For Sale
$7,499,999

0 Gate Pkwy And Deerwood Lk PkwyJacksonville, FL 32216

Jacksonville, FL: Prime Development Land

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 65-acre parcel in Jacksonville, Florida, presents a remarkable multifamily development opportunity. Located near the intersection of Gate Parkway and Deerwood Lake Parkway, in Duval County (zip code 32216), this fee-simple property is zoned for multifamily use, offering the potential to construct over 300 units. Currently benefiting from a conservation easement, the property enjoys exceptionally low annual taxes (under $400), which can be removed. The site's strategic location is adjacent to the Deerlake subdivision and a burgeoning area near Southside Boulevard, where over 500 new apartments are under construction, indicating strong market demand. The seller is offering a 90-day due diligence period with a fully refundable deposit, providing ample time for thorough investigation and planning. With ample space for parking (provision for 200 spaces), this property represents a significant investment opportunity priced at $7,499,999. The APN is 154166-0510. This is a rare chance to acquire a large, well-situated tract of land ideal for a substantial multifamily development project in a rapidly growing area.

Highlights

  • 65-acre parcel located on highly desirable Gate Parkway.
  • Excellent multifamily development potential, adjacent to Deerlake subdivision.
  • Currently under conservation easement, resulting in annual property taxes under $400.
  • Seller offering a 90-day due diligence period with a fully refundable deposit.
  • Potential for 300+ multifamily units.
  • Offered at $7,500,000.

Property Details for 0 Gate Pkwy And Deerwood Lk Pkwy

Property type
Land, Farms
Lot Size (sq. ft)
2,831,400 SF

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.259825942246
Longitude
-81.559166181431
Gate Pkwy And Deerwood Lk Pkwy, Jacksonville, Florida

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0 Gate Pkwy And Deerwood Lk Pkwy
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