US-1 274 St Jacksonville, FL 33032
This exceptional 3-acre lakefront property in Duval County, Florida, presents a prime opportunity for multifamily development. Located at the intersection of US-1 and SW 274th St, Jacksonville, FL 33032, this Class B site offers approximately 70 units of potential density under current MC zoning, ideal for a garden-style, surface park design. The land's strategic location provides convenient access to major transportation arteries, including US-1 and the South Dade Busway Station, offering easy connectivity to the MetroRail at Dadeland Station. Furthermore, the property benefits from its proximity to a grocery-anchored retail center featuring a Fresco Y Mas (Winn Dixie), dining options, shopping, a gym, and healthcare services, enhancing the desirability for future residents. Nearby schools, including elementary and senior high schools, add to the site's family-friendly appeal. The asking price for this remarkable development opportunity is $3,250,000. This is a rare chance to build a thriving multifamily community in a rapidly growing area.
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
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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.