9833 Us-129Live Oak, FL 32060

Property Details for 9833 Us-129

Lot size

145.00 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 145-acre development parcel presents a unique opportunity in Live Oak, Florida. Situated on US Highway 129 in Suwannee County, this property is conveniently located near retail, schools, and the city center. Currently zoned RSF1 & C1 in the county, it's annexable into the City of Live Oak, opening doors to diverse development options including single-family residential, multifamily, and mixed-use projects. The site boasts high visibility with a daily traffic count of 6,600 vehicles (DOT data). Utilities—power, water, sewer, and cable—are readily available or close at hand, supporting large-scale development. The level terrain and existing sewer capacity further enhance its appeal. While residential development could yield 4-8 units per acre (with annexation), multifamily projects could achieve densities of 8-12 units per acre, potentially reaching 20 units per acre with inclusion of workforce housing. The asking price is $3,250,000, translating to $22,414 per acre. The property's APN is 35-02S-13E-08373-000000. Note: The sale includes land only; merchantable timber is not included in the listed price. Buyers will need to arrange for timber acquisition or allow the seller time for post-closing harvest. This is a prime opportunity for developers seeking a substantial land holding in a pro-growth area.

Location Insight

City

Live Oak

County

Suwannee

State

Florida

Latitude

30.2711

Longitude

-82.9891

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