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    5969 Edenfield Rd Jacksonville, FL 32277

    Sponsored
    For Sale
    $1,700,000

    9.96 Acres, Residential Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.96-acre waterfront property in Jacksonville, Florida, presents a unique residential development opportunity. Located on the St. Johns River at 5969 Edenfield Rd, Duval County, zip code 32277 (30.38208, -81.5987), this land boasts permitted zoning for RMD-D and RMD-B, allowing for up to 20 units per acre. The asking price is $1,700,000, translating to approximately $170,683 per acre. The property includes rights to a slip, adding significant value. Situated near high-end single-family homes and multifamily developments, this location offers easy access to downtown Jacksonville (7.5 miles), the Port of Jacksonville, and area beaches. A development agreement is in place, extending its validity until September 2029. The property's proximity to Jacksonville University (two miles) further enhances its appeal. Detailed wetlands mapping is available. This is a rare chance to acquire a substantial riverfront parcel with established development potential, offering a compelling investment opportunity in a thriving Florida market. The property consists of three parcels. A permitted marina site from the St. Johns River Water Management is included.

    Property Features for 5969 Edenfield Rd

    General Information

    Property type
    Land
    Lot Size
    433,858 SF

    HighLights

    • 9.96‑acre waterfront development site with permitted marina slip, comprised of three parcels.
    • St. Johns River frontage, adjacent to high‑end single‑family and multifamily properties.
    • RMD‑D & RMD‑B zoning allows up to 20 units per acre.
    • Convenient access to Downtown Jacksonville (7.5 miles), Port of Jacksonville, and area beaches.
    • Development agreement in place until September 2029.
    • Located two miles from Jacksonville University.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5987
    Latitude
    30.38208

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    FAQs

    What type of property is this?
    Land - 9.96 Acres, Residential Development Potential
    Where is this land located?
    The property is located at 5969 Edenfield Rd Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 9.96-acre waterfront development site with permitted marina slip, comprised of three parcels.; St. Johns River frontage, adjacent to high-end single-family and multifamily properties.; RMD-D & RMD-B zoning allows up to 20 units per acre.
    (407) 557-3847
    Request Owner's contact information
    5969 Edenfield Rd Jacksonville, FL 32277
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    Jacksonville, FL 32277
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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
    5969 Edenfield Rd Jacksonville, FL 32277
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