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    OFF-MARKET
    Commercial real estate

    106 Union Ave, Crescent City, FL 32112

    57.18 ac lot
    Property ID
    US18-6328633
    Property summary
    AI-generated overview

    This exceptional 57.18-acre property in Putnam County, Florida, offers unparalleled waterfront access via the St. Johns River, leading directly to the Atlantic Ocean. Located in a federally designated Opportunity Zone, this fee-simple land presents significant investment potential. Zoned AE, it's ideal for a large private estate or a luxury eco-resort. Enjoy proximity to major attractions like Disney, Daytona Beach, and St. Augustine, as well as five international airports. The property boasts existing infrastructure including electricity, natural gas, high-speed internet, and access to a natural aquifer for well water. A septic tank system is permitted. Importantly, this site remained flood-free during Hurricane Ian. A permit from the Florida Department of Environmental Protection is already in place for a 300ft pier and a large covered boat dock capable of accommodating a 50ft yacht. The asking price is $5,700,000, representing $100,000 per acre. The address is 106 Union Ave, Crescent City, FL 32112.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 57.18 ac (2,490,761 SF)
    UPID US18-6328633
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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