This exceptional 198-acre property in Seminole County, Florida, presents a unique investment opportunity. Located near Geneva, FL, on FL-46, adjacent to Jolly Gator Fish Camp and the St. John's River, it includes historic Cow Island. Zoned Rural Residential 1/5 (one house per five acres), the land offers diverse possibilities, including hunting, recreational activities, potential RV park development, or even an airboat rental business. The property boasts a mix of wetland and dry areas, ideal for hunting various wildlife, including deer, wild hogs, and turkeys. Access to the St. John's River is readily available via a nearby public boat ramp. Its strategic location, approximately 20 minutes from I-95 and near major cities like Orlando and Daytona Beach, ensures convenient access. The asking price reflects its recreational value, eliminating potential rezoning complexities. Owner financing options are available, including a 30% down payment with a 10-year balloon or longer amortization, and a 20% option contract. The property's APN is 29-20-33-300-002B-0000. This is a rare chance to own a significant piece of untouched Florida.
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
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.