0 Gate Pkwy And Deerwood Lk PkwyJacksonville, FL 32216

Property Details for 0 Gate Pkwy And Deerwood Lk Pkwy

Lot size

65.00 AC

Property type

Land

Property subtype

Farms

Description

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.

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2598

Longitude

-81.5592

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