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Property profile & analytics
OFF-MARKET
Small apartment buildings

125 Boundary Dr Georgetown, FL 32139

Property ID
US18-5401477
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
UPID US18-5401477
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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