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Property profile & analytics
OFF-MARKET
Commercial real estate

218 7Th Ave Jacksonville Beach, FL 32250

Property ID
US18-2822683
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US18-2822683
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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