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- LoopNet Team
Island Pointe Dr
Jacksonville, FL 32218
Multifamily Vacant Land · Land For Sale
·
19.60 AC
Investment Highlights
- Scenic waterfront multifamily development property on the Trout River
- Twenty minute commute to downtown Jacksonville
- Semi-secluded entrance from Broward Road, with expansive water and marsh views
- Phase 1 & Preliminary wetlands and other Due Diligence available
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Commercial | Total Lot Size | 19.60 AC |
| Zoning | RMD-A & RMD-C | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 19.60 AC |
| Zoning | RMD-A & RMD-C |
Description
The Northside is one of Jacksonville’s faster-growing markets underserved by the needed residential development to support job growth. The multifamily properties in this area are stabilized and able to achieve annual rent increases. This market is a major port and logistics area for Jacksonville, with several new warehouse facilities under development for companies expanding into Jacksonville. In addition to job growth, the area provides easy access to Amelia Island / Fernandina Beaches, Jacksonville’s International Airport, and several rivers and outdoor activities for residents.
Property Taxes
| Parcel Number | 022152-0100 | Improvements Assessment | $0 |
| Land Assessment | $314,743 | Total Assessment | $314,743 |
Property Taxes
