Last chance to build multiple properties in Palencia. 28 exclusive, gated townhouse lots ready for development and the right builder. Located in one of Palencia's most prestigious sections - Promenade Pointe - Augustine Island is very private, gated, exclusive, & surrounded by water and preserve. There are 12 currently built, owned and occupied townhomes on the private island - awaiting the development of the remaining 28 lots. This is one of the most upscale and prestigious townhome locations remaining in an already established private golf community. Information in this listing applies to lot # 38 as representation of the 28 lot package. Seller will consider take down on a contract for this property