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SR 51 - Live Oak Apartments Development | 192 Units 9.92 Acres of Residential Land Offered at $1,450,000 in Live Oak, FL 32064

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EXECUTIVE SUMMARY

Development Opportunity
Number of Units: 192
Number of Buildings: 8 residential + 1 Club House
Lot Size: 9.93 Acres
Zoning: RMF-2

PROPERTY FACTS

Price $1,450,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 9.92 AC
No. Stories 1
Zoning RMF-2 - Residential High Density (20 du/acre)

1 LOT AVAILABLE

Lot

Price $1,450,000
Price Per AC $146,169.35
Lot Size 9.92 AC

9.92 Acres

DESCRIPTION

192 unit garden-style multi-family development opportunity in Live Oak, Florida. The site, which is just approximately ten acres is located along SW Irving Ave and in close proximity to multiple schools, retail, and the Suwanee County Airport. The land will be delivered free and clear. The site is approved and zoned for 20 units / Acre. The site is one of the few remaining large acreage sites in the market and would provide an opportunity for a developer to take advantage of a growing market that attracts consumers through it's nature aesthetics. Located in between Tallahassee and Jacksonville, Live Oak has been consistently growing over the years creating an immediate demand for more apartment housing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 27-02S-13E-08197-001000
  • 27-02S-13E-08243-000000
Land Assessment
$557,550
Improvements Assessment
$247,031
Total Assessment
$804,581
  • Listing ID: 33300241

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: SR 51, Live Oak, FL 32064

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