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Investment Highlights

  • 2.93 acres entitled for up to 160 multifamily units by right
  • Water, sewer, and electricity available to tap; raw land with no improvements to remove
  • Half a mile to US-1; 2 miles to I-95 and I-295; 3 miles to I-10
  • Dual frontage on Baymeadows Way and Baymeadows Way West, for flexible access and curb-cut placement
  • More than 533,000 residents and average household income above $104,000 within a 20-minute drive; more than 1.19 million residents within 30 minutes

Executive Summary

Entitled multifamily land in an established Jacksonville submarket, offered as a single 2.93-acre parcel. The current PUD (ordinance 2024-661-E) permits up to 160 multifamily units, and the adjacent 331-unit RISE Baymeadows apartments show the immediate area already absorbs rental product.
The entitlement is also flexible. A buyer with a different vision can pursue an alternative use through a PUD modification, and ownership is open to a contract timeline tied to the re-PUD outcome and will allow the buyer to pursue permits in the meantime.
The site reaches more than 533,000 residents within a 20-minute drive, with average household income above $104,000, and more than 1.19 million residents within 30 minutes. Level, cleared land, ready utilities, and no notable environmental concerns keep the path to construction short.

Property Facts

Price $2,300,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Hospitality
  • Apartment Units
  • Hotel
  • Planned Unit Development
Total Lot Size 2.93 AC
Zoning PUD / HDR - Planned Unit Development (High Density Residential); entitled for up to 160 multifamily units per Ordinance 2024-661-E.

1 Lot Available

Lot

Price $2,300,000
Price Per AC $784,982.94
Lot Size 2.93 AC

Vacant, level, cleared land in the Baymeadows corridor of southeast Jacksonville. Water, sewer, and electric are available to tap. There are no notable stormwater, detention, wetland, floodplain, easement, environmental, or geotechnical conditions.

Description

Level to gently sloping and entitled, this 2.93-acre site sits in Jacksonville's Baymeadows corridor within the Southside submarket, with dual frontage on Baymeadows Way and Baymeadows Way West. The current PUD (Ordinance 2024-661-E) permits up to 160 multifamily units by right. A developer can move on a residential plan without a rezoning, or reshape the entitlement for an alternative use, including hospitality, through a PUD modification that ownership is prepared to accommodate in the deal structure. Within a 20-minute drive, the site reaches more than 533,000 residents, nearly 695,000 daytime workers, and average household income above $104,000. Within 30 minutes, the population passes 1.19 million. The site is clean and ready. Water, sewer, and electricity are available to tap, and the property sits in FEMA Flood Zone X, outside the mapped floodplain. A pond along the east boundary serves as the drainage outfall. For a multifamily developer, the density is entitled and the path to construction is short. For a hospitality developer, a four-story hotel of roughly 120 keys with surface parking is feasible within the 60-foot height allowance, subject to a PUD modification.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
  • Listing ID: 39250782

  • Date on Market: 1/29/2026

  • Last Updated:

  • Address: 7525 Baymeadows Way, Jacksonville, FL 32256

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