Attention Investors and Developers! We are excited to present a prime land redevelopment opportunity that allows for the construction of up to 20 residential units. Currently, the property features two buildings comprising a total of 6 existing dwelling units. The optimal strategy for maximizing this property’s potential would involve acquiring it, allowing the existing leases to run their course, and then demolishing the current structures. Once cleared, you can proceed with the development of up to 20 new units, transforming this site into a vibrant community space. Don’t miss out on this chance to invest in a promising and lucrative project!
Financial Considerations
Price:
$749,900
HOA Fee:
N/A
Tax Amount:
$9072
Price per SqFt:
$59.48
Tax Legal Description:
LOT 3 & THE N 10 FT OF LOT 4, ORANGE PARK, LESS 10 FT OFF W SIDE FOR R/W PI#44368.0000/9