0Orange Park, FL 32073

This exceptional multifamily investment opportunity in Orange Park, Florida, presents a unique blend of luxury living and significant development potential. Situated on a picturesque 4.65-acre riverfront estate, the property boasts a stunning 10,000 square foot, one-story main building. This impressive residence features seven suites and 7.5 bathrooms, offering opulent comfort and breathtaking St. Johns River views. In addition to the main residence, the property includes a detached garage with a large second-floor apartment, a separate 4-car garage, and ample parking. The existing infrastructure is complemented by vacant land approved for the construction of an additional 27 units, with a maximum potential buildable area of 1,000 square feet per unit (verification required). This presents a substantial opportunity to expand the existing multifamily complex and capitalize on the high demand for luxury waterfront living in Northeast Florida. The property's location in Clay County, zip code 32073, offers easy access to local amenities and attractions. This is a rare chance to acquire a truly remarkable property with significant upside potential. The mature oaks and tranquil riverfront setting create an idyllic environment, perfect for residents and guests alike. This is a prime investment opportunity not to be missed.