0 1St St, Interlachen, FL 32148
This exceptional 33,105.6 square foot parcel of land, located at XXX SE 1st Street in Interlachen, Florida (zip code 32148), presents a unique investment opportunity. The property is zoned R-2 SFR, allowing for significant development potential. Situated in Putnam County, this high and dry lot boasts a desirable Flood Zone Code X designation, eliminating flood insurance concerns. The absence of a homeowner's association (HOA) provides additional flexibility for future development plans. With three convenient ingress/egress points, accessibility is maximized. The expansive lot encompasses a total of twelve individual lots (Lots 1, 2, 3, 4, 5, 6, 29, 30, 31, 32, 33, and 34), offering ample space for multiple residential structures. Preliminary assessments suggest the property can comfortably support at least two homesites, making it an attractive prospect for builders or investors seeking to capitalize on the growing residential market in Interlachen. The asking price is $19,900. This is a rare opportunity to acquire a sizable, versatile lot in a desirable location. Don't miss out on this chance to build your dream project or create a profitable investment portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.