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2467 Ormsby Circle cir - Sells - Ormsby Waterfront 0.85 Acres of Residential Land Offered at $425,000 in Jacksonville, FL 32210

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INVESTMENT HIGHLIGHTS

  • Over 400' River Frontage
  • Navigable to the Atlantic Ocean
  • Dock or Community Dock Possible

EXECUTIVE SUMMARY

Spectacular nighttime views with Cedar River waterfront. With imagination & ingenuity, this would make a great property for a magnificent single estate home or two to three single family homes with a private drive. However, this also is a great investment property for a savvy developer since the property is Zoned RMD-D for up to 19 units per acre. There is a layout for 5 separate waterfront lots (see documents) that have been preliminarily approved by the City of Jacksonville who also previously approved a design for 9 spacious condo units (see drawings in documents). Designs & approvals must be verified, updated, & finalized by Buyer. There are 400' of bulkhead on the waterfront & approved for renewal of existing permit. Single dock is also approved by State of Florida but could be permitted for a community dock. By existing recorded easement, the new owner will have access to up to 10 residential sewer connections with existing lift station. See additional remarks.

PROPERTY FACTS

Price $425,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
  • Single Family Residence
Total Lot Size 0.85 AC
Zoning RMD-D - Residential Mixed Development - high density

1 LOT AVAILABLE

Lot

Price $425,000
Price Per AC $500,000.00
Lot Size 0.85 AC

Over 400' of waterfront on the Cedar River. Beautiful estate lot possibility or possible 5 lot (pre-approved) development.

DESCRIPTION

Possible multiple lot or single estate lot property. Could have common dock use for condo or townhouse project. Concurrency on file with City of Jacksonville. This is a wonderful & rare opportunity for a developer or someone that wants a private, gated estate or family compound with a lot of river frontage. The navigability to the St Johns River, downtown Jacksonville, the Intracoastal Waterway & Atlantic Ocean is a boat owner's dream. Please do not go on property without a confirmed appointment. See Showing Assist. Buyer should verify all design, density, permitting and utility concurrencies. See documents for important information and potential layouts and designs. Seller has instructed that the only acceptable form of PASA is the FR/BAR Vacant Land Contract (version VAC-14xxx Rev 8/24). From SR21 (Blanding Blvd) turn west on Hyde Park Road, then turn right on Ormsby Circle East. Property is on right.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
104027-0000
Land Assessment
$304,980
Improvements Assessment
$0
Total Assessment
$304,980
  • Listing ID: 32978179

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 2467 Ormsby Circle cir, Jacksonville, FL 32210

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