Prime Cul-De-Sac Lot in Fairway Estates – Premium Builder & Investor Opportunity! Calling all serious investors, builders, and visionaries! This is a premier redevelopment opportunity situated on a highly desirable, quarter-acre+ cul-de-sac lot in the sought-after Fairway Estates community. Positioned high and dry in a coveted "X" flood zone, this property offers maximum peace of mind with absolutely no HOA or CDD restrictions. The existing structure is in extreme disrepair and is a projected teardown, making this property entirely uninhabitable and suitable only for cash buyers. With an After Repair Value (ARV) easily estimated at $300K—and potentially higher potential if you expand the footprint—this is the ultimate canvas to design and build a custom dream home or a lucrative spec property. Cash-only! No financing of any type will be considered. A quick closing is available and highly preferred. Property is sold as-is. Information contained herein should be verified by buyer. Room measurements are approximate and should be independently verified by the buyer.
Pending
Price cut: $20K (9/4)
$90,000
5 LAREDO PLACE, PALM COAST, FL 32137
3beds
1,247sqft
Single Family Residence
Built in 1990
0.26 Acres Lot
$-- Zestimate®
$72/sqft
$-- HOA
What's special
- 21 days
- 2,295
- 101
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Virginia Werneken, PA 727-207-5738,
FUTURE HOME REALTY INC 813-855-4982
Source: Stellar MLS,MLS#: TB8542916
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Kitchen
- Features: No Closet
- Level: First
- Area: 72 Square Feet
- Dimensions: 8x9
Living room
- Features: No Closet
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: None
- Laundry: None
Features
- None
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,163
- Total interior livable area: 1,247 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Size: 0.26 Acres
Details
- Parcel number: 0711317037005900070
- Zoning: RESI
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: 04 FAIRWAYS
HOA
- Has HOA: No
Location
- Region: Palm Coast
Financial & listing details
- Price per square foot: $72/sqft
- Tax assessed value: $184,647
- Annual tax amount: $2,098
- Date on market: 8/27/2026
- Cumulative days on market: 11 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,709/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Pending sale | $100,000$80/sqft |
Source: | ||
| 9/4/2026 | Price change | $100,000-16.7%$80/sqft |
Source: | ||
| 8/27/2026 | Listed for sale | $120,000+54.8%$96/sqft |
Source: | ||
| 11/1/1990 | Sold | $77,500$62/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,099 -39.7% | $85,991 +2.9% |
| 2024 | $3,479 +388.7% | $83,568 +3% |
| 2023 | $712 +3.8% | $81,134 +3% |
| 2022 | $686 +3.6% | $78,771 +3% |
| 2021 | $662 +1.4% | $76,476 +1.4% |
| 2020 | $653 +0.9% | $75,419 +2.3% |
| 2019 | $647 -0.8% | $73,723 +1.9% |
| 2018 | $653 +0.7% | $72,348 +2.1% |
| 2017 | $648 | $70,860 +2.1% |
| 2016 | $648 +0.6% | $69,403 +0.7% |
| 2015 | $645 -0.9% | $68,921 +0.8% |
| 2014 | $651 | $68,374 +1.5% |
| 2013 | -- | $67,364 +1.7% |
| 2012 | -- | $66,238 -11.6% |
| 2011 | -- | $74,904 -4.4% |
| 2010 | -- | $78,357 +2.7% |
| 2009 | -- | $76,297 +0.1% |
| 2008 | -- | $76,221 +3% |
| 2007 | -- | $74,001 +2.5% |
| 2006 | -- | $72,196 +3% |
| 2005 | -- | $70,093 +324.8% |
| 2004 | -- | $16,500 |
Find assessor info on the county website
Monthly payment
Est. payment


