Book Number: 1048/156

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,168 $127,200 $117,000 $10,200
2023 $2,168 $117,000 $117,000 $0
2022 $2,255 $118,500 $118,500 $0
2021 $1,346 $76,500 $76,500 $0
2020 $1,187 $60,000 $60,000 $0
2019 $1,174 $60,000 $60,000 $0
2018 $1,103 $57,000 $57,000 $0
2017 $979 $48,000 $48,000 $0
2016 $1,101 $54,000 $0 $0
2015 $1,110 $50,820 $0 $0
2014 $1,065 $60,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 For Sale $275,000 +83.3% --
01/02/2025 01/02/25 Sold $150,000 -24.6% -- View Prior Sale
12/20/2024 12/20/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $199,000 +53.1% --
04/30/2021 04/30/21 Sold $130,000 +0.9% -- View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $128,900 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Warranty Deed $150,000 Ocean Blue Title
Warranty Deed $150,000 Ocean Blue Title
Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Warranty Deed $130,000 Agents Choice Title Llc
Warranty Deed $169,000 Dba Palm Coast Abstract & Ti
Warranty Deed $89,000 --
Warranty Deed -- --
Warranty Deed $34,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $119,000 Unknown
Previous Owner $31,050 No Value Available
Previous Owner $31,050 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: FC314153

Stellar MLS

APN: 07-11-31-7016-00040-1880