1129 Dyal StJacksonville, FL 32206

Property Details for 1129 Dyal St

Lot size

0.40 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 0.396-acre lot, located at 1129 Dyal St in Jacksonville, Florida (zip code 32206), presents a remarkable opportunity for residential development. Zoned RMD-A, this 150' x 115' parcel is ideally suited for the construction of 6-7 townhome units. Complete architectural and structural engineering plans for a six-unit townhome development are included in the sale, streamlining the building process. The property boasts convenient access to city water and sewer services. This is a single-parcel offering, although the seller owns two additional adjacent parcels available for purchase separately or as a package deal. The location is highly desirable, situated in a rapidly developing area with close proximity to key attractions such as Historic Springfield, the Phoenix Arts District, Downtown Jacksonville, and the Sports & Entertainment District. Enjoy the added benefit of a one-block walk to Edwards Park and the newly constructed Emerald Trail, a pedestrian and bicycle path connecting various parks and urban core areas. Financial projections indicate a strong return on investment, with a projected 11.67% ROI in the first year post-construction, potentially increasing to 17.48% by year five. Detailed financial projections are available upon request. This is a prime opportunity to capitalize on the growth and potential of this vibrant Jacksonville neighborhood.

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3489

Longitude

-81.6404

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