230 Hazel Ave Georgetown, FL 32139
This exceptional 15,681.6 square foot lot in Georgetown, Florida (32139), presents a unique investment opportunity. Zoned for commercial, apartment, and residential use, this property offers versatility for various development plans. Currently configured as a duplex or triplex, it boasts riparian rights to the Georgetown dock on Lake George, providing direct waterfront access. The property is situated near paved roads and benefits from a $45.00 monthly HOA fee, contributing to the maintenance of the Georgetown dock and community roads. Lake George, known as the "bass capital of the world," is immediately adjacent, offering prime fishing opportunities. Crescent Lake, another attractive fishing destination, is conveniently located just 7 miles away, with public boat ramps readily accessible. While manufactured homes are permitted, construction requires off-site residency. This property's prime location and waterfront access make it an ideal investment for those seeking a lucrative venture in a desirable Florida location. The property's multi-family zoning allows for diverse development options, catering to a range of potential renters or buyers. The existing structure presents an immediate income stream or a foundation for renovation and expansion. The combination of waterfront access, fishing opportunities, and convenient location makes this a truly remarkable investment prospect.
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.