125 Boundary Dr Georgetown, FL 32139
This exceptional 10,018.8 square foot land parcel presents a unique investment opportunity in the desirable Georgetown Cove community of Georgetown, Florida (zip code 32139). Located at 125 E Boundary Drive, this property is classified as commercial, apartment building, and residential, offering versatility for development. The land's multifamily zoning allows for the construction of a duplex, triplex, or quadplex, catering to a growing demand for rental properties in the area. The property's significant size provides ample space for a substantial development project. Georgetown Cove residents enjoy exclusive access to a private campground, ideal for recreational activities and relaxation. The property's prime location offers direct access to Lake George, Florida's second-largest freshwater lake, providing unparalleled access to boating, fishing, and various water sports. This combination of prime location, recreational amenities, and multifamily zoning potential makes this a highly attractive investment opportunity for those seeking a lucrative venture in a tranquil lakeside setting. The asking price for this remarkable property is $15,000. This represents a rare chance to acquire a substantial land parcel in a sought-after Florida community with exceptional access to recreational opportunities. Serious inquiries are encouraged.
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.