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    125 Boundary Dr Georgetown, FL 32139

    Sponsored
    For Sale
    Contact for pricing

    Prime Lake George waterfront investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,018.8 square foot land parcel presents a unique investment opportunity in the desirable Georgetown Cove community of Georgetown, Florida (zip code 32139). Located at 125 E Boundary Drive, this property is classified as commercial, apartment building, and residential, offering versatility for development. The land's multifamily zoning allows for the construction of a duplex, triplex, or quadplex, catering to a growing demand for rental properties in the area. The property's significant size provides ample space for a substantial development project. Georgetown Cove residents enjoy exclusive access to a private campground, ideal for recreational activities and relaxation. The property's prime location offers direct access to Lake George, Florida's second-largest freshwater lake, providing unparalleled access to boating, fishing, and various water sports. This combination of prime location, recreational amenities, and multifamily zoning potential makes this a highly attractive investment opportunity for those seeking a lucrative venture in a tranquil lakeside setting. The asking price for this remarkable property is $15,000. This represents a rare chance to acquire a substantial land parcel in a sought-after Florida community with exceptional access to recreational opportunities. Serious inquiries are encouraged.

    Property Features for 125 Boundary Dr

    General Information

    Property type
    Multifamily properties

    HighLights

    • $15,000 asking price.
    • 10,018.8 sq ft lot.
    • Multifamily land investment opportunity in Georgetown, FL.
    • Located in the Georgetown Cove community with private campground access.
    • Direct access to Lake George.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Food Market Grocery Store Garden Center Computer & Electronic Repair Tech Support Center Coworking Space Supermarket

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Putnam
    State
    Florida
    Longitude
    -81.617523
    Latitude
    29.385336

    Nearby Comparable

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      Georgetown Commercial Land Parcel

      Prime .23-acre commercial lot in Florida
      113 Forest St, Georgetown, FL 32139
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      Georgetown Commercial Land Plot

      10,018 sq ft buildable lot, Lake George access.
      210 1St St, Georgetown, FL 32139
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      Land For Sale Georgetown, FL

      Land available for purchase in Georgetown, Florida.
      210 SE 1St St, Georgetown, FL 32139
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Lake George waterfront investment.
    Where is this multifamily property located?
    The property is located at 125 Boundary Dr Georgetown, FL.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: $15,000 asking price.; 10,018.8 sq ft lot.; Multifamily land investment opportunity in Georgetown, FL.
    Request Owner's contact information
    125 Boundary Dr Georgetown, FL 32139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 Boundary Dr Georgetown, FL 32139
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