0 11Th St Jacksonville Beach, FL 32250
This exceptional 15,730 square foot vacant land parcel presents a rare multifamily development opportunity in the thriving Jacksonville Beach area. Located on S 11th St, Duval County, FL 32250, this property boasts JRM-1 zoning, allowing for the construction of multiple residential units. The expansive lot, measuring 121 feet by 130 feet, offers developers a unique canvas to capitalize on the area's increasing demand for housing. Its prime location in South Jacksonville Beach ensures high desirability and potential for strong rental income. The asking price is $950,000, and the property is offered for sale by owner. This represents a lucrative investment opportunity for developers seeking to create a high-value residential project in a sought-after coastal community. The property's dimensions and zoning provide significant flexibility for various multifamily development plans, including townhouses or other multi-unit dwellings. This is a truly exceptional opportunity to acquire a large, well-located parcel of land ready for immediate development. Seize this chance to build in a vibrant and growing beachside market.
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
Similar Nearby for Lease
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.