218 7Th Ave Jacksonville Beach, FL 32250
This exceptional 1,700 square foot commercial lot, located at 218 7th Ave S in Jacksonville Beach, Florida, presents a unique investment opportunity. Currently vacant, the property is zoned JC-1 and offers significant potential for development. The existing structure on the site is not salvageable and holds no value. This allows for complete creative freedom in designing a new construction project perfectly suited to the location and zoning regulations. Situated just two blocks from the beach, east of 3rd Street, this lot enjoys a highly desirable location with excellent visibility and accessibility. The city of Jacksonville Beach has plans to pave all alleyways in the area, a project slated for completion in March 2025 as part of Phase 3 development. This infrastructure improvement will further enhance the property's value and appeal. The asking price is $420,000. This represents a blank canvas for a developer seeking to capitalize on the thriving Jacksonville Beach market. The lot's dimensions are approximately 50 feet by 34 feet. This is a rare chance to acquire a prime commercial lot in a highly sought-after coastal location. Don't miss this opportunity to build your dream commercial project in a vibrant beach community.
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.